Canadian Dollar: see how the headline-grabbing parity has so far been the top of the move of this petro (and gold and other stuff) currency
Euro: well they have started filling the headlines with new rounds of worries and stuff
Gold: I view this as a correction
and, of course, S&P futures are weak
1175-1180 cash is my first level. 1168 pivot is after that. This has been a choppy market lately and if it stays like that, tight levels may become traps. A player can hedge or stay out, or give a wider berth to swings
And since everybody and their dog is talking nothing but POMO these days, there is a FED open market operation (bond purchase) on tab for today. What market does as reaction to an action by Fed, or whoever, may be more important than the actual whatever that is done by the whoever.
Have a Nice Morning!
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And since everybody and their dog is talking nothing but POMO these days, there is a FED open market operation (bond purchase) on tab for today.
What everyone knows is not worth knowing - Joe Granville :-)
Just injecting some humor!
Nice work Piazzi. Amazing how much you can observe just by keeping things simple, as you mentioned.
Good old Joe
saleen899
yes, sometimes getting down to the basics helps
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