Situation normal – markets in chaos - Marketintelligencecenter.com

Situation normal – markets in chaos


After the open… As has been the case for most of the week, the market is seeing bullish and bearish forces duking it out. Traders are taking yesterday's death of Saudi King Abdullah in stride, but concern is now growing that the value of the Euro may be falling too far, too fast. Oil is also back near recent lows, with WTI trading for $45.83. General Electric (GE) scored an earnings win, but Ford (F) has announced that it will take an $800 million charge-off due to the collapse of Venezuela's currency. Major indices were up in... Read More



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