There’s a first as poor numbers take the wind out of stocks

Must be a trick of the light as US stocks ease off the positive opening after the factory orders and non-manufacturing ISM data.

The S&P is now +1 point at 1832, Dow +22 and the Nasdaq has fallen into negative territory -13.

S&P hourly chart 06 01 2014

Don’t tell me prices are going to start reflecting fundamentals after years of ignoring them?

Watch this space as they say.