18 December 2015

SP 500 and NDX Futures Daily Charts - Out On the Lows For Option Expiry

The Current Account Balance came in worse than expected due in part to the stronger dollar, which like rate increases is one of the lesser things one might prescribe for a shallow and fragile recovery.

If there is to be a late year push higher next week is when it must begin to at least stabilize for a rally into the New Year, and fatter bonuses.  Unless of course the Street has been taking The Big Short.

Have a pleasant weekend.