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the pullback probably will be bought. likely a range day today.
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The E-commerce Index: $DJECOM represents the 40 largest and most actively traded stocks of U.S. companies in the internet industry (FAANG++).
Just to confirm, it tracks very closely with our little FDN (pink)
15min
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
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FX Daily reports that President Trump has announced he wants to push forward with the $200 bln in new Chinese tariffs, despite talks. FXI now down 1% on the day.
And from Bloomberg: Trump has told aides to proceed with tariffs on about $200 billion more in Chinese products.
testing yesterday's low as expected. now see whether it's breakdown then sharp rebound as usual.
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Financials, semis, and transports are the only sectors I track which still have gains of 1/2 of 1% or greater. Energy has dropped off, along with the price of oil.
Weak dogs include XLY and XLU. TLT has pared its loss, now down only about -0.3%
no breakdown but indeed sharp rebound. now hard to call so will be quiet.
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coolbiz, hour ago
SPX has not closed above 2905.30 yet? Tariff uncertainty is creating choppy action. Staying neutral for now (most bullish projections are on hold till further clarity) SPX now at 2899...
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.