We are not on the absurd point of watching each and every news headline out of Ukraine and reacting to them with fierce pops and drops, making it almost impossible to trade. Check out these dueling headlines.
PUTIN: CERTAIN POSITIVE SHIFTS IN TALKS WITH UKRAINE: IFX
UKRAINE PRESIDENT SAYS RUSSIA IS DEPLOYING SYRIAN MERCENARIES
Talks are going well — but in the meanwhile Putin is delaying 16,000 Syrians into Ukraine in order to help Donbass.
The DAX is higher by 3.4% and oil is about flat, with large selling in gold — down 1.7%. The highlight for me is the US 10yr now above 2%. Nevertheless, markets want to rally and have been bogged for months, so we are +150 on the NASDAQ
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The peace talks are going very well for Putin.
They are drawing eyes north to Kiev and that fake theatre in the war while his commando’s finish mopping up Mariupol in the south.
Trading sucks when the market has no direction!