Sep 07
18
Morning Call by Greg Secker
The DOW fell at the open and traded in a tight range for the rest of the session as it consolidates below 13500 finishing the day down 39 points. The S&P closed down 7 points as it consolidates above the 50 ema. The NASDAQ fell 20 as it also consolidates above the 50 ema. The FTSE, writes Greg Secker, 100 continued its sell off ending the session down 106 points. The FTSE, writes Greg Secker, 250 gapped lower at the open and ended the session down 208 points. Futures – the DOW is called down 40 points, FTSE is called up 5 points. Oil is trading at new highs at $81.15 a barrel, gold is trading at $716.5.
