The SkyNet SellBots were out in full force all day as the US-China trade war escalated another couple of notches.
The BuyBots made a token appearance in the last hour of trading to cut into the day’s massive losses, but it was wasn’t much more than the proverbial Dead Cad Bounce. The DJIA ended down 767 points (2.9%) and the NASDAQ plunged 278 points (3.5%).
There may be much more red ink tomorrow as the stock futures are down sharply again in overnight trading.
Stay tuned as the battle of the SkyNet StockBots continues.