Mkts showing very good reliance. Look at fdx . Warned fell a little and screamed back to 52 week highs . Outside an event mkts not falling much till we see how earnings are . With 5.5% 13 month cd’s I’m very suprised at strength of mkt . There has to be trillions that locked in 5% guaranteed. For 2 decades all we heard “ no were else to put your money “ when rates were zero . Now there is somewhere ti put your mine band mkt still strong
ES Journal - 2023/2024
- Thread starter Buy1Sell2
- Start date
red day on ym for me, fake gpd revision...
The source of the massive revision? Net trade saw a major increase as exports were revised from 0.58% to 0.86%. Imports were revised, too, from -0.57% to -0.28%. That equaled a net GDP gain of 0.58%, up from 0.01% following the last GDP revision, and it accounts for nearly all of the 1.3% to 2.0% revision this morning. There was no apparent cause for the sudden shift.
The source of the massive revision? Net trade saw a major increase as exports were revised from 0.58% to 0.86%. Imports were revised, too, from -0.57% to -0.28%. That equaled a net GDP gain of 0.58%, up from 0.01% following the last GDP revision, and it accounts for nearly all of the 1.3% to 2.0% revision this morning. There was no apparent cause for the sudden shift.
NQ and ES diverging a bit today with NQ having an Inside Day so far today.
Could be a worthwhile short here (4430) on ES for a move back down to 4420 by the Close.
Could be a worthwhile short here (4430) on ES for a move back down to 4420 by the Close.
Scratch that if NQ starts participating here.
and out at 37.00
Unless there's a surprise in there, should be a snooze-fest.