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Like I said yesterday no arguments to thinking that but those numbers were not good and feds out of ammunition.

Ouch

Wouldn't be the first time :). Trend is still up so no arguments from me.

Mkt keeps trying to get through the low 20s. The more it tests that level the higher prob it breaks through.

Shorts loading up right now with that 4k size bid at 30.5

if price can get and close below 23 could get some momentum to get us down there

nice one vol

reduced

monthly SPX

33-35 looks to be strong resistance imo

fib retrace levels using low from fed meeting to all time high: 1813.75 (38.2%), 1803.75 (50%), 1793.50 (61.8%)

And min wage jobs are part time jobs as well. The data is skewed in comparison to pre financial crisis as a feel good factor. Jobs are not easy to come by these days especially if u r older.

This is spot on advice.

1st 2 days of jan down...not typical of 401k money inflow but then again that is probably what they want the little guys to think so probably heading higher next week.

Good trading ammo :)

I've never looked at it so have no idea of validity.

jobs are not easy to come by these days but I guess it all depends on the line of work u r in; jobs #s and rates released monthly are BS; just ask anyone that has been out of a job for the last 5 years and continues to look. trading and working a diff job versus just trading as sole income is...

Will absolutely be an interesting year. Read somewhere that if mkt is down after first 5 trading days higher prob of a down year.

happy new year all

SPX monthly reduced. can always overshoot.