Unfortunately, I'm having a problem opening my Worden software after installing a beta product. It should be back up tomorrow morning as I've sent emails to the service department.
The only developments thus far are in Asia which is trading pretty strong, we should see early morning futures up, how that plays out after the open remains to be seen. We've had two weeks of failed gaps in both directions that have led to nearly flat closes.
The good news is, we should be able to get into some decent trending trades with volume picking back up. The first few days of the new quarter are always interesting, but I think have little impact as funds replace holdings they did NOT want on their books at the end of the quarter or year for their new prospectus-sometimes they sell some as well, but usually they are replacing non-performing positions that they believe in.
We'll see in a few hours. Interestingly the Euro is down and dollar is up as of 11 p.m.
5 years ago
