If you want to make macro bets, stick with the bond market…
Archives of “June 8, 2019” day
rssTrump says deal reached with Mexico – tariffs indefinitely suspended
Couple of tweets post-market close. The extra tariffs on Mexico are now not going ahead.
A ‘risk’ positive, and MXN positive.
US equity markets cap fine with with a strong finish
Closing changes for the main indexes:
- S&P 500 +29 to 2873 (+1.05%)
- DJIA +1.0%
- Nasdaq +1.7%
On the week:
- S&P 500 +4.4%
- DJIA +4.7%
- Nasdaq +3.9%
- Canada TSX Comp +1.2%
The 4.7% weekly rise in the Dow Jones Industrial Average was the largest since the last week of November. Any guesses on what happened last time?
Bitcoin back above the $8000 level as support at $7450 did a good job of basing the digital currency this week
Above 100 hour MA at $7880..
Back on Tuesday, I outlined the $7450 area as a support area.
Thought For A Day
