Here are 4 tips for today's trading. This will help you decide where you should invest and what to look for:
1) More Pain to Come?
1) More Pain to Come?
European markets were trading weaker as investors remain rattled by a string of poor economic numbers from Germany, and slower global growth. There was more disappointing data Friday, this time from Italy -- the Eurozone’s third largest economy -- where industrial production in August was 0.7% weaker than a year ago.
US stock futures were slipping lower. Asian markets ended firmly in the red.
2) Rollercoaster Ride
2) Rollercoaster Ride
The Dow plunged 335 points Thursday, its worst day of the entire year on a point basis. The wild swing lower followed a sharp jump Wednesday, the best day of the year so far for stocks. Both the S&P 500 and Nasdaq fell more than 2% on Thursday. Investors are about as terrified as they can be right now.
3) Oil Price Plunges
3) Oil Price Plunges
The prospect of weaker global growth is hitting commodity markets hard. Crude oil futures in Europe were trading 1.4% weaker at $89 a barrel, their lowest level in nearly four years. US light crude has lost nearly 18% over the past 12 months.
4) A New Tesla
4) A New Tesla
Tesla (TSLA) has unveiled its model D, a dual motor, all-wheel-drive sedan with mind-bending performance numbers.
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