MONDAY: Markets are closed in honor of Dr. Martin Luther King, Jr. Day
TUESDAY: Oil is sharply higher this morning and guess what? The stock futures are following the same strong move higher in continuing the puzzling theme
WEDNESDAY: Yesterday’s wasted session pointed to what we might expect this morning and that is exactly what is happening. After losing a 200 point gain yesterday as oil reversed course, the market is set to open down another 250 points or more this morning as oil is again very weak
THURSDAY: Despite a nearly 300 point recovery yesterday, the market still lost 250 points, but at least buyers appeared. Despite some losses in this morning’s futures, it isn’t a session predominated by selling for a change.
FRIDAY:. Oil and Shanghai much higher this morning and so the S&P 500 is doing the same, as it is going through a period when it has no mind of its own
“SNEAK PEEK AT NEXT WEEK” APPEARS ON FRIDAYS