Just like a civil courts case, the market is now guilty until it can prove itself innocent. Just as in January/February 2014, we are trading below a falling 20d, which to many, represents sellers there.
As the cases of Ebola continue in Africa, residents down here in Dallas are nervously watching the news for any indication of further spread from the Dallas infected. It's tragic and unsettling. While I prepare to fly to Chicago tomorrow for my daughters wedding, I must admit to already having thoughts "what if the infection spreads further here while I am gone?". I've never been an alarmist however those in voluntary quarantine continue to take risks, going on airplanes and cruise ships, placing others at risk. If more Ebola cases spout up in other cities, will people begin to stay in their homes and venture out less to theaters, malls, restaurants, bars, etc.?
The ECB announced they will begin their asset purchase program much sooner than expected after a raft of grim eurozone