A Race Against the Loonie

Headed into the bell, stocks are bouncing off session lows. NFLX is still enjoying its squeeze from earlier it the day, and sentiment seems to be convinced the selling in the market is largely contained. 

One point to note is that the Canadian Dollar, or "Loonie," continues to weaken. The Loonie is often seen as a commodity or petro-currency, and I would look for signs of stabilization here first before delving into the crude oil bottom-fishing game. 

See you after the bell for my full-length video recap for Members and the brief on here.