SP 500 and NDX Futures Daily Charts - Quiet Day with Upward Bias

No surprises here today, a quiet day of trading with an upward bias.  I suspect most of the adults have already taken off for the holidays, leaving juniors in charge with some strict instructions not to mess things up.

The economic news came in weakly, but these things do not matter so much when bonuses are being shaped.

The level of discussion and subject matter in the Americans news media is generally shameful, and embarrassing.

I would expect this week to walk quietly into Christmas holiday. Something might happen, but otherwise we are seeing the usual theft and lies in unworthy commemoration of a great event.

 

 

 

 

 

 

 

 

 

 

With a Little Help From My Friends

John Robert 'Joe' Cocker, 20 May 1944 – 22 December 2014

Out of the images and the shadows, into the light.

 

Moyers: The New Robber Barons

"I can hire one half of the working class to kill the other half.”

Jay Gould, aka the Mephistopheles of Wall Street.

Dietrich Bonhoeffer: Von Guten Mächten - By Gracious Powers

Von Guten Mächten, By Gracious Powers, is a prayer written by Dietrich Bonhoeffer in December 1944, shortly before his execution by the SS on 9 April 1945.

 

His powerful words of faith were put to music, and became a hymn that is still sung in Germany today.

 

As for his executioners and their legacy, ubi sunt, where are they now?

By gracious powers so wonderfully sheltered,

and confidently waiting come what may,

we know that God is with us night and morning,

and never fails to greet us each new day.

And when this cup you give is filled to brimming

with bitter suffering, hard to understand,

we take it thankfully and without trembling

out of so good and so beloved a hand.

Yet when again in this same world you give us

the joy we had, the brightness of your sun,

we shall remember all the days we lived through

and our whole life shall then be yours alone.