Day Trading Pre Open - 5 February 2018, page-13

Morning all,

Days like Today can be dour for investors but are fantastic for traders . 666 points off the dow is only 2.5 % these days , ASX futures currently looking down 1.1 % . I think that's probably about right or thereabouts,remember the asx hasn't seen the meteoric rise of US indices so less panic - unless the US markets double down Tomorrow . Friday was Wall St love child and chief propper upper Janet Yellens last day in the job -Trump didn't want her -so i think the markets reacted on that more than anything and the possibility of interest rates rising faster without her. The FED will be back to work Monday with their usual MO and dips will be bought up imo . Our most recent major correction was brexit - lasted one day, and it was my asx200 stocks that were affected the specs barely felt a thing. So gotta look at Today as an opportunity already seeing a few possibilities ,up to you what you hold overnight tho.

Good luck all