After Hours Drama
Just when you thought that it was safe to get back in the water, Gary Cohn, one of Trump's top economic advisors, resigns. As the news came out, it spooked the markets and the Futures dropped pretty sharply. They remain down as I write this on Tuesday Night.
Usually these news events that sharply affect the markets do not leave a long lasting impression, so is this just light volume trading that is easily moving things around? Knee jerk reaction? Or is there going to be some follow through after the markets open, dropping us down to a higher low double bottom over the next couple of days? We'll know soon enough. For now, we'll take a look at where we were at the close on Tuesday.