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48. Road map begins with global head winds. U. S. Futures taking a hit as chinas market turmOil Continues. Seeing a little relief so far today and now investors turn their eye to the fed whose meeting kicks off. Big names this morning include ford, dupont, and ups. Merck reporting some mixed results this morning. First up futures rising as the s p looks to avoid its first sixsession losing streak in three years. Another decline in china. Shanghai down after an 8. 5 slide. Jim, you tweeted this morning the government took out some bad longs in china overnight. What does that mean . Im watch where the government is playing this and believe me the government is the natural buyer in this situation. They get the market come in bad. Then they let the market drop about 4 and futures were down. Then they just jammed it up plus one. Then the sellers came in and they stabilized it. Its kind of a victory for the bulls because it didnt close d ....
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