Morning Call: Sometimes the Best Trades are the Ones You Don’t Make (GLD, VXX, SDS, QID)
US stock futures point to a higher open Wednesday, shrugging off weak guidance from Dell (NASDAQ:DELL) and lingering disappoint over yesterday’s Merkel-Sarkozy meeting. Markets bobbed and weaved yesterday, surging to close the gap down early, selling of hard in the middle of the day, and then rallying into the close to avoid another calamitous losing day. Overall stocks held in very well yesterday. Right now, it’s hard to come in(…)
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