Loading ...The stock market started the week green with the economic data came in weaker than expected. It seemed that bad news was bullish again by keeping interest rates low. In fact, the market remained green for most of the day on Monday. Then, with an hour left of trading, the Dow Jones, S&P 500, and Nasdaq all dropped over 1% to end the day red. The biggest news of the day was Kerry talking about a possible attack on Syria, which is bullish for oil and gold.
This morning, stock futures are all indicating weaker opening across all sectors. In Europe, the markets are also taking a hit. Kerry’s comments appear to be the big story and the media has declared that a strike on Syrian can be days away. We at Alphas Edge just wonder if the robot traders will interpret the dead and destruction as bullish for the markets.
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