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Though. In the Early Morning hours we saw china literally gave up the ghost, plummeting 6 , and finishing at 2,749. That is well below the 3,000 line in the sand, as the Chinese Government tries to maintain. Maybe the communists decide the whole effort is futile and they dont want to spend anymore money propping up stocks, or maybe the sellers at last overwhelm the buyers. Including the prc. But either way, starting ugly. Meanwhile, oil after being 2 yesterday, falling back down to 30, was flirting with 29, insanity. Plus, with the Federal Reserve meeting on the horizon tomorrow, felt like it was another horrible session on its way. Yeah, 4 00 a. M. , etched in stone wed be down at least threequarters of a percent and the futures traders seemed to have their hearts set on appealing all the gains from late last week. ....
But the dow up, nasdaq up, sure didnt turn out that way, though. In the Early Morning hours we saw china literally gave up the ghost, plummeting 6 , and finishing at 2,749. That is well below the 3,000 line in the sand, as the Chinese Government tries to maintain. Maybe the communists decide the whole effort is futile and they dont want to spend anymore money propping up stocks, or maybe the sellers at last overwhelm the buyers. Including the prc. But either way, starting ugly. Meanwhile, oil after being 2 yesterday, falling back down to 30, was flirting with 29, insanity. Plus, with the Federal Reserve meeting on the horizon tomorrow, felt like it was another horrible session on its way. Yeah, 4 00 a. M. , etched in stone wed be down at least threequarters of a percent and the futures traders seemed to have their he ....
Money propping up stocks, or maybe the sellers at last overwhelm the buyers. Including the prc. But either way, starting ugly. Meanwhile, oil after being 2 yesterday, falling back down to 30, was flirting with 29, insanity. Plus, with the Federal Reserve meeting on the horizon tomorrow, felt like it was another horrible session on its way. Yeah, 4 00 a. M. , etched in stone wed be down at least threequarters of a percent and the futures traders seemed to have their hearts set on appealing all the gains from late last week. I wanted to go back, but thats not how you play in the playoffs. Next thing you know, oil climbs back to 39. 21. Nobody thought that was in the cards, why . I could say ive given up trying to find logical explanations for the oil move. Forgive me, though, for going back to oil giant and the expiration for budgets are coming so fast supply and demand year. Plus, despite a story about the decline in chinese gasol ....
13,000 Thursday â Nasdaq in Critical Territory 13,146. That s the 50-day moving average on the Nasdaq that we need to cross back over by tomorrow or it s likely the Nasdaq continues to correct back to the 200-day moving average at 11,721, which would be 10% down from where it is now. Author: Mar 11, 2021 13,146. That s the 50-day moving average on the Nasdaq that we need to cross back over by tomorrow or it s likely the Nasdaq continues to correct back to the 200-day moving average at 11,721, which would be 10% down from where it is now. 13,146. That s the 50-day moving average on the Nasdaq that we need to cross back over by tomorrow or it s likely the Nasdaq continues to correct back to the 200-day moving average at 11,721, which would be 10% down from where it is now. Since we know the Nasdaq is ridiculously over-valued, the 10% down scenario is a lot more likely than the resume the rally scenario. ....
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