July 14, 2020
AliExpress WW
Dow Dumps To 'Navarro'-Lows On Texas And California COVID Count Concerns

Dow Dumps To ‘Navarro’-Lows On Texas And California COVID Count Concerns

AliExpress WW

Reports yet California’s next record growth in cases of COVID-19 caused something unusual in today’s market – sale!

AliExpress WW
  • The number of cases of COVID-19 in California increased by 3.9% or by +7 149 to 190 222 (compared with + 5 019)

In addition, Texas reported an increase in hospital admissions of Covid-19 by 7.3% to 4,389 from 4,092 yesterday.

Futures on the Nasdaq were ubiquitously growing at the box office opening and turned green for a while before selling pressure resumed …

Dow failed on his 50DMA again …

Futures on the Dow returned to the lows of Navarro.

AAPL doesn’t help – although a sudden opening panic pushed Nasdaq green for a short time …

Bond yields are also falling …

Is this step in stocks just another buy opportunity for RHers? Or is it a return to reality?

Source

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