Heads up - Markets Are Tanking

Tuesday, May 25, 2010, 7:27 AM
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Here I sit on Tuesday morning at 6:40 a.m. looking at what promises to be an extremely rough open for the US stock markets.  Unless another opening-bell miracle rally in the cash market ensues, like it did last Friday, today is going to be a very bad day on the US stock markets.

Currently futures for the Dow are down -227 points from yesterday's close, and the S&P 500 futures are down -27.

Note that in the futures charts offered by (below), which I really like to use, mysteriously do not record the change in reference to the prior close.  I'm not entirely sure what they base off of…perhaps midnight?


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