16 June 2015

SP 500 and NDX Futures Daily Charts - Thermopylae

Stocks bounced a bit today, for largely technical reasons, ahead of the FOMC rate decision tomorrow.

The risks in equities remain pronounced and, in my own estimation, mispriced.
The risks of a craven demagogue or a pliant fool in the service of Big Money becoming the next President of the United States have gone exponential.

Have a pleasant evening.