This morning on Bloomberg Television, Scott Bauer discussed the ramifications of China’s recent statement regarding Phase One of the trade agreement. Grab a free five day pass to Scott’s live signal trading room today: http://bit.ly/nl-freepass
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Gold has been a confusing trade over the past few weeks, to say the least. Why would gold rally the way that has when the stock market is continuing to surge? The most direct reason is that this is a currency play. We have written a number of times outlining why this is the case. […]
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Friday’s move reminds one of an explosion – fragments flying high into the air. The news that exploded the markets was a suggestion from China that it may buy $1-trillion of US goods to end the trade wars. I discuss this and chart resistance in today’s video.
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Yesterday, September 6th, was the supposed deadline for China to come to the table for agreement on trade tariffs. They did not, but there was no implementation of any new tariffs – especially the $200 billion level that was warned. Today, Friday the 7th, could have been the day the tariffs were implemented but were […]
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