Trading Journal for 3/15
6:27AM: SPX futures are down to 3881:
THMO is gapping up 103% on news of rolling out a facility of labs that can be rented out to support the cell and gene therapy field:
6:31AM: Credit Suisse (CS) has reported that its biggest backer won’t provide additional financial support. It’s currently down 25% on the day. The news has sent the banking indices KBE and KRE towards lows:
6:46AM: There’s quite a bit of volatility in the market right now, caused by fear in the banking sector. I don’t expect the gappers to make any progress today.