sp'60min
Summary
After yesterdays huge gains, a little morning chop would be understandable.
With heavy QE today and tomorrow. equity bears face severe problems.
I would expect a weekly close in the sp'1820s.
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Notable early mover: FB -2.4%, TSLA -1.8%
Video update from Oscar
Good wishes for today!
9.00am update - Futures drop... sp'-9pts..we're now set to open at 1800.
This is still just a minor retracement..and understandable.
Without question...any opening decline will likely recover into the afternoon...and I'd still be looking for the sp'1820s by the Friday close.
9.35am.. for those watching...indexes lower..but the VIX opens lower...
Bears haven't a hope.
Zero point in meddling on the short side.