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Dow Tumbles At Open, Erases Overnight Gains As Trump Heralds “Good Day In Stocks”

Summary:
As The Dow headed for its seventh up-day in a row - the longest win streak in 13 months - the cash open has seen almost incessant selling, erasing the overnight hype gains. The Dow joins Trannies and Small Caps in the red for the day... Notably, the selling re-accelerated after President Trump ventured back ...

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As The Dow headed for its seventh up-day in a row - the longest win streak in 13 months - the cash open has seen almost incessant selling, erasing the overnight hype gains.

Dow Tumbles At Open, Erases Overnight Gains As Trump Heralds

The Dow joins Trannies and Small Caps in the red for the day...

Dow Tumbles At Open, Erases Overnight Gains As Trump Heralds

Notably, the selling re-accelerated after President Trump ventured back into the market pundit fin-tweet space...

Better 'unleash the Kudlow' stat to get this market back up...

Tyler Durden
Tyler Durden (a pseudonym) represents the idea that a return to truly efficient markets is a possibility and a necessity. After having experienced the inner workings of capitalism at various asset managers and advisors, Tyler believes that the current model is flawed and a deleveraging at every level of modern society is needed to reinspire the fundamental entrepreneurial spirit. Visit his blog: ZeroHedge (http://www.zerohedge.com/)

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