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As if someone is afraid that this October is not volatile enough, Mr market gives investors a third roller-toaster experience within the past four trading sessions. Nasdaq is again lagging the broad market after outperforming for most of the October. This morning\'s economic news is mixed at best as weak reading in Durable Goods orders was partially offset by somewhat stronger new home sales data(after a sharp downward revision in August). Oil again hits the headline and now is closed above $90 for the first time. Continuous geopolitical tension and weak dollar along with strong global demand all contribute to the recent strong performance in the Oil prices. China\'s stronger than expected Q3 GDP results again show that robust growth overseas is more likely to continue. As the market is eagerly waiting for the Fed\'s decision on Oct 31st, we should continue to expect more volatile days like today.
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