Spread betting and contracts for differences on the European stock market should consider that it is trending down right now. Auto stocks are pacing the rest of the losses on the market, and spread bets and CFDs should consider shorting them for now. MarketWatch reports on auto stocks on the European stock market:
"The sector is now on the wrong side of the capex cycle as autos are
re-entering an investment cycle, which in the past has negatively
correlated with sector performance," noted analyst Philippe Houchois.
