(Fill in your own bawdy analogy here…)
The S&P is extremely choppy this afternoon, quickly shedding its small gains and dropping back from +0.3% to -0.5% at present in the space of just a few minutes. EUR/USD is skidding along with stocks, back in the 1.2260s.
Where it ends? If you put a gun to my head I would say lower, purely because that is the direction of the trend….Perhaps the market came to its senses and realized the Vice President of the United States of America is an asshat and knows less about Friday’s employment number than the squirrel out side your window…
