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US debt limit increase

roll of american dollar banknotes tightened with band
Last night Reuters had another update on the TOPIC. I want to stress its relevance because the market had to change its tone from being quite pessimistic to overly optimistic pushing the Nasdaq and SP500 much higher than what my models were anticipating. Stocks prices are moving on certain news and the article below talks
newly graduated people wearing black academy gowns throwing hats up in the air
Dear Applicants,We are happy to announce that we concluded the evaluation process and we have selected the 3 Scholarship winners. Winners will receive another email with details.Regards, Mario // Queridos solicitantes,Nos complace anunciar que concluimos el proceso de evaluación y hemos seleccionado a los 3 ganadores de las Becas.Los ganadores recibirán otro correo electrónico con detalles. Saludos, Mario

SPX 5 days recap

The USD moved about 2% higher while US Key indexes were also moving up. I was expecting larger drops on key Index components and that was not the case. As of now, closing the longs that I mentioned in the last post did not help the overall performance. Note that the systems did not add

3rd day. The SPX pause

SPX Chart
Some of my systems are closing longs and went to cash yesterday. Now are looking for short opportunities or to go back long US indexes.
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