Monday 9 December 2019

Call it fate

US equity indexes closed a little weak, sp -9pts (0.3%) at 3135. Nasdaq comp' -0.4%. The Transports settled -0.3%. Near term outlook offers considerable chop into the Wed' FOMC.

sp'daily5



VIX'daily3



Summary

US equities opened in minor chop mode. With s/t momentum weakening, the market turned a little weak into the late afternoon. Volatility picked up, with the the VIX settling +16.4% at 15.86.

Today's single economic/financial tweet...


Indeed, the 'everything bubble' continues. However, it should be clear, Presidential complaints about overly high WTIC/fuel prices usually begin not much higher than $60.

Former fed chair Paul Volcker has died, aged 92.


The above picture really sums up what was a vastly different era. Meanwhile, Greenspan (93) is still ticking over.


Call it fate

2016 saw the abomination that was 'Ghostbusters'. Yours truly never did see that piece of garbage. Sony (SNE) are trying yet another reboot...



Whilst Sony are notorious for churning out tier'1 garbage, with three wondrous piano notes at t+1.01, and some words from Venkman, I have some hope for something spooky and magical.

Sideline (NSFW) video from Mr Plinkett...


Yours... very bullish RLM.
(ps... I'm looking forward to the RLM review of 'Rise of Skywalker', infinitely more than the actual movie).
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A winter's sunset in the capital of geo-political chaos

Full moon is Thurs' Dec'12th
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Goodnight from London
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