Stocks got crushed yesterday closing at session lows. This morning futures are pointing to a higher open, lets see how long that lasts. We are still above last weeks lows, however if that doesn't hold we could be looking at more nasty downside this week.
Here is what I am reading this morning:
Stock futures are lower to start the day. Yesterday stock futures started higher, continued to rally after the market opened, and then a bevy of sell orders took stocks lower before they were able to claw back to almost even.
Perhaps this mornings sell-off and subsequent bounce at $195 will offer some stability. The market needs to remain above the Abenomics trendline.
Here is what I am reading this morning:
