Dow Jones futures are down -84 before the open at this time. Gold and silver futures up 1% and 1/2% respectively. Banks remains under pressure.
Surprising gold was also weak. Felt like a short term reallocation of money from a long time winner, gold, to long time suffering stocks. Tape on BAC, GS, MS in the financials remained pathetic all day. Bear market rallies are strong. Looking to re-short QQQ @ 20 EMA and to reload on GLD around 173, if it reaches there.