The King Report October 4, 2019 Issue 6016
ESZs did their usual overnight (US time) rally. Once again, they declined during late Asian trading; rallied into the European open but tumbled after the first 90 minutes of European trading. Naturally, the pre-NYSE rally appeared – and traders bought the NYSE open.
ESZs and stocks tumbled at 10:00 ET because the ISM Non-Manufacturing Index dropped to a three-year low of 52.6 for September. The index was a healthy 56.4 in August. 55 for September was consensus. Employment fell to 50.4 from 53.1.
RV Capital 1H22 Letter to Co-Investors in Business Owner
RV Capital Co-Investor Letter for the first half ended June 2022. Q2 2022 hedge fund letters, conferences and more Dear Co-Investors,