03/04/2020 Trading Futures Update - PMs-Up, S&P-Up Rebound, Crypto-Down

We open the futures trading this day.....where do we start. We have a scared FED being bullied by the overdosed fake stock market.....gimme, gimme moar sugar. The got their half point cut, and the market puked up 750 points on the DOW. So what does an interest rate cut do when no one wants to travel, a rate cut won't stop people from sitting at home, products from China have stopped, so Amazon has empty shelves. The FED has lost their respect......Puke

Precious metals , gold spiked $50, Silver 50 Cent. USD down, down, down......the 10 year at 1.01%, metals are ready to EXPLODE

S&P are attempting to rebound in lower volume trading, but will it hold as the traders loose confidence? Fair value at 5.17, a 5 point drop for the opening bid.

Crypto does not make cents, is it a safe haven, is it negatively correlated to stawks, what is it, BTC stuck under 9K. Steem up 2%, at #78, priced at $0.1856

Keep stacking. Go get you some.

Corona, more virus issues overseas vs China, so we see a large job, in Italy, and the USSA will start testing, so those number will increase daily, be careful out there.

Thanks for following @RollingThunder

Posted via Steemleo