Like I said...the Dow had been down well over a 100, now just fractionally down, and we are .....WELL OFF THE LOWS.....yes just in time for lunch on the East coast... Same thing over and over and over.
Selloff what selloff, like magic were are at the highs of the session, at yes its just in time for the lunch hour. Why don't you people listen to me.
In many ways I liked the pre-"crash" market more than this...I could lean on some levels, it was just back and forth, pretty predictable...Now, IV's are enormous and yet it's so illiquid, I don't want to short them and it's just slop and chop most of the day...
WEEEEEEE CRUDE OIL IS SURGING!!!!!! from business insider..... Crude oil is going parabolic http://www.businessinsider.com/crude-oil-price-august-31-2015-8#ixzz3kPcW0jES Crude oil is going parabolic. In just a few minutes on Monday morning, the price of oil went from down 3% on the day to up more than 5%, with West Texas Intermediate crude rising above $47.50 a barrel for the first time in a month. This rally follows a 2-day surge to end last week that saw WTI prices rise nearly 20%. According to the folks at Bespoke Investment Group, this is the biggest 3-day rally for crude since January 2009. FinViz Read more: http://www.businessinsider.com/crude-oil-price-august-31-2015-8#ixzz3kPc2szv3