High: 2014.50 Early Low: 1995.75 Late Morning 3:45 Cash Close 2003.75, 3:15 Futures close;
MOC: MIM was showing as much as $1.3bil for sale and flipped, actual MOC ended up sell $500 mil.
Tomorrow: GPD, Corporate Profits, RedBook, FHFA House Price Index, Existing Home Sales, and Richmond Fed Manufacturing Index.
So will it Ho ho ho, or Ho ho Haox at year end? Is Santa on vacation and not coming back?
I dont think so, and wasn’t day session a higher low?
Last Mondays low was 1983.75, Fridays low 1991.00 and today’s low was 1995.75, thats 3 higher lows in a row.
I don’t care about my year end call.. that’s kaput! But that doesn’t mean there isn’t going to be some type of year end rip, and it may have started on todays close.
Thin to Win takes Over: Including today there are 2 ½ trading days left in the week, and next week there are a total of 3 1/2 trading days next, with the exchange closed on Friday…We’re Running out of time.
I don’t think anything has changed; sell off, get everyone short and rally, that’s how this year will end.
All the big ups and downs, and the S&P goes out unchanged…