Smells like a Dead Cat bounce

It started really strong this morning, but weakening now. Looks like a dead cat bounce to me.


bounce triggered by China’s rate cuts. I believe there were 4 cuts in this year, and it’s not been working out at all. So dead cat bounce is my take too.

Except that the futures were way up before China’s announcement.


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Yep, the cat died again.

Don’t be discouraged, remember cats have nine lives

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