News 

With a changed lineup, the Bulls looked the best they have all preseason

“The changes seemed to work as the Bulls churned out a much better performance in a 104-89 win over the Indiana Pacers” writes Oct Cdt for blogabull.com. Like WCJ, him having a better performance in the next game against the Nuggets could go a long way.After back to back losses in the preseason, including an abysmal performance against Milwaukee, Fred Hoiberg decided to shake things up. Source: blogabull.com Share This:

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Markets News Stocks 

Why the stock-market selloff could be an opening for bulls, in one chart

“Adams looked at the equity put/call ratio, a measure of how options investors are positioning in the stock market” writes Markets Reporter for marketwatch.com. The S&P 500 SPX, -1.32%  is on track to close below its 50-day moving average; that would be the first time the benchmark index has done so since July. Don’t miss: As stocks sell off, analysts debate whether the recent record was a market top. The U.S. stock market has been struggling of late, with the S&P 500 index on track for its longest losing streak…

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Crypto News 

Bitcoin prices mildly higher as blockchain bulls tout volatility lull

“Bitcoin prices are trading marginally higher Monday as investors look for a catalyst to break prices out of their lull” writes Aaron Hankin for marketwatch.com. Read: Investors think cryptocurrency prices would rise in a recession, Fundstrat survey finds Altcoins, or coins other than bitcoin, are moving higher with bitcoin Monday.In early Monday trading a single bitcoin BTCUSD, +1.42%  was changing hands at $6,604.87 up 0.9% since Sunday at 5 p.m.So, we really are in a positive place for bitcoin right now,” wrote Mati Greenspan, senior market analyst at eToro. Source: marketwatch.com…

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News Regulators 

Yields extend march higher ahead of jobs report amid brutal week for bond bulls

“Yields began to run higher earlier in the week after better than expected economic data on Wednesday sent investors fleeing from U.S. government paper” writes Sunny Oh for marketwatch.com. The 30-year bond yield TMUBMUSD30Y, +0.53% rose 0.9 basis point to 3.363%, but remained below its intraday four-year high of 3.391%, while the 2-year note yield TMUBMUSD02Y, +0.87%  rose 0.5 basis point to 2.885%.The official jobs report will keep traders mindful of further data on the health of the labor market as questions remain whether nascent wage gains will eventually push…

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Markets News Oil 

Why $100 oil may be bad news for the bulls: analyst

“Keep quiet and stop tweeting Amid the fresh enthusiasm, some have even been talking about a return to $100-a-barrel oil” writes Markets Reporter for marketwatch.com. Investors are watching the trade situation, a two-day Fed meeting that starts Tuesday, rising bond yields and now, climbing oil prices.Here’s a chart from Saxo Bank’s Ole Hansen showing that net long positions on oil have just reached a 10-week high. Source: marketwatch.com Share This:

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News 

Dollar bulls are starting to show signs of exhaustion

“Similar to the EUR/USD post, the big question today is are we starting to see a turning point for the dollar?” reports forexlive.com. Granted EUR/USD is very much a mirror of the dollar index, but still.A daily break below the 100-day MA (red below) would represent the first since April and end the bullish bias in the dollar index seen over the last five months or so.Either way, technically a break below the 100-day MA is not a good sign for dollar bulls and that will also allow bears who…

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News 

Trump reportedly exploded at his ex-lawyer after he heard Mueller was looking into his relationship with Deutsche Bank: ‘This is bulls—!’

“I know my relationships with Deutsche Bank,” Trump told Dowd, with Woodward writing that the president said the bank loved him and was always paid for its loans” reports businessinsider.com. It was in the same story that The Times reported that the bank was in contact with federal investigators related to the special counsel’s probe. Source: businessinsider.com Share This:

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Markets News 

Case for dollar bulls intact ahead of central bank meetings

“Interest rates meanwhile are not expected to rise until summer of next year at the earliest, as per previous central bank comments” writes Anneken Tappe for marketwatch.com. In August, the central bank voted unanimously to raise rates, which surprised market participants who expected at least a couple of dissenters.Despite a muted start to the month, the bull case for the U.S. dollar remains intact as the Federal Reserve is seen blazing ahead in raising interest rates, leaving other central banks behind.Also check out: How China, trade and domestic worries are…

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