With the $HSI losing more than 5%(1500+!) and the European markets selling off strong, we are going to have on huge down day! Dow 200+ point drop, S & P 20+ point drop. Short every thing across the board gentleman! it's going to get bad! No decent macros will bee out this week, only pathetic corp earnings and weak macro indicators to print! Enjoy the slide!
European Markets selling off strongly? What kinda weed are you smoking? At this point I see DAX is off 0.5%, EuroStoxx50 down 0.6%. ES down 0.7%. Little to no volume (so far).
not really. The C crisis is only the tip of the iceberg. Methinks the smart money will rotate outof equities for now, including out of the China bubble.
Anybody hoping for a huge selloff will probably be disappointed, one way selloffs where the market declines nonstop for about 300ish points are not the norm. I think we'll do something like friday with selloffs and rallys throughout hte day.