sp'60min
Summary
It sure doesn't look good. Even if we sell down to 1670 at the Friday open, bears are facing the threat of a provisional agreement before this week comes to a close.
Sure they will still have to vote on it, but it looks like Boehner has already made the decision. The only thing left now is for King O' to accept the six week can-kick offer, and why wouldn't he?
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*I'm steering well clear of the current nonsense, am absolutely tired of it. The only thing I'm involved with is an SLV short from Tuesday. Metals remain weak, so...for me..today is actually not that annoying.
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Interesting video from someone I regularly follow on YT.
I have to say though, I'd rather have a Treasury CEO that was shorting the housing bubble, than one who didn't see it coming!
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The two leaders - Trans/R2K both showing very strong gains, confirming the spike-floor from yesterday.
Trans, daily
It is a bizarre thought to consider new index highs..yet..here we are..pushing up.