iBankCoin
18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
23,428 Blog Posts

Futures Skyrocket on News that China is Coming to US to Negotiate Out of Trade War

Who’s tired of winning, folks?

Late Night Bonus: China Has Never Been More Oversold

The price action for Chinese stocks has been abysmal in recent weeks. I keep them all quarantined in one place in Exodus and I measure the elasticity of the group. As you can see from the chart above, which is our Hybrid score — the predictive element of Exodus — the group has NEVER been more oversold. This dates back to 2008.

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16 comments

  1. dchanko

    Yuan has been weakened by about 10% in 3 months and capital outflow controls tightened
    Real tell will be if China relax’s the controls and if Yuan strengthens

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  2. ironbird

    Yeah this evil Orange Demon was going to take away your bullshit jobs and Mc Mansions. Fucking Urbanites are children. No better than a princess trying to milk a cow. Good luck.

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  3. ferd

    I guess markets think that our negotiator will come off well against their negotiator Wang Shoewen (sic).

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  4. teslawasright

    Does Le Fly have any opinion on Q (Qanon.pub)?

    False hope, kind of the Ron Paul on the world stage.

    It seems maybe Trump is here to usher in the United Steaks Corporation bankruptcy?

    No? The Fuck?

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