real-time news and commentary for investors
Tuesday, Jul 9
S&P 500 (SPY) and Nasdaq 100 (QQQ) futures +0.3% following gains in Asia overnight and a...
S&P 500 (SPY) and Nasdaq 100 (QQQ) futures +0.3% following gains in Asia overnight and a small rally in Europe today. The big mover is the Nikkei (EWJ, DXJ), which tacked another 2.6% to what is becoming a significant bounce. The index is up about 18% in the past 4 weeks after a near-25% dive in the 3 weeks preceding. That move, of course, came after a meteoric near-doubling of the market in the previous months. Fans of fibonacci retracements should be having a ball.