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
19,909 Blog Posts

Algos Reverse Course and RAPE Longs After Another China ‘Snag’ Hits the Wires

At this point you should assume they’re doing it on purpose to fuck with you — sort of like Armistice Day.

THE US AND CHINA ARE STRUGGLING TO COMPLETE A “PHASE ONE” DEAL TO HALT THEIR TRADE WAR, WITH SENIOR OFFICIALS IN WASHINGTON AND BEIJING STILL JOSTLING OVER INTELLECTUAL PROPERTY PROVISIONS, AGRICULTURAL PURCHASES AND TARIFF ROLLBACKS AFTER WEEKS OF NEGOTIATIONS

Business as usual. Don’t trade the headlines.

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