Good background for Rein and Shadow's discussion yesterday:
That was a hell of a nalp in the Nas, from 3,575 in Futures to 3,537 and now back to 3,556. RUT dove to 1,152 briefly and Dow dove a quick 100+ before going back to green. Markets are UNPLAYABLE today. Oil over $93, gold $1,240 (as the Fed's back in play) and the Dollar, of course, dove (80.91) but the Nikkei still isn't happy because it's hard to give a car loan to a person who doesn't have a job.
TLT popped to 104 before calming down – that's a very expensive report!
Ride/Razi – I'm old, I don't have those kind of reflexes anymore…
January 10th, 2014 at 8:54 am
Good morning!
Good background for Rein and Shadow's discussion yesterday:
That was a hell of a nalp in the Nas, from 3,575 in Futures to 3,537 and now back to 3,556. RUT dove to 1,152 briefly and Dow dove a quick 100+ before going back to green. Markets are UNPLAYABLE today. Oil over $93, gold $1,240 (as the Fed's back in play) and the Dollar, of course, dove (80.91) but the Nikkei still isn't happy because it's hard to give a car loan to a person who doesn't have a job.
TLT popped to 104 before calming down – that's a very expensive report!
Ride/Razi – I'm old, I don't have those kind of reflexes anymore…