02 February 2015

SP 500 and NDX Futures Daily Charts


Stocks were slumping most of the day from worse than expected macroeconomic news as shown in the third chart below.  Personal spending came in light as did ISM Manufacturing.
 
A late day boost led by the SP futures managed to take stocks into the green.
 
Manage those perceptions and keep the trickle down stimulus for the one percent going.  Its better than addressing the real problems with practical solutions. 
 
Have a pleasant evening.