Buy and Sell Signals, and Other Market Perspectives Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives

SPY 671.91

0.0%

Nov 14 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: GROUND ZERO™ who wrote (96113)	8/29/2017 10:24:26 PM
From: John Pitera	1 Recommendation Recommended By Mevis Read Replies (1) of 218841

HI GZ, Thank you so much, Probably a great idea being short gold as there is too much bullishness, and silver is lagging... don't trust a move up in Gold where Silver is not leading the way... crude is vulnerable to the downside, as with all these refineries shut down, their is reduced demand for crude because they can not do anything with it. So Crude is vulnerable to the downside and the products, Gasoline, heating oil, in the very close by months have significant upward price pressure on them. the 10 year note has split the difference between the 1.40 ish lows in yield last summer and the high of 2.62 in Dec of 2016..... it seems like it's trying to split the difference between that range and is 10 or 12 basis points above 2.0% The chinese are up to some interesting things in their bond market, out bond market......... I just don't know about them. The bottom line is that they want to keep and continue to militarize all of those artificial reef islands they have been building all over the Pacific ocean anywhere remotely near the mainland. It's Labor day weekend already...so I don't expect all that much from the SPX this week. John

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next