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
19,441 Blog Posts

Futures Sell Off On Trump Victory Over Mueller

A SELL THE NEWS EVENT!

Nasdaq futures are lower by 35. The bond market is rallying again, with the 10yr down another 2bps to 2.436%. And gold is being bid higher, by 0.11%.

What does it all mean?

Absolutely nothing at all.

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3 comments

  1. jonnybegood2

    china manufacturing, inverted yield curve, recession fears. don’t think many care too much about trump, although we’d be down further on stronger news . if we open significantly lower in the a.m., i will start buying. less if WTI goes down significantly lower. But I like DAL if oil goes down further. I also would not be surprised if we see futures move back up a bit in the morning.

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  2. edge

    I’m trying hard to be fair about this Mueller thing.
    So far:
    It has been proven that Trump hangs with sleazy people. Which makes him a sleaze. Isn’t that enough? If not, then we are or are quickly becoming a sleazy country.

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    • tha pirate

      You mean theres a politician… who hung out with sleazy people?!? Wow, god thing we spent years of time, focused only on this while ignoring other things and spent millions of dollars on finding this out!

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