The equity markets continue under pressure with the SP500 leading the way lower trading down at 3002 -36 ticks on the day thus far. Pressure has been consistent, with quick moves higher gradually sold away. Nervousness about the riots and continued Trump rhetoric like this:
***TRUMP WEIGHS SANCTIONS ON CHINA FINANCE SECTOR OVER HONG KONG***
***TRUMP MAY ALSO IMPOSE RESTRICTIONS ON GRADUATE STUDENT VISAS***
Here is a recap of mid day equities from barchart.com:
The pressure seems to want to move fully into the close and punish all the dip buyers and these can be frustrating days, so stay vigilant.
-Magnelibra Econemotions
DISCLAIMER: For educational purposes only. This is not a solicitation to buy or sell commodity futures or options on neither commodity futures. The risk of trading securities, futures and options can be substantial and is not for everyone. Such investments may not be appropriate for the recipient. The valuation of futures and options may fluctuate, and, as a result, client…
