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The charts, graphs and comments in my Trading Blog represent my technical analysis and observations of a variety of world markets...
* Major World Market Indices * Futures Markets * U.S. Sectors and ETFs * Commodities * U.S. Bonds * Forex

DISCLAIMER: All the information contained within my posts are my opinions only and none of it may be construed as financial or trading advice...
please read my full Disclaimer at this link.

Dots

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Monday, October 31, 2011

Financials are weak today...watching Deutsche Bank...

The Financials sector is underperforming the Major Indices today after leading on Friday:


So far, the weakest of the banks today is Deutsche Bank (DB), which is listed as one of the largest creditors in MF Global which filed for Chapter 11 Bankruptcy today: http://strawberryblondesmarketsummary.blogspot.com/2011/10/weakness-at-mf-globalone-to-watch.html ...one to watch over the coming days/weeks, along with JP Morgan...