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CNN, 5pm Saturday update, Drones were launched from within Iran towards Israel
There is not much that trades over the weekend. VIX was to be trading 24/7 somewhere in the world, but it isn't there. Even gold trading takes a short break over the weekend.
But, cryptos trade all the time. So, looking at it over the last 12 hours,
Bitcoin initially fell 8%, but now down only 4.5%,
Digital-gold (Pax Gold) spiked to $3,098, but then has stabilized around $2,450.
The US futures markets and the Asian markets will open on Sunday evening. The European markets open on Sunday night.
The US market open on Monday should be interesting.
@yogibearbull Yes. We'll surely be taking a peek at futures after 8pm EST tonight and the Asia markets. FINVIZ offers a quick and dirty look for some items. As with viewing now (10am), and then peeking again this evening.
@yogibearbull “ Yes. We'll surely be taking a peek at futures after 8pm EST tonight and the Asia markets. FINVIZ offers a quick and dirty look for some items. As with viewing now (10am), and then peeking again this evening .”
The cross-currents on the investment front are profound. Guess Jamie Dimon has it about right when he sees rates somewhere between 2% and 8% at year-end. (Yogi’s earlier thread)
A few personal observations:
- Several “white-knuckle” foreign issues ongoing …
- Frayed domestic politics - seemingly heading for some sort of cataclysm in November …
- Some U.S. equity markets (especially tech) sizzling hot (up 30% + in a year) …
- Consumer staples & value stocks in a prolonged slump …
- Commodities and and gold surging …
- Inflation running hotter than the Fed or anyone else wants …
- A Fed Chair who appears very much disposed to lower rates while dissent among some of voting members appears to be surfacing …
Ya gotta know there will be retaliation. Good start to the day, and then.... into the toilet. Everything. Stinky poopy. There will be heightened volatility. The "experts' warned us of that, already.
Comments
But, cryptos trade all the time. So, looking at it over the last 12 hours,
Bitcoin initially fell 8%, but now down only 4.5%,
Digital-gold (Pax Gold) spiked to $3,098, but then has stabilized around $2,450.
The US futures markets and the Asian markets will open on Sunday evening. The European markets open on Sunday night.
The US market open on Monday should be interesting.
Yes. We'll surely be taking a peek at futures after 8pm EST tonight and the Asia markets.
FINVIZ offers a quick and dirty look for some items. As with viewing now (10am), and then peeking again this evening.
BBC showed Iranian commando boarding a cargo ship near Strait of Hormuz.
https://bbc.com/news/av/world-middle-east-68808419#
The cross-currents on the investment front are profound. Guess Jamie Dimon has it about right when he sees rates somewhere between 2% and 8% at year-end. (Yogi’s earlier thread)
A few personal observations:
- Several “white-knuckle” foreign issues ongoing …
- Frayed domestic politics - seemingly heading for some sort of cataclysm in November …
- Some U.S. equity markets (especially tech) sizzling hot (up 30% + in a year) …
- Consumer staples & value stocks in a prolonged slump …
- Commodities and and gold surging …
- Inflation running hotter than the Fed or anyone else wants …
- A Fed Chair who appears very much disposed to lower rates while dissent among some of voting members appears to be surfacing …
- Longest running inverted yield curve in memory (or ever?) …
- 7+% mortgages on new homes while those with older 3% mortgages are reluctant to sell …
All this … and as Yogi Berra might say - “You can make 5% without even trying!”
https://www.cnbc.com/pre-markets/
https://www.cmegroup.com/
Of course, if there was continued escalation or expansion, it'd probably be selling off for sure.....