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The Russell 2000 looks like an inverse H&S pattern. Will it hold or fail is the big question for this week.
Four Fed officials speak on Tuesday, including Powell's confirmation hearing. Two of the other speakers have escalated the Fed's hawkish rhetoric in recent months. On Wednesday and Thursday, the CPI and PPI will be reported. The market's path this week may be determined by whether all of these fall in to hawkish or dovish column, and whether they surprise or not. For today, bulls want NQ to retake 15500. For the week, bears want to see RTY lose the 2100 level.
Macro Afternoon
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With the FOMC meeting absorbed all eyes are now on the latest US jobs
report tonight with the bounce in tech shares on Wall Street possibly not
enough to...
Friday: Employment Report
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[image: Mortgage Rates] Note: Mortgage rates are from MortgageNewsDaily.com
and are for top tier scenarios.
Friday:
• At 8:30 AM ET, *Employment Report* fo...
Weekly Market Pulse: Be Careful What You Wish For
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Be careful what you wish for lest it come true! Various of Aesop's Fables
Shinzo Abe was elected to a second term as Japanese Prime Minister in 2012
and la...
I promised a fresh start and something new
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Beginning of this year I posted that I had done my last performance review
and promised a fresh start – something new. Well it took a while to move my
idea...
BIG PICTURE AGRICULTURE'S LATEST NEWS
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1. CLICK HERE to view my other site: Agriculture News Daily. 2. CLICK HERE
to view latest tweets from my favorite Ag-related news sources. 3. See news
lin...
A Slow Motion Slide
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We’ve had quite a weird week – Nasdaq kept selling off to the indifference
of the rest of the world. Nasdaq’s correction reached -11% off the ATH,
while ...
The Oil Refinery Crisis Will Worsen This Winter
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The Oil Refinery Crisis Will Worsen This Winter Tyler Durden Thu,
12/10/2020 - 20:20
*Authored by Julianne Geiger via OilPrice.com,*
It was only to be ex...
FINTS EVENING HIGHLIGHTS (15 Jun 2016)
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China’s total debts amounted to 168.5 trillion yuan ($25.6 trillion) at the
end of 2015, equivalent to 249 percent of gross domestic product, Li Yang
an in...
Responses to readers’ questions, and new forecasts
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[image: Vietnam account set-up]1. The question is: “I got a good run up in
ISJP and was stopped out yesterday-in at 14.23 in august 2012 and out
yesterday ...
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