Bears are coming out of hibernation. Here's the overseas boxscore:
China Shanghai Composite: -3.19%
Hang Seng: -0.67%
Nikkei: -.70%
Kospi: +.25%
Straits Times: -0.92%
There are no economic releases scheduled today in the US. So, what's going to move the market? Most likely, rumors and pundits. Traders don't like days like today because there's no foundation to get started on. Usually, you have something--today, it's just what you read or hear. So, look for intense volatility. More later.
Talk to you,
Todd M. Schoenberger, Managing Director
LandColt Trading, Inc.
Friday, September 18, 2009
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