There are few things that can quiet the floor of the NYSE, but Hurricane Sandy has done just that for tomorrow. Only the buzz of hard-drive running algos will be heard on the NYSE, the NASDAQ is unaffected.
Algo's will be running the NYSE tomorrow.
So far tonight, there's not much movement, the EUR/USD opened the week slightly down, not much though and ES is in similar shape, nothing really worth getting excited over right now.
EUR/USD Forex opening this week.
And below, although we didn't see anything from Sandy in the way of winds, we did see some monster surf in my area where the swell made it through the Bahamas at the perfect angle, 2 cities south of us and the surf was half the size.
This weekend we saw 30 foot waves, no one was out in this craziness. We also lost about 75 yards of beach at a depth of about 6 feet over miles and miles of beach, in essence there is no beach left.
This is about a 15 footer.
More to come as it develops.
Is interest rates about to start going up?
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Yes, I know - it does not make any sense - FED is about to cut
rates...but....real world interest rates are not always what FED wants it
to be.
5 years ago