Monday/Scott – Too tough to call, someone could say something over the weekend and change everything. Europe closed while we weren't so bad-looking and both Chinas are closed Monday and Japan is super-depressed and God help them if the Dollar heads lower now. So not likely we'll have help from Asia as it's just Japan and emerging markets trading and then Europe plays catch-up to us and then we open into their panic (barring CB action) and there's no earnings or data to save us on Monday so, as usual, I'd short the RUT!
January 31st, 2014 at 4:02 pm
Monday/Scott – Too tough to call, someone could say something over the weekend and change everything. Europe closed while we weren't so bad-looking and both Chinas are closed Monday and Japan is super-depressed and God help them if the Dollar heads lower now. So not likely we'll have help from Asia as it's just Japan and emerging markets trading and then Europe plays catch-up to us and then we open into their panic (barring CB action) and there's no earnings or data to save us on Monday so, as usual, I'd short the RUT!
Have a great weekend everyone!
– Phil