09 October 2013

SP 500 and NDX Futures Daily Charts - Edgy Trade, Light Volume, As Usual

I think the slogan for the US might become 'we reject your reality and substitute our own.'

At least I heard that expressed about twenty or thirty times on Bloomberg television today, and too often from the mouths of guest economists.

Is there something in the water, or the phases of the moon? While driving to and from the hospital today I saw more foolishly aggressive driving from people than I have seen in some time. And I am not fussy or unused to busy roads. This was almost gratuitous aggression, speeding up to cut other people off and gain nothing, and I am not even counting those who were obviously texting.

Have a pleasant evening.