US equity indexes closed broadly higher, sp +22pts at 2695. The two
leaders - Trans/R2K, settled higher by a significant 1.9% and 1.0%
respectively. VIX settled -10.9% at 9.77. Near term outlook is a little mixed, but broadly... even
the mainstream are starting to finally recognise that sp'3K is coming.
spdaily5
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2018, an outlook?
2017 settled 9.39pts (0.35%) from my year end target. We also saw 3 rate hikes as I expected.
... but hey, I recognise most of you simply don't really value what I post, so please... here are two suggestions...
For those still holding to a deflationary outlook...
www.zerohedge.com
They will spin each story the same way, as though its the imminent end of the world. Go read their comments section. If you enjoy a cesspool of delusion, lies, and outright sick nastiness, Zerohedge has exactly what you need.
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For those who want a trailing view from the mainstream....
www.cnbc.com
They'll gleefully highlight targets from BAC, JPM et al, but they'll rarely ever look back, as such targets are always reactive/trailing, and wrong, just like the US Federal reserve.
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Good luck with either of those. For those who want balance, you know where I am.
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