14 January 2014

SP 500 and NDX Futures Daily Charts - Whacky Tech-Backy

Stocks rocketed higher, gaining back most of what they gave up yesterday.

Google put a fire under tech stocks by buying smart thermostat maker Nest for $3.2 billion.

Retail sales came in better than expected and that had traders casting off their fears and setting out on the seas of speculation.

A pleasant time will be guaranteed for all by the Fed, until it doesn't. Then they will bail out their friends.