October 20th, 2023 I won’t be around for the open today, but here are my thoughts. Yesterday, the bears had multiple opportunities for a capitulation-type move into the close, but they just couldn’t get it done. It would’ve provided a clearer picture for today. The fact that we’re gradually moving lower in a controlled manner […]
IN THE OVERNIGHT 20 OCTOBER
Sea of RED TOP STORIES OVERNIGHT China Stocks Erase All Reopening Gains as Property Woes Persist-BBG Chinese stocks erased all the gains seen during their massive reopening rally that took off late last year, as persistent concerns about the health of the property sector help drive an unprecedented foreign outflow from the onshore market. The CSI 300 Index fell […]