Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors.

Futures Sell Hard Off Of Asia Massive Drop As Markets Start To Doubt Consumer Is Recovering

|Includes: GS, JPM, SPDR S&P 500 Trust ETF (SPY), XOM

The data of late has not been pretty and it appears the markets are starting to come off their "sugar high".  Realization that the consumer is not spending is putting major pressure on China and Asia.  Retail sales from last week were very showing in that regard.  Major call from on the pivot high of $102 from a week ago.  That level was never taken out and a dead on call again for a major move downward.  Premium members were all over the short at those levels.  Join now to get that guidance, stock picks and education in the Research Center andIntra Day Stock Chat.