S&P`s Selling Off. Reacting to Bonds

Tuesday, October 13, 2009

it looks like the S&P Futures are selling off, reacting to the weakness in the long term bonds. Yields are surging and that will affect the stock market.

Let`s see how this unfolds. We can have a major sell-off on the S&P Futures.

When I first posted, the S&P was at 905. Its trading at 897 now. We can have a brutal sell-off. Fasten your seat belts. I have added slightly to my shorts with XLF.

Petroleum Oil Gas info Blog is a website for active online futures and stock traders. I will provide my real time trading decisions and my market thoughts on this webpage. Trading is not as hard as some think and definitely not as easy as some wanted it to be.


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