![]() That's usually a sign that the rally's used up so short term stock traders will want to start packing it in. What's more is this morning's stock futures are just flat on the downside where most futures (including metals) are clearly on the downside. |
Some of this morning's market news headlines--
US stocks end slightly lower for a second day--and here are some related FR threads:
Business Highlights By The Associated Press
European Stocks Lower as China Concerns Continue
Stock buybacks nearing record numbers, but is that a good thing?
Losing Crimea Could Sink Ukraine's Offshore Oil and Gas Hopes
Gold extends gains to 5-1/2 month high on safe-haven demand
Obama Will Seek Broad Expansion of Overtime Pay [Will Use Executive Authority: Congress Get Lost!]
Copper Is In Full Meltdown Mode Again In Shanghai (Dr Copper)
Exxon Mobil bearish on shale drilling abroad
And for a little protectionism.
Tesla Stores May Be Closed After N.J. Blocks Direct Sales
http://www.bloomberg.com/news/2014-03-11/tesla-stores-may-be-closed-after-n-j-blocks-direct-sales.html