All Those Mornings…

How many times did you wake up to Futures up 12 points? Many. And why was the market up? Because.

Now we are creating new technical terms: “Stick Save” is when markets are saved from the precipice in the last half hour of trading, like yesterday. And today we have the new term “Ugly Stick” when Futures are dramatically lower because of fears that the end of the world is neigh.

Realize that the major market indices are ONLY NOW TESTING their May 18th lows. In fact, some of the great European companies are starting to look very attractive from a value standpoint. And if American multinational corporations are smart, they will aquire some of them while they are crashing!

All that I’ve been ranting about is coming to pass. Once great change is finally realized by the stubborn market, the true opportunity arises…

Previous Posts by Scott Bleier

2 Responses to All Those Mornings…

The Equalizer says:

I refuse! I refuse to believe that a bunch of European politicians and bureaucrats, each of which has their own political agenda, could ever be so short-sighted and stupid as to…

…aaw, shit. :)

Reply
leftcoasttrader says:

It’s opposite day today. Equities say end of the world. Gold and silver say QE.

Been a while since I’ve seen that.

Reply

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Major US US Futures Europe Asia Commodities 2yr Euro Yields 10yr Euro Yields Oil
  • DOW 15,303.10 0.06%
  • NASDAQ 3,459.14 -0.01%
  • S&P 500 1,649.60 -0.06%
  • VIX 13.99 -0.57%
  • SPX 500 (CFD) 1,651.60 0.12%
  • DOW (CFD) 15,315.00 0.08%
  • NASDAQ 100 2,993.40 0.08%
  • EURUSD 1.294 0.00%
  • UK 6,654.34 -0.63%
  • GERMANY 8,305.32 -0.56%
  • FRANCE 3,956.79 -0.26%
  • SPAIN 8,264.60 -0.95%
  • H. KONG 22,618.70 -0.23%
  • JAPAN 14,568.00 0.58%
  • KOREA 1,973.45 0.22%
  • SHANGHAI 2,288.53 0.57%
  • NAT GAS 4.22 -0.96%
  • GOLD 1,385.50 -0.45%
  • SILVER 22.31 -0.83%
  • COPPER 3.29 -0.17%
  • FRANCE 2YR 0.19 -10.90%
  • GERMAN 2YR 0.00 -120.00%
  • ITALIAN 2YR 2.18 27.59%
  • SPAIN 2YR 2.81 8.21%
  • FRANCE 10YR 1.94 0.31%
  • GERMAN 10YR 1.43 -0.90%
  • ITALIAN 10YR 4.14 2.68%
  • SPAIN 10YR 4.42 2.91%
  • WTI 94.15 -0.11%
  • BRENT 102.78 0.00%
  • WTI/BRENT 8.63
  • 321 CR SPR 21.96 10.04%