Markets Play Tug-O'-War After Huge Rally In Asia

tug o' war navy

Photo: US Navy

There’s no real direction to markets today.Longs and shorts are basically in a tug o’ war. German stocks are up slightly. French stocks are down slightly. Greek stocks are up 0.3%.

The action was more decisive in Asia, where the Nikkei was up about 1%, and Shanghai rallied 2%.

US futures are down commodities are mostly unchanged.

There’s a good chance the whole day will be like this owing to the US July 4 holiday.

Tuesday will be the test for the 5 day rally that started last week once it became clear Greece would get bailed out.

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