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Insiders Club - 10.8.2015 Bookmark

10.8.2015

Good morning all, welcome to Thursday morning.

The big anticipation last night was that everyone's eyes were on China. After being closed for 7 days for Holiday, the wonder was...would they open big and join the global rally party, or would they be the Debbie Downers and be weak. Well what really happened was sort of "meh".  They were down, they were up.... they didn't do much of anything. But because they didn't outright crash, everyone was figuring that they'd see big fat green futures this morning. Well....that didn't happen either. Although they are well off the morning lows, at 8 am we have the DOW futures off 56 and the S&P down 6.  That's a big improvement over 6am when I saw DOW - 78 and S&P down 9.

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