The Market at 3 PM

The crisis from this morning has passed, but the market is still rightly spooked.

Within six minutes of the opening bell, the Dow was down 1,089.42 points. By 1:10 pm, the index had rallied 990.88 points off its low. We then went down again. We‘ve lost more than 480 points from the post-lunch high.

I expect another rally into the closing bell.

Posted by on August 24th, 2015 at 3:03 pm


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