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When you wake up at 4 a.m. you'll learn a ton about the market. I encourage you to try it.

If you want to see how stocks are setting up but unless you're allergic to sleeping like I am,

you probably don't want to make a routine. Today was a class example because it showed how something

it's thinly traded but covered in a patina of authority and authenticity.

You can often determine the media coverage of the morning.

When look at the Dow Futures told you that this would be a bad day, a down day,

maybe a terrible day.

Because the Dow Futures were down 100 points. Of course we'll be finished up nice and

down. Gaining 126 points. S&B Advancing Point 35%. Nasdaq Edging Up 021%.

I mean it was a bonanza. So how come everybody was down beat this morning?

I heard many reasons while the Delta strain of COVID obviously. Fear of earning season,

a bunch of key downgrades. No lift from Virgin Galactic even ever successful flight by

Sir Richard Branson. The repeated references to a rapid rise in COVID cases seem like the most likely culprit.

But all of those seemingly legitimate reasons for a weak market obscured the truth,

which is that the futures are absolutely worthless as a weathering.

You should just banish them from all thought. Unless you're looking for a buying opportunity

...