The SPY gap will be closed, short covering should do it with a discount cut of 75 not sure whether 50 is already built in.
To me one thing in particular is extremely disquieting, the price of a major benefactor of low basic materials: DuPont or DD. This stock is trading at 13-14 year lows and the dividend is approaching 6%.
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Nice but a bit too many charts for me to stew on.
Oct 28 09:20 am
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All Comments by NOWHEREMAN »Tuesday Outlook: Commodities, Emerging Markets [View article]
The SPY gap will be closed, short covering should do it with a discount cut of 75 not sure whether 50 is already built in.
To me one thing in particular is extremely disquieting, the price of a major benefactor of low basic materials:
DuPont or DD. This stock is trading at 13-14 year lows and the dividend is approaching 6%.