This week’s selloff continued in the overnight futures session, as the SkyNet SellBots sent US stocks sharply lower at the open of trading on Wall Street. The selling continued until precisely 1:30 PM EDT (“funny” how that happens) when the BuyBots finally stepped in and rallied stocks to cut the day’s losses. The DJIA ended down 245 points (0.9%) and the NASDAQ tanked 117 points (1.1%). Gold and silver gained a bit.
Stay tuned as the battle of the SkyNet StockBots continues.