It's the last trading day of August. Stock futures are starting it off on a rather negative note, down almost 1%.
Here are this mornings reads:
Keep Reading
After almost 9 months of dull consolidation, the market gave birth to a market that eerily resembled that of the financial crisis in 2008. Stocks can be found gyrating on a minute to minute basis, spiking lower only to inexplicably rally some 3% in a matter of an hour.
Look no further than yesterdays trading session. At 3PM the buybots took control of a rapidly weakening stock market and rallied it into the close. The $SPY made a normally 3 to 5 day market move to the upside in less than an hour.