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SP 500 and NDX Futures Daily Charts - Life Imitates High School

IMG Auteur
Jesse
Le Cafe Americain
Published : August 14th, 2014
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Category : GoldWire

Stocks managed to build on their rally, despite some particularly ugly macroeconomic news this morning.

I seem to recall saying that it is hard to be too cynical about this market. It is running on low volume and algorithms that are largely focused on the short term technicals.

It is going to take something of significance to shake Wall Street out of its narcissistic love affair with itself.

As a reminder, tomorrow is an option expiration for stocks.

Have a pleasant evening.
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