"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
26 December 2014
SP 500 and NDX Futures Daily Charts - Santa Claus Rally
The trade was very quiet today with an upward bias from the first, and then a drift on diminishing volume.
Next week is likely to be much of the same, except *if something happens.*