SP 500 And NDX Futures Daily Charts – A Cold Shot Baby

There was quite a bit of talk today about the Sony hack attack, and some gossipy emails about some fellow calling Angelina Jolie a ‘spoiled brat.’   This is a major preoccupation today on Bloomberg TV.

Maybe if the same guy had written some snarky emails about the homeless and the hungry, the ongoing collapse of the middle class, and the pervasive culture of fraud in high places, we might have heard about that.

Hey did you hear the one about Jamie Dimon calling Malala a spoiled brat?  Malala.  Is she on Survivor?

Well, at least they did not have to spend any time talking about serial perjury and gratuitous torture for its own sake.  Or the general chaos into which the Anglo-American empire is falling.

We are all Kardashians now.   Cultural vacuity and financial fraud are our major exports.

Stocks took a cold shot today, with a half hearted attempt to rally giving way to end of day selling.

If one looks at the retracement levels, this is just a minor correction back to support so far.

Let’s see if we get a bounce that stick here. I lost my index shorts early on today, and will have to think hard about getting back in on that.

Have a pleasant evening.

 

 

 

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Author: Travis Esquivel

Travis Esquivel is an engineer, passionate soccer player and full-time dad. He enjoys writing about innovation and technology from time to time.

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