Daily Archives: July 7, 2020

Showing articles 1 - 2 (2 total)

09Oct3:32 pmEST

We're All Just One Trade Deal Rumor Away from Humility, Bud

Semiconductors continue to impress this afternoon, as we can see how strong the group is capable of trading when we have positive China trade rumors. Of course, any moment now we could get hit with an abrupt turn of events to the negative side, which would likely hit chips hard given their inherent exposure to China in many instances.  In these...

09Oct11:05 amEST

Eventually We Need the Real Deal

A more positive spin on the China trade war saga unfolded overnight, with hope for at least a partial deal sending futures higher which is spilling over into the cash session this morning. While I did not sell out of any longs into yesterday afternoon's final hour swoon, I also have been reticent to chase up bounces like this morning's. In...

 
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