Thursday, June 30, 2011

Welcome to Bizarro World

The top four headlines from Bloomberg this morning -

* Apple stock has worst first half since 2008
* S&P would cut US credit rating to D on default
* BofA, Goldman cutting jobs as trading slows

yet...

* US stock futures gain.

This is why those of us that are not silicon-based traders struggle in markets like this.

Cheers!

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