Their markets are skyrocketing and I cannot find any major news. Our futures have followed and rallied back from their lows at open. Could be a good day for longs tomorrow.
US$ index +0.40% now 72.95 (that's quite a rebound!), oil down -1%, gold down -1%. Major indexes EWJ, EWT, FXI are oversold.
wow....oil is $143 instead of $144 ....we are all saved...let the rally to 14,000 begin....you people have to be kidding me
Gotta get a bounce off the triple bottom on the S&P or all hell breaks loose. Count on "intervention".
Oil back under $120 and dow goes to 12,000+ anything under $100 and that is a huge catalyst for the market.
"Asian stocks advanced, led by financial and technology companies, after China Merchants Bank Co. forecast higher profits and as investors speculated recent losses were excessive." - Bloomberg Looks to be an Asia only event.
Eurostoxx50 and DAX futures were trading +0.5% premarket. Underlying opens in 20 minutes, will see if it holds up.
oops. it looks like the dax has made some casualties once again. i am going to the pool now to relax after another dax beating.