This has been a rough week or a great week, depending which side of the trade you’re on.
Stocks are tanking for the third day in a row amid Obama’s comments on Wall Street taxation, the anti-banker news, mediocre earnings, and concerns over China.
The Dow is currently off 140 180 with about 45 minutes to go.
Meanwhile, commodities sank with oil dropping 2.2% to $74.42 a barrel.
Gold is down $14 to $1089/ounce with silver down nearly 3% at $17/ounce.
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See Also:
- Prechter: This Is It, The New Bear Market Has Begun
- Felix Zulauf: We’re In A Secular Bear Market Like Japan, The Rally In Financials Is Over, So Here’s What To Buy
- Rosenberg: Surprise, Surprise, Everyone At The Barron’s Roundtable Is A Bull