NASDAQ Futs has been +120 until early morning here. I’m not sure if it was due to Putin’s speech; but the weakness occurred at the same time.
Here is a rundown of what he said:
Today is the end of the quarter and I suspect volatility. Market would love to trade up here, so be careful with your shorts. The fact that we dove lower at the open after giving up big gains in the futures markets might bode well for stocks if we reverse up. Either way, this chop makes it very hard to trade and if you go to eat a sandwich you might miss a giant pivot and end up fucking yourself for the session.If you enjoy the content at iBankCoin, please follow us on Twitter