SP 500 and NDX Futures Daily Charts - Complacency 'R Us

"People of privilege will always risk their complete destruction rather than surrender any material part of their advantage."

John Kenneth Galbraith

But not everyone gets in on it. 

Have a pleasant evening.

Elizabeth Warren On the Colbert Report

For non-US readers, and those unfamiliar with him, Stephen Colbert's persona on this show is a parody of a corporatist talk show host.

In times of general deceit, the truths are told in cabarets and comedy.

Gold Daily and Silver Weekly Charts - The Usual

The capping in the metals is obvious.

There is no economic news or theory that is needed otherwise to explain it.

The question is how long it can last.

Have a pleasant evening.

SP 500 and NDX Futures Daily Charts - Complacency Rules

This is a light week on the economic calendar.

Stocks resumed their upward drift today led by the momentum stocks and speculative plays.

Have a pleasant evening.