sp'daily5
sp'weekly8b
Summary
A pretty quiet day in market land, and in many ways, this could remain the case until Wednesday afternoon. Yet, even then, the market is not likely to be surprised. Just about everyone is expecting QE taper'5.
All things considered, there is little to get me interested on the bearish side, unless we are trading in the 1960/70s. Even then, the problem will be, just what would be the reason the market might fall, other than a natural down cycle?
Looking ahead
Tuesday will see CPI and housing starts, certainly enough to get the market moving at least a little.
*next sig' QE is not until Thursday.
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**I continue to hold long via CHK, WFM, and an index block
...and I think that will suffice for today.
Goodnight from London