All financial opinions on Midknight Review, are informed by debate/discussion by those professionals on Fox Business News and CNBC. Here is what they have to say:
At end of day:
1. If the Market closes at 15,370, tomorrow will be a bad day and we are "in trouble."
2. Pay attention to what happens in the Market during the last 30 minutes of trading.
3. Give attention to what is happening in Asia, especially in China and Japan.
Update: BTW, NO panic selling. Earlier on Monday (7 am or so), the Market was at <1070> in the negative. At <1100> there is a trigger that shuts down the Market. As I write at 9 am, the market is <246> . If you had sold at 1070, you would have been very, very sorry for that decision. Me? My wife and I have a good retirement, a refinanced home saving us about $300 per month, new windows and a 32 panel solar system that has cut our bill from close to $600 a month, on average, to $232 (typical) this past month. We are not in the Market, but I watch with concern because we have sons and daughters "in" the Market as well as my mother-in-law's retirement funding (since just before Obama, she has lost 60% of that fund). 246>1100>1070>
Back to the Market: Overnight and towards the early hours of tomorrow, but before our Market opens, give attention to "futures" and what is happening in Europe and Asia -- again before our Market opens.
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