SPY closed up 1.2% yesterday on heels of soothing words from the FRD.
However, ES futes are down 28 handles as of now, giving up most of yesterday's gains.
Dismal economic data in Europe and US is weighing on markets at the open today.
Staying neutral appears to be the right call at present.
However, ES futes are down 28 handles as of now, giving up most of yesterday's gains.
Dismal economic data in Europe and US is weighing on markets at the open today.
Staying neutral appears to be the right call at present.