Market When Closed, Sunday August 18
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It Was All A Dream
by Alex King
Sometimes you just have to see the funny side. Yes, in securities markets fortunes can be made and lost in a heartbeat, lives made and lives lost, but probably only if you are trading with more risk and/or leverage than is good for you. Right at the close on Friday the joke was a good one. The S&P500 closed smack bang right back at the August 1 high. Yenmageddon … never happened?!?
Let's take a look at how markets stand after the last two week’s crazy yo-yo ride. The charts we publish here daily can be used to plan hedging, stop-losses, profit-taking orders, you name it. Any paid subscription gets you access.
By the way, if you want updates through the day, not just once per day, and if you want real-time trade disclosure alerts whenever Cestrian staff personal accounts place trades in the stocks and ETFs that we cover - join our Inner Circle service.