Will Stocks Plummet the Morning After?

Yesterday was a very peculiar day that just didn’t add up.  With speculators waiting breathlessly for word of QE3, bulls and bears did…nothing when there were no new measures announced to “stimulate growth.”  Perhaps because this has been such a memorably asphyxiating, screw-the-pooch kind of summer, the trade-desk whack-offs and algo-maniacs were just too tired to react to the non-news. But it’s hard to imagine that, come Thursday, the usual bunch of Wall Street clowns will find something bullish in Wednesday’s news.  A delayed-reaction plunge, perhaps?  We shall see.   [Rick’s Picks’ Hidden Pivot Webinar is going on right now. Click here if you don’t want to miss the next in September.]