The closing hour of Friday featured as adult a temper tantrum as you will ever see, sending the futures spiraling lower like wily coyote falling off a cliff, POOF!
The meat of the sale happened during TPO letter R or GYARRRR in pirate. That TRO represents the 15 minutes after the cash market closed on Friday where futures remain open.
So when you’re seeing futures any shade of green, it’s green in relation to this mess, which wasn’t priced into stocks.
Today’s open is very likely the only fireworks I will see this New Year’s Eve. Would anyone like a glass of champagne? Perhaps a mimosa?
