Hahahahahah Making Traders Rich Again!
ES Journal - 2019/2020
- Thread starter Buy1Sell2
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Hahahahahah Making Traders Rich Again!
The way I see it, that was yesterday's low. Now we do have something to worry about.
Somebody wake up B1 so he can remind us all how smart he is.
Man... there are gonna be some sick players out there in the next few hours when they glance at the futures before the go nighty-nite. .
Somebody wake up B1 so he can remind us all how smart he is.
Man... there are gonna be some sick players out there in the next few hours when they glance at the futures before the go nighty-nite. .
China PMI just came in flat... they're down 1.2%
Japan's tanking, down .92%
Tomorrow's gonna be fugly.
Chinese factory activity contracts more than expected, official data show
Published 29 min ago
Huileng Tan@huileng_tan
Key Points
- | AFP | Getty Images
China's manufacturing activity contracted more than expected for in the month of May amid a bitter trade war with the U.S.
The official manufacturing Purchasing Managers' Index (PMI) for May came in at 49.4, lower than the 49.9 economists polled by Reuters had forecast. April's reading was 50.1.
PMI readings above 50 indicate expansion, while those below that signal contraction.
The PMI is a survey of businesses about the operating environment. Such data offer a first glimpse into what's happening in an economy, as they are usually among the first major economic indicators released each month.
For China, the PMI is among economic indicators that investors globally watch closely for signs of trouble amid domestic headwinds and the ongoing U.S.-China trade dispute.
The official PMI survey typically polls a large proportion of big businesses and state-owned enterprises. A separate survey, the Caixin indicator has a bigger mix of small- and medium-sized firms.
The Caixin manufacturing PMI is due on June 3.
Japan's tanking, down .92%
Tomorrow's gonna be fugly.
Chinese factory activity contracts more than expected, official data show
Published 29 min ago
Huileng Tan@huileng_tan
Key Points
- China’s National Bureau of Statistics released official manufacturing PMI for the month of May, which fell to 49.4 from 50.1 in April. Analysts polled by Reuters had expected the indicator to drop to 49.9 in May.
- For China, the PMI is among economic indicators that investors globally watch closely for signs of trouble amid domestic headwinds and the ongoing U.S.-China trade dispute.
- | AFP | Getty Images
China's manufacturing activity contracted more than expected for in the month of May amid a bitter trade war with the U.S.
The official manufacturing Purchasing Managers' Index (PMI) for May came in at 49.4, lower than the 49.9 economists polled by Reuters had forecast. April's reading was 50.1.
PMI readings above 50 indicate expansion, while those below that signal contraction.
The PMI is a survey of businesses about the operating environment. Such data offer a first glimpse into what's happening in an economy, as they are usually among the first major economic indicators released each month.
For China, the PMI is among economic indicators that investors globally watch closely for signs of trouble amid domestic headwinds and the ongoing U.S.-China trade dispute.
The official PMI survey typically polls a large proportion of big businesses and state-owned enterprises. A separate survey, the Caixin indicator has a bigger mix of small- and medium-sized firms.
The Caixin manufacturing PMI is due on June 3.
Welcome to futures. I'm down only 422 points or so at the moment. Can't wait to play with the roll.
5% tariff on Mexico... when the markets open tomorrow, they gonna roll you into 4x8x8 hole in the ground.
That is just stupid.
Ahh. You've never heard of swing trading then? This is what happens.
Blah blah. Mexico is nothing. The real killer will be when China makes it official on the escalation, and Trump escalates it more. THAT'S what the markets are REALLY not gonna' like. As I mentioned in another thread about the "pricing in" thing...The markets have not yet fully realized that.
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