Week In Review – October 19
Summary
- Spain sovereign spread starting to widen as small to medium Spanish banks hammered over mortgage tax
- Brazilian assets continue to perform as the election of Jair Bolsonaro is a done deal, slated for next weekend
- Mexican peso weaker. Reports AMLO to scrap NAFTA 2.0 negotiating team could be causing uncertainty
- S&P500 closed right at its 200-day moving average and couldn’t hold a bid last week
- Crude down 3 percent
Commentary: Sloppy trading until the U.S. midterm. Earnings galore this week. Could see some buying, but earnings growth to reset next year as effect of tax cut will end. The October algo — selling ‘bots and traders come in, probe market for bid, if no sellers, cover, repeat — still the program.
S&P: 2736 and 2710 support, and 2816 resistance
Heavy turnout: our political earthquake may be playing out
China In Current Account Deficit – Less Foreign Savings For Global Market
Annus horribilis for country ETFs
Baseball Royalty Prepares For Fall Classic. Can You Name Them?
Source: https://macromon.wordpress.com/2018/10/21/week-in-review-october-19/
Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.
"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.
Please Help Support BeforeitsNews by trying our Natural Health Products below!
Order by Phone at 888-809-8385 or online at https://mitocopper.com M - F 9am to 5pm EST
Order by Phone at 866-388-7003 or online at https://www.herbanomic.com M - F 9am to 5pm EST
Order by Phone at 866-388-7003 or online at https://www.herbanomics.com M - F 9am to 5pm EST
Humic & Fulvic Trace Minerals Complex - Nature's most important supplement! Vivid Dreams again!
HNEX HydroNano EXtracellular Water - Improve immune system health and reduce inflammation.
Ultimate Clinical Potency Curcumin - Natural pain relief, reduce inflammation and so much more.
MitoCopper - Bioavailable Copper destroys pathogens and gives you more energy. (See Blood Video)
Oxy Powder - Natural Colon Cleanser! Cleans out toxic buildup with oxygen!
Nascent Iodine - Promotes detoxification, mental focus and thyroid health.
Smart Meter Cover - Reduces Smart Meter radiation by 96%! (See Video).