Stocks were hit by selling in the overnight futures, and that carried into today’s cash session in New York.
Gold and silver were also hit hard as well, silver particularly hard.
After a difficult morning session, the bulls took heart and found the traction to buy the big cap techs, once again, driving the NDX to finish in the green.
The SP gained back some ground but was weighed down by the Banks. It appears that the Street and Regulators were shocked, shocked! — to find out the Banks are still laundering trillions in dirty money.
What a surprise. Serial felons are doing illegal but highly profitable transactions for which the punishments, if you can call them that, do not nearly match the crimes.