It was a seesaw battle, but one that was very telling. This was the first time in a while multiple buying efforts were thwarted, but buyers didn’t head for the exits.
China Inflation Eases
China inflation edged lower to 2.5% last month from 2.7%, but consensus was looking for it to edge higher to 2.8%.
It’s been a long time, but this news out of China has speculators trying to get in front of a possible better-than-expected CPI report next Tuesday.
Professional investors also thrilled retail sentiment continues to sink. Don’t let them push you out of the greatest money-making machine ever – because they only want to buy what you will help make cheap.
It is time to put more money to work in my opinion.
The game plan is the same- we may have to be nimbler than the usual because of the near-term unknowns form exogenous factors with the Fed being at the top of the list.
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This Sunday ithe anniversary of 9-11…Never Forget.
|I will never forget... that morning on 9/11 when I woke up and turned the TV just in time to see tower 2 collapse. I was down with the flu so I called in sick. I couldn't keep my eyes off the TV. I was getting sick to my stomach after that. Yep, I'll never forget what I saw and heard, and how I felt. NEVER FORGET!|
Richard Hidalgo on 9/9/2022 10:07:46 AM
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