Anonymous ID: e28b52 Jan. 9, 2019, 5:32 a.m. No.4679135   ๐Ÿ—„๏ธ.is ๐Ÿ”—kun   >>9476 >>9810 >>9837

repost from end of lb..early here too!

 

Beijing Trade Talks Conclude: China, US To Release "Message" Thursday

 

After the 'mid-level' talks between US and Chinese delegations in Beijing were extended for a third day on Wednesday, the negotiations have reportedly wrapped up, with both sides touting that they are "serious" about coming to an agreement, and that significant progress has been made, according to CNBC.

 

With the US delegation on its way back to Washington, China's Foreign Ministry hinted that the talks had been a success and said it would soon release a statement on the outcome.

 

The Editor-in-Chief of China's Global Times said that "though arduous" the trade talks were productive and that both sides were waiting for the US delegation to arrive back in Washington before delivering official statements on the outlook for a deal.

 

China-US trade talks have ended. Based on what I know, the situation is quite positive. The two sides are still in consultation on the wording of the message, so the two versions can be coordinated.

โ€” Hu Xijin ่ƒก้”ก่ฟ› (@HuXijin_GT) January 9, 2019

 

From what I know, the trade talks, though arduous, were conducted in a pleasant and candid atmosphere. Neither side has made the briefing, because the US delegation is on the plane now. The two sides will release message at the same time on Thursday morning Beijing time.

โ€” Hu Xijin ่ƒก้”ก่ฟ› (@HuXijin_GT) January 9, 2019

 

Meanwhile, US Under Secretary of Agriculture for Trade and Foreign Agricultural Affairs Ted McKinney told a group of reporter's at the delegation's hotel that he thought negotiations "went just fine."

 

"It's been a good one for us," he said.

 

US markets climbed on Tuesday even as traders priced in a slightly more hawkish Fed as many apparently bought in to the narrative that both sides are doing everything in their power to come to an agreement (with equities moving higher after Bloomberg reported that Trump is desperate for a deal because he hopes it might send stocks back toward ATHs).

 

Though there were some reports that the two sides were further apart than some of the headlines let on.

 

However, people familiar with the talks told Reuters on Tuesday that the two sides were further apart on Chinese structural reforms that the Trump administration is demanding in order to stop alleged theft and forced transfer of U.S. technology, and on how Beijing will be held to its promises.

 

In another sign of confidence, China has approved another large order of US soybeans while also approving five GMO crops for import - its latest effort to boost imports from the US in accordance with one of Trump's key demands.

 

In what is widely seen as a goodwill gesture, China on Tuesday issued long-awaited approvals for the import of five genetically modified crops, which could boost its purchases of U.S. grains as farmers decide which crops to plant in the spring.

 

On Monday, Chinese importers made another large purchase of U.S. soybeans, their third in the past month.

 

Trump and other White House officials have insisted that the US has leverage because of China's rapidly cooling economic growth and the fact that its market dropped 25% last year (though Chinese stocks have slightly outperformed the US since the US imposed its first round of China-specific tariffs in July) . However, China has insisted that the trade strife harms both countries equally, and that it would not yield to any "unreasonable concessions."

 

China is keen to put an end to its trade dispute with the United States but will not make any "unreasonable concessions" and any agreement must involve compromise on both sides, state newspaper the China Daily said on Wednesday.

 

The paper said in an editorial that Beijing's stance remains firm that the dispute harms both countries and disrupts the international trade order and supply chains.

 

Setting the meeting off to an auspicious start, Liu He, China's top economic official, dropped in and greeted the US trade delegation - led by Deputy U.S. Trade Representative Jeffrey Gerrish - on Monday. We now await confirmation that Liu and a delegation of more-senior officials will travel to Washington next week for the next round of talks.

 

The US and China have agreed to a "hard" deadline for an agreement of March 2.

 

https://www.zerohedge.com/news/2019-01-09/beijing-trade-talks-wrap-hopes-deal-intensify

Anonymous ID: e28b52 Jan. 9, 2019, 5:40 a.m. No.4679193   ๐Ÿ—„๏ธ.is ๐Ÿ”—kun   >>9476 >>9810 >>9837

Opening gap up in our markets

Europe up average of about 1% for the three majors

Oil continues it's climb from last night. Recognizing patterns ala the cup and handle mentioned yesterday do play out. *

 

  • that pattern also works on the down side as well. Called a reverse cup and handle. Simply flip it over and the direction point down. Same type of trading pattern but to the downside.

 

cue the attacks on this in 5,4,3โ€ฆ..

Anonymous ID: e28b52 Jan. 9, 2019, 5:58 a.m. No.4679313   ๐Ÿ—„๏ธ.is ๐Ÿ”—kun

https://www.insider-monitor.com/top10_insider_sales_week.html

 

These are all planned sales. Most of them are stock options that they 'pay' very little for. It's usually just taken out of the sale so it never really costs them anything.

 

When CFO's or finance people inside company's sell it's not a good sign imo. They do have pre-planned sales through the compensation programs but these are just a money printing machine for them imo

some highlights :

 

Pic 1 CRM, Benioff is the poster boy for insider sales. It used to be 10k a week without fail.

 

Pic 2 ADP-this is where we get the payroll numbers on thursday's

 

Pic 3 CME group of COMEX CFO dumpimg

 

Pic 4 naughty jack and finance person

Anonymous ID: e28b52 Jan. 9, 2019, 6:11 a.m. No.4679405   ๐Ÿ—„๏ธ.is ๐Ÿ”—kun

Stable when equity's up and down.

Contrary to the shill attacks yesterday these are the only two things I have ever said to buy.

EVER.

Go back to september to look for yourself.

Made it quite clear then and MANY times since.

Anonymous ID: e28b52 Jan. 9, 2019, 6:33 a.m. No.4679574   ๐Ÿ—„๏ธ.is ๐Ÿ”—kun

Opening prints

 

Dow Jones Industrial Average (^DJI)

DJI - DJI Real Time Price. Currency in USD

 

23,889.10+101.65 (+0.43%)

 

NASDAQ Composite (^IXIC)

Nasdaq GIDS - Nasdaq GIDS Delayed Price.

 

6,914.83+17.83 (+0.26%)

 

S&P 500 (^GSPC)

SNP - SNP Real Time Price. Currency in USD

 

2,580.93+6.52 (+0.25%)

 

RUS2K is behind as it is a reflection of CME options.

Anonymous ID: e28b52 Jan. 9, 2019, 6:42 a.m. No.4679656   ๐Ÿ—„๏ธ.is ๐Ÿ”—kun

>>4679453

no they do not. Will just force moar to put homes on market and flood it with inventory. Nevermind that the housing market here is running out of qualifying buyers. Back to fog a mirror time for loansโ€ฆalready there imo.

Anonymous ID: e28b52 Jan. 9, 2019, 6:52 a.m. No.4679747   ๐Ÿ—„๏ธ.is ๐Ÿ”—kun

Markets are a carbon copy of last few days. Opening gap up with declining volume to start.

Most likely drift down and then buys or volume come in to push it upwards.

When it starts to roll off a peak that is when the vols come in to support it. Selling then occurs as it is propped and drifts sideways.

chart later on