OASIS FORUM Post by the Golden Rule. GoldTent Oasis is not responsible for content or accuracy of posts. DYODD.

It may be time to buy a bit of downside coverage for the stock mkt–like my SDOW or QID or some others..

Posted by Richard640 @ 15:31 on November 14, 2019  

12:30. pm—Today the. Global.  Dow.  index is down a big 23 pts—they’re buying bonds today—the mkt has been ragged for a while—yet seems bullet proof to. any serious decline—fear-greed index at. 87—talk of melt up has been heard—this is the profile we get just before 10 or 20 percent corrections…personally, it’s very VERY difficult for me to see any downside for u.s. stocks…this is the. same kind of  hunch I. had 3 days ago when I bought some gold coverage…these are not high confidence trades…but often they are the best kind.

https://www.marketwatch.com/investing/index/gdow

P.S.—3:18—this story just was flaaged on FOX Biz News–if this doesn’t spike the mkt,  then I might have to pick up some qid before the close today–yes, the deal may not be finalised until. december but the fact that the news has “hit. the wires” with no real response. is not a good sign for the. bull case. Maybe it will. be talked up over the weekend…and stocks will open sunday. nite with a. surge…then at. the open monday, I’ll. sell.  the rally if it looks flaky…

Nancy Pelosi says a USMCA trade deal breakthrough could be ‘imminent’

PUBLISHED THU, NOV 14 201911:27 AM EST UPDATED AN HOUR AGO
KEY POINTS
  • House Speaker Nancy Pelosi suggests Democrats and the Trump administration are making progress on a final agreement on President Donald Trump’s North American trade deal replacement.
  • House Democrats have been negotiating with the Trump administration as they seek better enforcement mechanisms for labor and environmental standards.
  • The White House hopes to ratify the trade agreement by the end of the year

 

 

No Comments

No comments yet.

RSS feed for comments on this post.

Sorry, the comment form is closed at this time.

Go to Top

Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.