It is that time of year when the animals go shopping. I could say a lot of things about this sickly scene, but I think the following video - which I believe is from earlier today, is a very fair summary of what is going on at the lowest level of the US consumer economy.
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Meanwhile, back at the casino...
sp'daily5
Summary
So we've hit sp'1404, thats starting to convince everyone we're now set for a full on Santa rally, possibly into the sp'1500s by year end.
Certainly, we're not quite seeing the bullish hysteria I was looking for on the clown network finance TV, but we'll probably see it next week, if we're trading in the 1420s.
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I remain patiently watching...this apparent wave'2 bounce..play out.
Back after the close..which is at 1pm.