Here we are again. A selloff based on China and Deere (DE) .
Both are surprisingly predictable. That's right, surprising that anyone is surprised by these.
What did people expect from the Chinese stock market? President Trump's moves are designed to crack everything in China including the stock market. I mean this guy is a one man wrecking crew for what China wants to have happen with its "planned rally."
As far as Deere is concerned, I have to wonder how in heck anyone can be surprised by something that was so widely telegraphed by weakness in every single end market.
If these are going to define the day then we really are in silly land. But the breather in the market continues and we have to wonder how low we can go before buyers come in and go for the extended high growers -- think Amazon (AMZN) -- or the staples, think Procter (PG) . Those are the key to this market.