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World Stock Markets Trading Discussion - Mediocre mingling


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Sell the news 2 year debt ceiling deal. 

 

Looks like fading the good news (actually they are bad news in terms of liquidity) is trumping buy the durable goods bad news (good in terms of liquidity as in deeper down the NIRP hole/debt growth bullish).

 

And of course the fairy godmother won't give us a surprise rate hike (or better put an attempt to hike) tomorrow.

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Oil setting up a retest of the lows.

 

I'm still LT bearish on WTI after it failed to close above 51.

 

My oil bottom cynical analcyst check list:

1.Putin stops messing with Ukraine

2.Venezuelan regime change

and new addition: 3. Andrew "God of oil trading" Hall folds his fund or goes all in short.

 

So far we got 0 out of 3.

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