Monday, November 19, 2012

Monday Evening

A little something for everyone today.  While it looked very green on the heat maps there were 95 new lows and only 127 new highs.  (Finviz home page)  The market hesitated at 3:30 but when it didn't sell off the traders decided it can go higher for another day and bought heavily into the close.

Monday Afternoon



Between some happy talk between Democrats and Republicans, Israel not yet in full attack mode and the POTUS wandering around Myanmar the market is jerking a knot in the bear's tails.

Be careful as a change in "cliff speak" or Israel's actions in Gaza could reverse everything.  I don't think the POTUS will be an issue as long as he is eating Thai food and enjoying his taxpayer paid tour.

Monday morning