The bad news hitting the tape has not forced the SP500 to crack, folks are very pleased.
Bad news
- Oil crash, increased risk of debt accidents;
- Swiss peg break to the Euro, funds blowing up;
- US retail sales, fundamentals don't matter any more.
The ECB is buying more stuff, the game of musical chairs moves on FED to BOJ to ECB. A Citi bank analyst, has stated that world wide markets need $200 to $250 billion a quarter to 'NOT CRASH', so far the order has been met.
This cycle continues to work and should show a risk on market by the end of Jan 2015.
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Investing Quote...
...“My satisfaction always came from beating the market, solving the puzzle. The money was the reward, but it was not the main reason I loved the market. The stock market is the greatest, most complex puzzle ever invented – and it pays the biggest jackpot…it was never the money that drove me. It was the game, solving the puzzle, beating the market that had confused and confounded the greatest minds in history. For me, that passion, the juice, the exhilaration was in beating the game, a game that was a living dynamic riddle"..
Jesse Livermore
..“If it’s obvious, it’s obviously wrong.”..
Joe Granville




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