Words out of Asia verge on alarming at this hour as a machine translation off the Korean news agency Chosun uncovers this:
“As the United States announced its independent North Korean behavior and moved the United States Navy’s nuclear-powered [Vinson] (CVN-70) carrier class to Singapore, the Chinese army has deployed about 150,000 troops in two groups to prepare for unforeseen circumstances. “The report said.
It is because of the prospect of taking “military options”, such as preemptive attacks on North Korea, just as the United States has launched an air raid on Syria.
Japan’s Sankei Shimbun reported on the 9th that the Syrian missile strike in the United States shocked China, suggesting that the People’s Liberation Army forces are moving toward the Yalu River, .”
Source URL via Google Translate http://news.chosun.com/site/data/html_dir/2017/04/10/2017041001086.html
So toss in the Yellen speech and the California school shooting reports and the last hour may not be so bright.
We closed out our long ETF position at the mid morning high when the spidey sense started ticking of bells..
More tomorrow AM…