Loading ...VIX up 26% at 4:30 but no other big moves?
https://finance.yahoo.com/news/first-majestic-produces-6-6-200500043.html
Well did today suck or what!
Frustrating no?
Yup the boys got an SPX print of 3300 in mind with gold at $1400 to match.
The SPX flag measures to about 3250 so this is definitely possible – specially with the idiot fund specs yet to puke up their Comex gold positions.
No guarantees, but it’s looking more probable every day.
Cheers
It appears the machines know something the rest of the world doesn’t about how the non-deal announced on Friday, is a deal…
Nasdaq and Dow Industrials have ramped (the latter on various earnings pops), erasing the post-deal losses…
Is this really just because tariffs did not hit today?
Wesdome Announces 2019 Third Quarter Production of 28,910 Ounces of Gold Produced and Raises Production Guidance
https://finance.yahoo.com/news/wesdome-announces-2019-third-quarter-110000446.html
https://www.zerohedge.com/markets/dow-nasdaq-erase-trade-deal-sell-news-losses-gold-slammed
A no news move….aka… the Rig at work.
Great Panther Provides Update on Tucano Gold Mine and Guidance
https://finance.yahoo.com/news/great-panther-provides-tucano-gold-103000732.html
Pentagon Confirms Manbij Handed Over To Russia As US Forces Filmed Departing
Beijing Wants Tariffs Removed Before Committing To $50BN In Agri Purchases
Yesterday, we learned that our suspicions were correct, and that the US-China “Phase One” deal purportedly hashed out between the two sides last week appears to be more of the same disingenuous stalling, and that, fundamentally, the situation hasn’t really changed.
And on Tuesday, with the US back from the long holiday weekend, Chinese officials have essentially confirmed that they are back to their old tricks, and that the progress on the ‘Phase One’ deal that was touted last week is a sham. Beijing can make good on the $50 billion of annual agricultural goods purchases that it has promised – but only if Washington agrees to remove all of the trade war tariffs.
Re GS misses…so now we can add, that Snowflake Banksters can’t even front run !!!!!!!
No news I can see. Geez, are these guys going bankrupt too?
It never ends with these stocks.
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Goldman Sachs misses earnings for the first time in history.
Not sure why rates are down. Gold should be up, but I digress…
SM is up so no worries.