The S&P Is Approaching A Bearish Milestone -- July 18, 2018 -- Nothing To Do With The Bakken

I'll be off the net for awhile. 

Disclaimer: this is not an investment site. 

If this is a bear market, I want more of it. LOL. BRK-B up over 5%; UNP over over 2%. Despite:

• oil plummeting
• Fed threats of faster rate increases
• chaos in Washington, DC
• Brexit
• Trump-Putin summit
• mainstream media telling us the world is coming to an end
• Soros

From an earlier post:

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Machts Nichts

Two days of testimony from "the Fed." The "beige book" is released.


And the market reaction? F.L.A.T.

Before the "beige book" was released, the Dow was up 70 points. After the "beige book" was released, the Dow was up 70 points.

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On The Other Hand

Iran. There are suggestions that sanctions on Iran are starting to be felt ... in Iran.

China. And there are more and more stories that China will come to the table sooner than later with regard to the trade war, T+48.