sp'daily5
VIX'daily3
Summary
US equities opened broadly higher, inspired by significant gains in European markets, but also good earnings from Target and Lowes.
Meanwhile...
Once again, the US President cites a guy whose 'best stock for 2008' was Washington Mutual.
Trump continued...
So, does Powell play golf, is that the important question we should be asking?
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The afternoon saw the press release of the July FOMC minutes from Print Central, with equities seeing minor chop into the close.
Volatility was ground lower, with the VIX settling -9.7% at 15.80. S/t outlook favours another swing lower to price gap of 2864/47, and that should equate to VIX 20/21s.
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Extra charts in AH (usually around 7pm EDT) @ https://twitter.com/permabear_uk
Goodnight from London
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