Nothing to scare the bulls away right now. The Xmas ramp continues today I'm guessing if Consumer Sentiment does not dampen holiday spirits (the BLS is in control of that one so how could it be bad?). Yesterday another HnS has delivered a breakout move (surprised?). Minis have fallen 3 points in the last few minutes off their 33 highs. Could there be resistance up there?
1m SPX showing resistance in the 1233 to 1235 range (where the minis reversed this AM) and the failed HnS.
My CPC chart screams we're nearing a major top.
Let's see if we can have some fun today. Its the holiday season.
Let's start the humor off with
Obama honors Nobel winner with statement about himself -
"Critics have often said of Obama that "it's all about him," that he has a tendency to reference himself no matter what subject he is discussing. Could he do any more to prove them right? But just to show that he is, in fact, humble, the president followed his opening sentence with this:
Mr. Liu Xiaobo is far more deserving of this award than I was.
To that I say, "NO SHIT!"
