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06/12/24 9:52 PM

#1613 RE: nowwhat2 #1612

An old wives tail. If the first trading day after the 4th of July, is green it is said to be a bullish second half of the year, if red bearish the rest of the year.

Interest rates in Europe came down.

BY DAVID MCHUGH
Updated 4:36 PM CDT, June 6, 2024
https://apnews.com/article/european-central-bank-interest-rates-cut-087f5a0eb5caf841266afb16c65e520b#:~:text=The%20ECB%20cut%20its%20benchmark,bank%20to%20start%20lowering%20rates.

The ECB cut its benchmark rate to 3.75% from a record high of 4% at a meeting of the bank’s 26-member rate-setting council in Frankfurt.

Speaking afterward at a news conference, ECB President Christine Lagarde said inflation had eased enough for the central bank to start lowering rates.



And Canada.
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TradingCharts

06/13/24 5:01 PM

#1615 RE: nowwhat2 #1612