06 September 2016

SP 500 and NDX Futures Daily Charts - Up, Up and Away On Apple Expectations

US stocks managed to close higher today, led by the tech-heavy NDX which is rallying in anticipation of a new product introduction from Apple tomorrow.

I think the Nas even managed to close at a new all time high today. Well done, Fed.

So here is the stock market, all dressed up, but with no place to go. The real economy cannot afford a date.

Have a pleasant evening.