Markets closed lower too start the week, with stocks reversing morning losses to trade higher before noon, only to give it back. The S&P closed down .28% while the Nasdaq finished off .18%. Asia stocks sold off overnight with China markets down over 2%. Europe indexes are also lower as I write this. U.S. futures are pointing to a red open, the Dollar, Oil, and Gold are higher while Yields are lower.
Here is my rant from this morning, discuss $W $MITK $YOU and others:
Read moWelcome to August! Futures are pointing to a lower open as I write this, on the heels of the markets best Monthly performance since 2020. Here is last weeks and July's performance:
Here are some of the implied moves for companies reporting earnings next week(And the explanation on how I tabulate/use the moves : https://www.optionmillionaires.com/implied-moves-earnings-explanation/ )
