starting this post before close, i'll just make it a dingpost, and there's a little bit more trade left and it looks like we'll close higher but the trajectory was down today and europe closed at s&p 5380 which was the lows of the day. what that tells me is that there are short sellers that think we're going to trade lower than that in the first 3 hours tomorrow. with luck, futures will bring us down there in the overnight, the market will refuse to go down, and tomorrow we can have a short cover rally and the bulls buy it up to where they think it should be. not sure if we got semiconductor tariff clarification today, if we did i missed it, but that could turn into a disaster zone real fast. would say biotech is the place to be but they're slated for special tariffs too. new closing and intraday high for gold miners on the year as well, that was one of the only sectors to trade up this morning while the market was dumping too. as it is though i have a bearish bias going into tomorrow and i'm going to try and stay convicted, find some courage, and trade it.
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