DJ -142, Stocks ran into a wall of worry Tuesday as violence erupted on the Korean peninsula, concerns about Europe's debt crisis expanded and the Federal Reserve issued a dour economic outlook. Europe -2%.
8.10 : DJ futs +24. Regional weak near -2% , as NK and Kospi first reaction on Koeran hostility news. NK was clsed for holiday yesterday while KOSPI was clsed for the day b4 the breaking news. Safe haven play, GOLD +1%. CO -0.5%
fkli : seen steady b4 fbm opens. while dwside remains,80-90, strong chance for a bounce, targeting 90-95 range. Bearish if fbm<87, targeting 80.
fcpo : SO +0.5% not enough to offset fcpo -ve tone. Bears will aim for a breakdw under 3100. Immediate upside target is 3150.
3 years ago
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