Buy-The-Black-Monday-Echo-Dip – Stocks Dip & Rip After China Bubble Warnings

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— StockCats (@StockCats) October 19, 2017

NOTE: Before we start – something went very funky in the last couple of minutes of the market today – TRUMP SAID TO BE LEANING TOWARD POWELL FOR FED CHAIR: POLITICO – a Dovish pick…
For a brief moment there this morning, some reality poked its head out of the cave after PBOC’s Zhou raised fears of asset bubbles needing to be controlled, Hong Kong stocks crashed, Spain appeared to invoke Article 155, and AAPL slid on sales concerns… but that did not last long as commission-takers reminded the machines that 1987 can never happen again.. ever.. and that every dip is beholden to be bid…
Small Caps and Nasdaq remain red on the week as The Dow pushes on…

This post was published at Zero Hedge on Oct 19, 2017.

 

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