Stocks are trading lower overnight as another weak report on China's manufacturing is again making the markets nervous. The Asian markets were hit hard with Japan's Nikkei 225 down over 2%. So far, the losses in Europe are less severe, with the German Dax down just over 1%. The US stock index futures are just a bit lower in early trading. The strength of last week's rally cleared out most of those who were on the short side, so after Friday's close, I was looking for a pullback or some consolida...
Stocks are trading lower overnight as another weak report on China's manufacturing is again making the markets nervous. The Asian markets were hit hard with Japan's Nikkei 225 down over 2%. So far, the losses in Europe are less severe, with the German Dax down just over 1%. The US stock index futures are just a bit lower in early trading. The strength of last week's rally cleared out most of those who were on the short side, so after Friday's close, I was looking for a pullback or some consolida...
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