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Monday, June 17, 2024

Comment by Phil

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  1. Phil

    Good morning!

    Karen/Diamond – I think that's kind of an unfair thing to bring out about a person.  Is Rick so squeaky-clean that they have to dredge up his wife's old boyfriends?  This is the kind of crap that keeps good people out of politics – who wants this kind of scrutiny?

    The Hang Seng followed the Shanghai up 3.24% and the Shanghai popped to 4.18% at the close.  The Nikkei stated up 1.05% as the Dollar got weaker (now 81.16) and the BSE also gained 1.7% so everything is great in Asia.  Europe is in a pretty good mood with the FTSE up 1%, DAX up 1.6%, CAC up 1.4% and the Euro is at 1.2779, Pound $1.538 and 76.77 Yen to the Dollar.

    It's the same old first day of the week pre-market BS but we're in good technical territory so hard to bet against.  S&P 1,300 in Futuers (/ES) is a line we can short off and oil just touched $102 (/CL) and the Dow (/YM) tested 12,500 so a good line there to short off and the RUT just failed 775 to confirm. Of course all those lines can be played bullish if we pop over as well so let's watch that 81.15 line on the Dollar but I'm still leaning short until we break those lines again.  



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