...meanwhile markets can't seem to get a bid, possibly in part as a reaction to Trump's attacks on Powell. How are the individual investors who bought the dip a couple of weeks ago react to this weakness? - ThreadSky

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msinai123.bsky.social • 13 days ago

...meanwhile markets can't seem to get a bid, possibly in part as a reaction to Trump's attacks on Powell.

How are the individual investors who bought the dip a couple of weeks ago react to this weakness?

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msinai123.bsky.social•13 days ago

USD lost 10% since the beginning of the year. 10 year Bonds follow and Gold continues its massive move...

It's fair to say markets are not impressed with Trumpnomics

msinai123.bsky.social•13 days ago

Gold stocks are lagging gold, in part because today is a risk off day and goldstocks are high beta, considered risky investments...but it often means the end of an up move in gold.
I have no idea who is buying this leg up in gold, is it Central banks diversifying away from US treasuries?

msinai123.bsky.social•13 days ago

Is it institutional smart buying or robinhood dumb individuals chasing the fomo du jour? If the latter, brace for a blow off top perhaps coinciding with a washout in SPX... interesting times we live in!

msinai123.bsky.social•13 days ago

A change in appraisal from "weakness = buying opportunity" to "can't stomach another down leg" sets up for a possible washout maybe down to SPX 4500sh

Contrarians would back up the truck at those levels

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