The Market Is Broken – Today Was A Disaster For The Bulls

We all woke this morning to the money honeys on financial propaganda television, all of whom couldn’t hide their ear-to-ear toothy grin over the Dow futures being up over 600 points. But after a big 350 point opening gap up, and after trending largely sideways for most of the trading day, the markets plunged to close well below yesterday’s closing levels:

This post was published at Investment Research Dynamics on August 25, 2015.