The DOW pushed higher at the open but ran into resistance and fell 290 points to end the session down 146 points. The S&P closed down 18 points and the NASDAQ gapped higher but closed lower, down 37 points. The FTSE, writes Greg, 100 gapped higher at the open and continued to rally during the session finishing the day up 154 points. The FTSE, writes Greg, 250 added 265 points. Futures – DOW is called down 120 points, FTSE is called down 150 points. Oil is trading at $77.80 a barrel and gold at $661.4. – WATCH FOR LARGE GAP DOWN AT THE OPEN WHEN PLACING ANY NEW TRADES TODAY.
Morning Call by Greg Secker
The DOW pushed higher at the open but ran into resistance and fell 290 points to end the session down 146 points. The S&P closed down 18 points and the NASDAQ gapped higher but closed lower, down 37 points. The FTSE, writes Greg, 100 gapped higher at the open and continued to rally during the session finishing the day up 154 points. The FTSE, writes Greg, 250 added 265 points. Futures – DOW is called down 120 points, FTSE is called down 150 points. Oil is trading at $77.80 a barrel and gold at $661.4. – WATCH FOR LARGE GAP DOWN AT THE OPEN WHEN PLACING ANY NEW TRADES TODAY.