The Eurobank injected alot of liquidity into member banks I think last Thursday. They said at best that little trick might last till Christmas. The gut says not nearly that long.
The S&P futures smacked down hard right at the open on good volume with the bid-ask just collapsing right before. That is not a good sign for the week but we’ll see. The market looks like it’s at a tipping point.
Yes, we’ll see. I’m not hopeful either, at some point things have to get much worse before they get better.