13 April 2015

SP 500 and NDX Futures Daily Charts - Zzzzzzzz....

Stocks were in an upward push on light volumes that faded fairly hard into the late afternoon after it became clear that the puppies weren't eating the puppy food, and all the wiseguys were doing is moving the same stocks around the plate.
Earnings and economic news should pick up later this week.   There seems to be a bit of a divergence between perception and reality. 

 SP 500 Earnings Estimates Plunge Most Since the Financial Crisis
Not that this should dampen any enthusiasm about The Recovery™..

Have a pleasant evening.