Closing Brief

Most of the indexes closed with gains of around 1%. Transports was again leading the way, with gains of 1.9%, in the upper 6400s. The close in the sp'1650s was yet another level that should rattle all those bears currently seeking a near term major down cycle.


sp'60min

Summary

So..another Tuesday, fuelled by QE-POMO, aided by the HFT algo-bots, and cheered on by the maniacs on clown finance TV.

The only issue is whether its more 'months' or 'years' of this nonsense. I'm really starting to resign myself to the latter.
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