“Depart from me, you accursed. For I was hungry and you gave me no food, thirsty and you gave me no drink, a stranger and you did not welcome me, naked and you did not clothe me, sick and in prison and you did not comfort me.' They answer, 'Lord, when was it that we saw you hungry or thirsty or a stranger or naked or sick or in prison, and did not care for you?' He answered, 'Truly I tell you, as you did not do it to one of the least of these, you did not do it for me.’” Matthew 25:40-46
27 August 2012
SP 500 and NDX Futures Daily Charts - Quiet Day
The market is holding its breath waiting to see what Zimbabwe Ben will say at Jackson Hole on Friday.
Stocks have diverged significantly higher from commodities and the euro. Something's going to change to restore the correlations.