Minyanville's T3 Morning Market Call: Finding the Best Trade Setups as Winter Storm Nemo Approaches
Posted on February 08, 2013 at 09:45 AM EST
US stock futures are near the flat line Friday morning as the Northeast braces for Winter Storm Nemo. Relative to the slow grind higher we saw in January this has been a volatile week for the markets. Last Friday the S&P (INDEXSP:.INX) closed on highs and then Monday saw a gap-and-go to the downside. Tuesday saw a rally back above the 8-day moving average and back to hear highs Wednesday we rested and then yesterday we saw aggressive early selling before an impressive rally to pare most of the day’s losses. The market feels a little fragile at these ...