santelli says rally through the new year...
art cashin says rally through new year....
of course doug Kass says spx up less than 5 handles today
Financial history doesn't repeat itself, but it often rhymes. You can't be stupid enough to trade off anything I say.... I'm lucky they let me out of the straight-jacket long enough to trade.
9 comments:
Rally thru the year? Grasso said that 4 weeks ago... and he was right. (Damn dago.)
If we can get doug kass to say that it will be unanimous.
I was thinking Adami, but it might be December 27th by that time.
if the market is not above 1112
he will be bearish.
It is above 1112.
BTW, a lot of indices at the grail set-up here. In one of T.Lo's trading system tapes, she say that it tends to bounce along the 20-ema for a while... and here we are. Is it a bull flag? Nobody seems interested in selling, so I doubt we'll see a grail fail (yet).
Prolly just bounce here all day. I see why see checks out til 2pm.
On the close
GDX short might be the only decent grail to look at here... but it may never get to the 20-ema.
Of course, GDX-short for a long term holding is pretty good.
If the jobs report is believed, I would think the reflation names and banks would be weak since the next meme will be "when are they going to raise rates?"
Bonds are already indicating this.
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