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Sunday night market smackdown

savvydon

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#1
Looks like the asian markets are picking up tonight where the US markets left off on Friday. Nikkei and Hang Seng off 1 1/2% and 2% respectively in the early going. Additionally silver is under pressure again tonight. I don't think you can blame asian drops on Fed speak interest rate BSing... wonder what is going on?
 

Goldhedge

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#2
Asians have to quit worrying about what the defunct FED is going to do.

I think by the end of the month when China gets the nod we'll start seeing some dollar action and not in a good way... JMO
 

savvydon

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#3
Asians have to quit worrying about what the defunct FED is going to do.

I think by the end of the month when China gets the nod we'll start seeing some dollar action and not in a good way... JMO
Can you elaborate on 'China getting the nod'? From who?

I think the Fed would love to see a weaker dollar, as it might take the monkey off the US economies back a bit. It would ease trade disparity and might even let the Fed get away with an interest rate hike or two without breaking the camel's back.
 

andial

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#4
Hillary maybe dying might be hurting the stock market last i heard the wall street crowd favors her.
 

<SLV>

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#7
Asia always reacts in sync with big moves in US markets. They follow us. I would not be surprised to see a bounce in US equities today.
 

louky

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#10
Potential trap door set yesterday since we didn't hit 2169 imo

2097 target still in play

Do the machines take over after lunch time and prop it back up?
 
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louky

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#15
"Buying the dips" is no longer prudent. Still seeing a date with 2097. Close below 2100 looks like it would be significant
 

louky

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#16
My theory now is that fomc doesn't propel metals past their recent highs as we'd hoped ,but it does keep people in the market, knowing a hike is 3 months out and we make new all time highs there shortly, which is good for miners

Still not an invest-able market hence the billions of dollars sitting on the sideline waiting for the 20% correction that's coming
 
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