Early price action again sees rotation favour the Dow Jones over the Nasdaq 100

The volatility we have seen in the US and global stock markets this week is certainly keeping many other markets on their toes. That applies to Oil, Gold, the USD/JPY and the major Yen crosses. Of course the Yen is front and centre when it comes to price swings, as you are surely aware. The swings in the oil prices are pretty sporadic at times too and what this has all delivered is opportunity folks. There is stacks of movement out there in almost anything you care to mention right now, but lets not talk about the EUR/USD in that vein please! So, the immediate US stock market trading in the first 30-40 minutes since the indexes have reopened has all been about rotation once more. The Dow is accentuating the positive from the US GDP data, whereas the Nasdaq 100 does not care two hoots about that because it has nothing to do with why the index has crumbled in recent days. We know the Dow significantly outperformed the Nasdaq 100, despite closing lower and right now it looks like repeating the exercise again today. The Dow Jones is in the green and above 40k just now whereas the Nasdaq 100 is very much in the red and dropping back towards 18,800