Mojo is back
ES Has Topped
- Thread starter Buy1Sell2
- Start date
Hmm... if you are all getting that excited about under 1% drop in after hours trading... I think you will all freeze up in a real crash...
Anyway, S&P500 back to where it was before so nothing really.
Lets see what China and Hong Kong brings this morning. HSI went down almost 2% yesterday.
Anyway, S&P500 back to where it was before so nothing really.
Lets see what China and Hong Kong brings this morning. HSI went down almost 2% yesterday.
Something feels so wrong about this up, at this point.
Why's that? You been watching the Senate?
Looks good to me (also, that's probably as good a reason as any to short here)
Reasons for HK slide..
https://www.bloomberg.com/news/arti...e-saying-about-the-plunge-in-hong-kong-stocks
I reckon it was mainly Zhou's comments about a "Minsky moment"...
https://www.bloomberg.com/news/arti...e-saying-about-the-plunge-in-hong-kong-stocks
I reckon it was mainly Zhou's comments about a "Minsky moment"...
I wrote that one off this morning without a thought because of the CCP meeting in Beijing.
Well... CCP meeting itself didn't really do anything I think. Shanghai didn't move as much as HSI... Maybe HSI went so big because it's inflated property stocks... that coincides pretty well with Zhou warning about Minsky moment/inflated assets/high debt level.
That dragged everything down Europe started about an hour later... and then the decent macro numbers in the USA made the S&P500 shrug it's shoulders... 'meh, up'...
I meant about the more assertive policy towards Hong Kong. But made for some nice options entries today.Well... CCP meeting itself didn't really do anything I think. Shanghai didn't move as much as HSI... Maybe HSI went so big because it's inflated property stocks... that coincides pretty well with Zhou warning about Minsky moment/inflated assets/high debt level.
That dragged everything down Europe started about an hour later... and then the decent macro numbers in the USA made the S&P500 shrug it's shoulders... 'meh, up'...