With Ruskie and US warplanes now bombing the dickens out of opposing targets in Syria the odds for a really nasty incident are high....if that happens the markets won't like it.
Actionable Risk Opportunities, Tactical Musings and Timing Indicators for Investors
Thursday, October 1, 2015
Looks Like Yesterday...10.01.15
Almost a mirror image of yesterday's action...a big V dip with the markets ultimately closing near the open. We're still seeing considerable indecision ...maybe some skepticism that the recent retest of the August low was genuine...or maybe there's a another leg down in the making. The last 15 minutes saw a positive reversal of the downtrend begun 40 minutes preclose. It was a fast market, high volume close and the positive momentum continued after hours with SPY up another .40. This is the reverse of yesterday's aftermarket so it may bode well for tomorrow, which has a bearish bias.
With Ruskie and US warplanes now bombing the dickens out of opposing targets in Syria the odds for a really nasty incident are high....if that happens the markets won't like it.
With Ruskie and US warplanes now bombing the dickens out of opposing targets in Syria the odds for a really nasty incident are high....if that happens the markets won't like it.
