Post-market Wrap (recording & summary)
Were terrorist actions around the globe responsible for derailing Monday afternoon’s attempt at rallying to fresh highs? Possibly in the same degree that Friday afternoon’s presidential conference inhibited the bullish WedEX. Of course, Monday’s distraction was more serious, and the price reaction trended down instead of ranging sideways. But already rallying at Tuesday’s open would put into play new highs. Not already rallying at Tuesday’s open would be more vulnerable to launching a deep corrective dip before seasonal bullishness takes over into the weekend.
Details and other markets coverage are discussed in the post-market Wrap recording here.
Monitor overnight Globex trading in the chaRTroom here.
