Courtesy of Mish.
When I went to bed last night (actually something like 3:30 AM this morning), Dow Futures were up something like 366 points, S&P futures were up about 50 points or so, and Nasdaq futures were up on the order of 100 points.
Given only 6 stocks on the S&P rose yesterday, one might reasonably have expected a rebound for at least a day. Let’s take a look at what actually happened in the cash markets today.
S&P 500 10-Minute Chart
Dow 10-Minute Chart
Nasdaq 100 10-Minute Chart
Russell 2000 10-Minute Chart
Overhead Supply
…
