Joined Nov 11, 2007
31,929 Blog Posts

Market Update

U.S. equities were hopeful and traded to the upside at the open. Trying to forget yesterday’s beating proved to hard for the bulls. As a result Europe began to pare all gains and closed in the red helping U.S. markets to go negative.

Currently the DOW is off 35 bones while the S&P is off 5. Analysts are calling for support on the S&P initially at 1375, 1363, and then 1319. At 1319 we would be in a 10% correction and typically where many investors have stepped in to buy over the past few years.

Oil is all over the map currently up $0.76.

Gold is up $9.

The greenback has softened and treasuries are being bot.

$AAPL breaks further into bear market territory; currently down $11.19 $546

Market update

European market closing prices

3D heat map

[youtube://http://www.youtube.com/watch?v=WJDnJ0vXUgw 450 300]


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