08 January 2014

SP 500 and NDX Futures Daily Charts - Like a Patient Etherized Upon a Table

The ADP employment number came in 'better than expected' today. This month's Hunger Games, the Non-Farm Payrolls, are on Friday.

I see where Boris, the lord mayor of London, is readying his water cannon for the summer of our discontent.

It looks like nature herself is blasting the coasts of Albion with water cannons of her own righteous indignation. Perhaps a portent? Or just our brave new world.

The bubble economy continues to bubble on, KBO , with a bull dogged determination. Although one can hardly blame it for a moment of indecision here and there, hiding its ragged claws from less austere, and more discerning, eyes.

And having seen the moment of their greatness flicker, they are afraid. Or was that just a teleprompter glitch, leaving their majesties temporarily agape, almost ridiculous, almost, at times, the Fool?

And will Bernanke return, like Greenspan's ghost, saying, “That is not what I meant at all; that is not it, at all”?

Until global excess wakes us, and we drown.

Have a pleasant evening.