Morning Notes – Tuesday July 9, 2019

Directional Bias For The Day: S&P Futures are lower; moving sideways since 11:30 PM on Monday The odds are for a sideways to down day – watch for break above 2979.75 and break below 2963.50 for clarity Key economic data due: JOLTS Jobs Openings (est. 7.51M; prev. 7.45M) at 10:00 AM IBD/TIPP Economic Optimism (…

The Poppy War

In the early 21st century many Western countries are talking and negotiating with China for new or improved trade deals. U.S. and China are going at each other for the better part of last two years armed with weaponized tariffs and rare earth mining. Canada is exploring a free trade agreement with China. The hopes…