"Sorrowful will be those who draw out evil with cords of deceit,
And with ropes pull a legacy of sinfulness behind them.
Who say, 'Let the Lord make haste, and bring His judgement that we may see it.
Let the end times come, that we may know them.'
Sorrows will fill those who call evil good, and good, evil,
Who promote darkness as light, and call light as darkness,
And the bitter as sweet, and the sweet, bitter.
Woe to you who are so wise in your own eyes,
And clever in your own sight."
Isaiah 5:18-21
"Those who are at present so eager to be reconciled with the world at any price must take care not to be reconciled with it under this particular aspect: as the nest of The Unspeakable. This is what too few are willing to see."
Thomas Merton
"And because of the increase in wickedness, the love of most will grow cold. But those who stand firm to the end, will be saved."
Matthew 24:12
Stocks were steadily drifting higher on light volumes.
Barring some exogenous event, this is how they like to paint the tape for the end of year.
If the specs start leaning too hard on the melt up we might see a wash and rinse, after we see the big houses close their books.
Or before. It's always something.
The Dollar chopped sideways on the 96 handle.
Gold and silver were higher.
VIX of course dropped.
Underneath the markets, a simmering volcano.
Have a pleasant evening.
