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Like to read more of my commentaries? Please subscribe my Daily Market Report. Subscribers can find all the members only posts HERE. StockCharts members, please vote for me HERE, thanks.
Last gasp before the end. No way this market can fight against the onslaught that the PBoC has unleashed. Federal reserve is the Dutch army riding bicycles to face Hitler's panzer divisions.
Tim Cook would be looking at big time margin expansion if he didn't have so much paid for inventory. Nothing but good news for US retailers, nothing but bad news for US exporters and tough on commodities.
Professionally authored content earlier this week said a big chunk of earnings reports so far talked about the effect of currency exchange. You know at some point the Tweeter in Chief will focus on that subject once again. Especially when he figures out that the PBoC just neutralized his steel tariffs with the help of Jay Powell over the last two days.
Need limit orders (background color) and the bid ask crossers (order flow delta bars) to align if we are going to bottom. Of course the big guys use hidden order types so they are not showing up until they transact.
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