A diary of the thought process behind my investment decisions
It seems like Europe wanted to go higher but there has been heavy selling since the US open. My best guess is that funds with large allocations to financials are seeing redemptions as they are the weakest group. Energy shares are also weak but that is likely related to the news from Libya. Sometimes expiration effects the market the Monday after but that does not explain the move in financials. I have not made a trade today yet.