The Dow Jones took a big nose dive today, ostensibly on concerns over European debt. The question I have pondered over years of seeing headlines like that is who gets to decide why the market is having an off day? How do 'they' know what is causing the market to go up or down? As far as I know it could be in the tank today on news that Jason Vargas is pitching for the Mariners tonight meaning they will lose again. Or maybe it's down because of all of the bad "May the 4th" Star Wars jokes cluttering up the internet today. More likely the lousy May weather is causing the down turn.
Whatever the cause I expect a big rally tomorrow from all of the drunken investors celebrating Cinco de Mayo.