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World Stock Markets Trading Discussion - Venal volleys

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A bearish day for us with All Ords closing -0.7%.  Sectors were nearly all in the red led by Telecomms -2%, IT -1.7% and Gold -1.3%.  REITS was the only exception, +0.2%.

Over in Asia, China flat, Hong Kong closed, Japan -0.2%, India currently +0.1%.


A touch of green in UK/Europe: FTSE and DAX +0.2%, CAC +0.1%.













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Russell 2000 small caps starting to crack: RTY futures down -0.66% to 1630 and continuing downward.


2 Year rates way up at the treasury action.

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I'm long REPH RECRO PHARMA INC from $11.05. Waiting for their FDA PDUFU on May 26th and data on the 28th for Intravenous (IV) meloxicam Phase 3. Due your own due diligence. If something goes wrong this could get squashed. But so far looks promising in my opinion.  

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