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The S&P was down 18 handles in Globex…
And, opened down 12 handles on the 8:30 open….
What happened? The S&P made it’s low on the open and rallied 17 handles!
…Completely smoke daddying the shorts….
Fear and Loathing in Washington continues to take its toll but the S&P is going up.
Last 1705.70 Up 6 Handles
Volume 1.5m/ESZ 2.2k/SPZ
MOC 600 m to sell and 900 million to sell (imbalance)
Empire State MFG Survey
William Dudley speaks
John Williams speaks
Richard Fisher speaks