@paddington bear in the XSO forum noted that:
"margin debt on Wall Street at the end of April was 550.6 billion – AN ALL TIME HIGH. We all know how quickly these things can turn, and when they do they have a horrid habit of being very nasty. "
So maybe readying for a big short on DJIA, SP500, or Nasdaq soon?
China had an up day yesterday and is up again today. Haven't found out why yet.
Gold up and Oil down seem to be the possibilities for a megatrend, but I'm not convinced yet. Gold could be up because USD is down, and Oil usually gets a lift in August.
USD/JPY is falling strongly, but not convinced about that either.
India Nifty did nothing after its central bank decision yesterday.
US and DAX still good, but now it's June, and I should have gotten in earlier.
Lots of news internationally tonight: ECB, UK election, Comey testimony. See how things look tomorrow.
Still looking for a megatrend.
- Forums
- CFDs
- Mega-Trends To Get Rich Quick
Mega-Trends To Get Rich Quick, page-9
-
- There are more pages in this discussion • 61 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Featured News
LU7
Discover the strong preliminary feasibility of the Bécancour Lithium Refinery, showcasing resilience in a low pricing environment and a strategic plan to capitalize on future price recoveries