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The markets are trading sharply lower after Wall Street and the world realized last Fridays stress test by European regulators was a joke. A stress test is supposed to be a worst case scenario but regulators did not include any sort of default by Greece. The markets are laughing at it today as the Dow Jones Industrial Average is down by 150 points. Bank stocks are taking the brunt the hit today, dropping on worries of exposure to European debt. Gold and silver continue to rally on the safety trade while oil is lower on the future demand outlook. Small caps continue to perform well with China plays leading. Take the seven day free trial to the Research Center and Intra Day Stock Chat. Get swing trades, proprietary trading techniques and guidance from the pros. Profit from the best.
nice trades today. RJ