Archive for October 9th, 2017

Oct 9, 2017 China is Back from Holiday, Golden Week not so Golden yet China Gossip for Loans Spike Copper

October 9th, 2017

Well our Futures are Up .10% the second hour of the European Trade. China’s early number of property sales, retail and travel was below estimates. China Non Official Govt PMI Service and Comp came out and fell to 21 month low missing estimates. There is a rumor floating around that China Govt will allow more loans to be issued this Friday as a lead into the Chinese Congress starting Oct 18. Shanghai Futures had Copper up big. BTW, at a party I heard a conservation from a guy who has never bought stocks before but is taking out a loan to do so…that I think, is giving hope to this Bear.

Oct 2017