24 July 2013

SP 500 and NDX Futures Daily Charts - I Came to Casablanca For the Waters

Light volume trading day with mostly sideways action despite the 'better than expected' new home sales number.

President Obama gave the introductory speech to his new economic vision. It sounded good but many of his visions have turned out to be mirages.

After the bell Facebook and Visa beat their numbers, and Las Vegas Sands missed.

Many of the nouveau tech and financial sector companies use 'conceptual accounting' provided by the misinformation industry.

Have a pleasant evening.