Last night in the US was mainly retail getting a spanking because Walmart and Kmart had profit downgrades.
usual negativity will follow here which means a good scalping day for HLL type traders.
then in a few days, they’ll say interest rates are less likely to go up as fast as we thought due to retail slowdown and the US will buy the dip again.
rinse repeat
always a lot of opportunities on these days IMO
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