The SkyNet SellBots took control in the overnight futures trading, sending US stocks sharply lower at the open of trading on Wall Street. At precisely 11:30 AM ET (“funny” how that happens) the BuyBots kicked in to halt the decline and mount a respectable rebound. The SellBots reappeared and resumed the selling pressure into the close. The DJIA ended down 91 points (0.3%) and the NASDAQ dropped 80 points (1.0%).
Stay tuned as the battle of the SkyNet StockBots continues.