27 October 2015

SP 500 and NDX Futures Daily Charts - Apple Mixed, Waiting For the Fed

After the bell AAPL was mostly in-line with some good news and some not so good news.  The stock was fluttering the last time I looked.

Twitter missed on users and guided lower and revenue, and the stock was being spanked down about 10+ percent, but the Jack Dorsay effect has the carnies pounding the table with hopefulness, especially with the price of the stock down.

Not that anyone cares about such mundane things, but the real economy continues to flounder under the weight of policy errors by both the monetary and fiscal sides of the house.

Are they errors if they obtain their real objectives, and not those stated by the PR people for the one percent, the media?

FOMC tomorrow.

Have a pleasant evening.