29 October 2015

SP 500 and NDX Futures Daily Charts - Disorder of the Day

The third quarter GDP number this morning was a rather light 1.5%, and likely to be revised lower.

Stocks ignored the real economy, and were trying to hold their gains and push higher, most likely with an eye on the easy money flows from the central banks, and not on real world economic results.

This provides us some information about the broken and disordered relationship between Wall Street and Main Street.

Have some pleasant evening.