ETF Range Projections & A Quote to Start the DayI
I believe the answer lies in coming to terms with what Heisenberg’s research uncovered in the field of physics: that we cannot expect to accurately predict the future given the present environment. There are quite simply too many mixed signals, and too much uncertainty. In my view, we just cannot expect to understand the present situation with any exactness. Perhaps a more reasonable approach would be to embrace the uncertainty. Once we emprace the uncertainty, we may be able to use it to our advantage.
- Jon C. Sundt, Altegris Investments
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Both Asian and European markets are little changed this morning, ranging from +0.23% to -0.31%:: Nikkei 225 +0.15%, Hang Seng -0.31%, Shanghai +0.23%, DAX -0.18%, and the FTSE 100 +0.22%.
At about 7:45 AM ET, the futures are indicating relatively flat openings with a slight downward bias : Dow -15 S&P -2.2, NAZ -6.5, Oil +$0.33 and Gold -$1.3
