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1.30.2018 - Insider Bookmark

1.30.2018

Morning all, welcome to the madness. 

Okay, so the first thing that happened was that yesterday the market started getting a little fidgety over interest rates. The ten year had already broken over 2.7%, and we have Janet Yellen coming out on Wednesday to talk about interest rates. With the market at nosebleed levels and the supposed growth we're getting, some in market land got a little spooked and locked up some profits. The feeling was "What if Yellen ends her term being a hawk and wants even more rate hikes??"  It spooked them. 

Insiders club - 1.15.2015 Bookmark

1.15.2015

We might need to tighten the seatbelts today.....

Last night the futures continued higher and higher. It looked like the "double bottom" I mentioned in the Newsletter last night was holding and the traders were willing to put in a snapback form of a rally. But then something happened....

The Swiss National bank decided out of the clear blue that they would 1) cut interest rates to NEGATIVE 0.75% and 2) they would remove the ceiling caps on their currency in regard to its relation to the Euro. 

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