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14Oct2016 Market Close: Wall Street Can Not Hold Morning Highs And Slips Lower While Remaining In The Green, Crude Steady At $50, Weekend News Will Certainly Move The Markets Monday

Friday, October 14, 2016 13:47
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(Before It's News)

Written by Gary

US markets eased off the morning ‘Good Bank News’ highs to a steady erosion of departing investors (SPY +0.3%). Even the BTFDers were nowhere to be found at the close. The US dollar has risen significantly to the 98 handle where it is expected to climb higher and push the markets Down. The stock market is turning into a sloppy, ugly mess and it will get worse.

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