Afternoon Update – Microsoft on Deck
The SPX’s, and more so the NASDAQ’s, price action doesn’t look good. Another sharp drop in the Dollar-Yen carry trade didn’t help matters today (BoJ meets tomorrow). USD/JPY (1m) And… NASDAQ-100 (1m) Notice any similarities? For now, though, the market is going to hold at price and technical support ahead of the Super Bowl of…