it could be, I wasn't surprised by the triple digit opening this morning, what I am more surprised about is the selling over the last 2 hours....biotech is collapsing in the nasdaq, I came close to wanting to short biotech last week with BIS, but waited and today its up over $2.00 a share...
As usual the stock index futures will rise overnight, like they do 90% of the time. Its the easiest way to make free money, at 2-3 AM CST every night they pop up. The financial media will tell the waking Americans....LOOKS LIKE A HIGHER OPEN ON WALL STREET......wash rinse and repeat.
looks like yen moving started it off but europe taking it to extreme...this cant be just VW and some low copper prices
reuters saying data out of china (which came out just after the china close) is that imports of basic metals (copper nickel) are VERY low and that london sold the miners hard on that news.. es straight down 30 points now