



We are in the oversold zone, but we can stay oversold for a very long time as the July section of the NAMO chart highlights.
Economic Calendar: CPI in pre-market and FOMC policy statement at 2:15.
GS reports before the open. HPQ has announced a 7% workforce layoff as it integrates its operations with EDS.
Eminis continue to tick lower after hours as Asian markets print red -NIKKEI currently off by 500+ pts.
2 comments:
It was a sad scene today, I have a friend and cousin that were both laid off.
Bubs,
I hear ya, it's devastating when it hits home.
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