It was a day thin on real economic news.
Drift higher on light volume seems to be the order of the day as we wend our way through another earnings season.
Benny speaks tomorrow, Fed minutes as well. That may move the market.
"Senators disturb us by reminding us of the possibility of large numbers swarming from China; but the answer to all this is obvious and very simple. If the Chinese come here, they will come for citizenship or merely for labor. If they come for citizenship, then in this desire do they give a pledge of loyalty to our institutions; and where is the peril in such vows? They are peaceful and industrious; how can their citizenship be the occasion of solicitude?"
Senator Charles Sumner, 1870
09 July 2013
SP 500 and NDX Futures Daily Charts - Drift Higher On Continuing Light Volume
It was a day thin on real economic news.
Drift higher on light volume seems to be the order of the day as we wend our way through another earnings season.
Benny speaks tomorrow, Fed minutes as well. That may move the market.