As I prepare the board for the long leg of my journey, San Francisco to Taipei, I thought I’d updated a couple of overnight markets from my brief Phuket post before. The ES opened slightly higher, but it spent hours grinding down. It was getting a little interesting there for a bit, but as I’m typing this, for whatever reason, it has shaved those losses. It’s down just a few points.
Liquidity moves markets!Follow the money. Find the profits!
Conversely, gold, which had started off weak, has gotten its feet beneath its legs, and it has enjoyed a steady climb. Could the long-suffering gold bugs finally be in for a new bull market?
I’m going to sign off for now as I begin this aerial endurance contest.
Wall Street Examiner Disclosure:Lee Adler, The Wall Street Examiner reposts third party content with the permission of the publisher. I curate posts here on the basis of whether they represent an interesting and logical point of view, that may or may not agree with my own views. Some of the content includes the original publisher's promotional messages. I may receive promotional consideration on a contingent basis, when paid subscriptions result. The opinions expressed in these reposts are not those of the Wall Street Examiner or Lee Adler, unless authored by me, under my byline. No endorsement of third party content is either expressed or implied by posting the content. Do your own due diligence when considering the offerings of information providers.