optionsXpress
Jun
6
2010

If Markets are being manipulated, we will see Dow Jones Rise tomorrow

If you visit any finance news tonight, everyone is talking about how the markets are tanking across the globe and how its a beginning of a new stock market collapse. I personally will not say that just yet. Even WSJ has posted an article minutes before explaining why we should not give up Europe just yet.

WSJ Story: Do not Give up on Europe Just yet

The fact of the matter is that rest of the world depends on US stock market, specially the Asian markets. Since US markets crashed on Friday, all the other markets are just reacting and following the suit. If  the markets are truely being manipulated, we will see green in US market in the morning. First hour or so might still be in red but investors will probably start picking up cheap shares in early trading in the morning which will push the market up. Well thats just a theory, lets see what happens when the market opens at 9.30AM

Stocks to watch for Bio Sector: $DCTH, $CXM, $HNAB, $QCOR, $PGNX



About the Author: Punit Gupta

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