Is “Sell The Rip” The New Strategy For The S&P?
Dana Lyons joins me to share why he is selling into the pop in the S&P. The strategy of sell the rip for risk on assets and buy the dip in safe asset has been working for Dana and his clients. We also discuss the potential length of the reversal that started yesterday.
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Humm is this normal…………
https://www.zerohedge.com/news/2019-09-06/gold-japan-reaches-highest-1980-surging-demand-results-delays-buy-gold
◆ Gold has reached its highest price in Japanese yen since 1980 at 165,045/oz (see charts below) as the yen depreciates amid “global economy jitters”
◆ A surge in demand in Japan is resulting in gold buyers needing to wait “2-3 hours to close deals” on gold bars according to Japan’s largest gold broker Tanaka Kikinzoku
Grayscale Makes a “Brilliant Move,” Now Allows to Use Tokens
The new “in-kind creation works just like using cash to invest in the trust at NAV Bitcoin Bull, Tom Lee says it’s a positive for price dynamics
BAKKT Today our Warehouse opens for customer bitcoin deposits and withdrawals as we prepare for the Bakkt Bitcoin Daily & Monthly Futures, launching September 23
The availability of physical delivery brings more flexibility in managing bitcoin exposure
New Head of China’s Digital Currency Says It Beats Facebook Libra on Tech Features
The Chinese central bank has a new digital currency chief who says its upcoming digital yuan has features not offered by Facebook Libra.
https://www.zerohedge.com/news/2019-09-06/these-are-not-signs-healthy-market
Just more info……..