The ISM Manufacturing number came in somewhat grimly today at a four year low.
What a surprise! Not.
Tomorrow is 'Rally Tuesday.'
Let's see if this pattern holds, or if the Non-Farm Payrolls report chills the bullish ardor for paper.
“Modern tyranny is terror management. When the terrorist attack comes, remember that authoritarians exploit such events in order to consolidate power. The sudden disaster that requires the end of checks and balances, the dissolution of opposition parties, the suspension of freedom of expression, the right to a fair trial, and so on, is the oldest trick in the Hitlerian book. Do not fall for it.”
Timothy Snyder, On Tyranny
03 June 2013
SP 500 and NDX Futures Daily Charts - Bad News Is Good News For Financial Paper
The ISM Manufacturing number came in somewhat grimly today at a four year low.
What a surprise! Not.
Tomorrow is 'Rally Tuesday.'
Let's see if this pattern holds, or if the Non-Farm Payrolls report chills the bullish ardor for paper.