sp'daily5
Summary
Overnight futures were -10pts or so... not least pressured by weakness in Asia.
It does seem very likely we'll see closing declines today... and clarify that last Friday was the peak of the up cycle from sp'1871.
It should be a far more dynamic week than last week, and we still have further corp' earnings, notably: FB and DIS.
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Energy prices remain weak...
Nat' gas -4.2%. Oil -1.0%....
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Update from Oscar
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Doomer chat, Hunter with Casey
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Overnight Asia action
Japan: -2.1% @ 18683... not the best of starts to a new month
China: -1.7% @ 3325... unravelling into the close.
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Have a good Monday
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9.39am.. It is notable that with sp +6pts... VIX is +2%.... it does not bode well for the equity bulls.
awaiting PMI/ISM data...................