Daily US Opening News And Market Re-Cap: October 27

Tyler Durden's picture

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msmith's picture

It feels like the market has gotten a lot more bullish in a short amount of time, which is interesting to note.  However, "risk on" has unfolded as expected.  Equity futures are up big with the USD down big.  The ES, SPX, DX, AUDUSD, EURUSD, and USDCAD charts all have more room to run for the current moves.

msmith's picture

It feels like the market has gotten a lot more bullish in a short amount of time, which is interesting to note.  However, "risk on" has unfolded as expected. Equity futures are up big with the USD down big. The ES, SPX, DX, AUDUSD, EURUSD, and USDCAD charts all have more room to run for the current moves. http://bit.ly/rDcoCc

i root for that fat jersey governor's picture

yesterday was the first time in the last couple of weeks that I thought the market would turn back down - initiated some shorts, got crashed and stopped out this morning. So the lesson learned is - do not get in front of the train when it could speed up from 0 to 100 miles in 6 secs.  :-(