Subdued Markets

Posted on Jun 8 2017 - 3:24pm by Sharpe Trade


It seems that the market still does not care about political turmoil, or anything else for that matter.  After Director Comey’s testimony?  The e-mini S&P 500 Futures for June is down exactly … -0.75 points.  In essence.  Flat.  The September Contract?  Down only -1.75 points.

So we remain long with our Q’s position.

We are still up, and up nicely.

And heck, we’ve even packed on a few dividends in that time … such as the dividends paid on our Wells Fargo (WFC) position.

But the Director Comey testimony?  At least up until this point, it seems the market is seeing it as a giant “nothing”

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