HIGH:1924.75
LOW: 1892.50
LAST: 1921.00 UP 9.75 Handles
TOTAL VOLUME: 2.35mil ESH, and 10k SPH traded in the pit.
MOC: BUY $700mil
FOR TOMORROW:
Stanley Fisher Speaks, NFIB Small Business Optimism Index, Redbook, JOLTS, 3 year note auction, and Jeffrey Lacker Speaks.
North Korean nukes, B-52’s, and China’s ongoing problems overshadow the S&P’s.
The ESH has sold off 175 handles in 2016 – that’s 1.9%, not quite 10%.
Crude Oil down to 30.88, that’s a 12 year low.
Last week the markets were so buys no one even thought about the jobs number until Thursday. It was so busy today no one talked about the earnings.
1850 or 1950? I think the latter, and if we get the turn around tuesday rip, it could be 1960-1970 – I cant rule out another drop, but I think we rally into the January options expiration, the bus is too full…
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