01 October 2015

SP 500 and NDX Futures Daily Charts - Icarus Ascending

"In vain I had at heart to find
The center and the end of space.
Beneath some burning, unknown gaze
I feel my very wings unpinned...

And give my name to the abyss
Which waits to claim me as its own.”

Charles Baudelaire, Lament of an Icarus

Stocks were wide ranging, and once again found some footing late day into the close.

The economic news continues to come in jaggedly, unevenly parsed by vain hopes, dire results, and arrogant indifference.

Non-farm payrolls tomorrow. The expectations are remarkably low.

The Atlanta Fed's forecast for the third quarter barely holds a pulse at 0.9%.

Have a pleasant evening.