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Don’t fight the trend especially in the face of an easy Fed

Cory
July 10, 2019

Joel Elconin, Co-Host of the Benzinga Pre-Market Prep Show joins me to first recap the moves in the markets when Powell’s prepared statement was released and the follow through on trading. Overall with all the noise day to day and week to week regarding the Fed and trade it is most important to note the established trends, which continue to be higher for US markets.

Click here to visit the website for the Benzinga Pre-Market Prep show.

Discussion
7 Comments
    cfs
    Jul 10, 2019 10:25 PM

    Listening to congress critters and Powell today, I wonder how some people manage to get elected.
    David Albert Scott is the U.S. Representative for GA’s 13, serving since 2003. The district includes the southern fourth of Atlanta, as well as several of its suburbs to the south and west. He is a member of the Democratic Party.

    IS A MORON, who apparently does not know the difference between the LIBOR rate and a sign of the Zodiac, Libra.

    Jul 10, 2019 10:52 PM

    Dang we agree……… lol
    On July 10, 2019 at 1:30 pm,
    OOTB Jerry says:
    MORONS……….Libra, Libor…..what a hoot……
    https://www.zerohedge.com/news/2019-07-10/wharton-grad-confuses-libor-and-libra-during-powell-hearing-hilarity-ensues
    Try about 56 Min. Mark……..for a funny of the day….

    Reply to this comment
    On July 10, 2019 at 1:31 pm,
    OOTB Jerry says:
    Maxie Waters, and these people do not have a CLUE….

      cfs
      Jul 10, 2019 10:01 PM

      WARNING: RACIST REMARK.

      And we wonder why the IQ curves for African Americans are shifted to lower IQs, when we supposedly have to treate all folks equally.

      I give all folks equal respect, but an idiot is an idiot, regardless of race, and should be called an idiot when the displayed IQ so indicates.

        Jul 10, 2019 10:20 PM

        Really not a racist remark……..as we know white men can not jump…..

    cfs
    Jul 10, 2019 10:54 PM

    Good Dan Bongino today……Really shows deep state scum.

    https://www.youtube.com/watch?v=J1TnzQsE6vQ

      Jul 10, 2019 10:04 PM

      No matter what happens going forward, may God bless the brotherhood of Kitco. (Don’t see too many women round here).

    cfs
    Jul 10, 2019 10:18 PM

    As far as I know Libra is not yet an alternative currency.

    It will not be a cryptocurrency, but an alternative fiat currency, because as far as I understand, it will be tied to the U.S. dollar, not decentralized based on cryptographics.

    https://www.cnet.com/news/facebook-libra-cryptocurrency-project-isnt-only-about-the-social-network/