Globex SELL - 143.55 x 2K - 1st Position
SEC warns on China's Listings transparency.
China remains the 800lb Gorilla in the room.
The rising wedge broke, only to be retested with
the required new ATH.
Big tech with the exception of FB/GOOG will be
lowering guidance, reducing EPS to compound prior
Q2 negative guidance.
AMZN YOY Warning stuck, AMZN has had difficulty
moving higher - ie. dead $.
Big Data will excel while Semiconductors come under
further Duress (SOXS SELL 40K)
Our Sell Position is to 4K shares, the target below
remains a break of the prior lows.
Geopolitical Risks remain high within the SCS/Taiwan
areana.
Interest Rate pressure will continue to build as the Yield
Curve's 10 - 30 spread is setting up to decline in Price as
Yields move higher into Fall.
FX is projecting a Higher DX, consolidating as Consumers
continue to increasingly Hoard Dollars.
SEC warns on China's Listings transparency.
China remains the 800lb Gorilla in the room.
The rising wedge broke, only to be retested with
the required new ATH.
Big tech with the exception of FB/GOOG will be
lowering guidance, reducing EPS to compound prior
Q2 negative guidance.
AMZN YOY Warning stuck, AMZN has had difficulty
moving higher - ie. dead $.
Big Data will excel while Semiconductors come under
further Duress (SOXS SELL 40K)
Our Sell Position is to 4K shares, the target below
remains a break of the prior lows.
Geopolitical Risks remain high within the SCS/Taiwan
areana.
Interest Rate pressure will continue to build as the Yield
Curve's 10 - 30 spread is setting up to decline in Price as
Yields move higher into Fall.
FX is projecting a Higher DX, consolidating as Consumers
continue to increasingly Hoard Dollars.