After a 3-day weekend, the opening activity is typically a bit crazy, lots of orders sitting in various places.
So far I see the TICK opening strong at +1000 but fading to zero. There are several momo favorites that are starting to get mired in much after a strong start. Some of the C&D trades I'm interested in are just not looking very good right now, they look more tired than their usual springy look, perhaps they'll brighten up after the a.m. trade has burned off.
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
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