Wednesday, December 7, 2016

End of December

That's about the next window to look for a "candidate top".  Oh, there have been so many!

The Fed hike next week is completely expected and will only retrace a bit of this final rally, taking us up again into year-end and the December New Moon.

Some day this war's gonna end.  And we will be there when it does.

SPX December snooze

10 comments:

Christian Gustafson said...

By Dec 28 all the profits will have been booked, the bonuses paid ...

Hugh Jazole said...

Yeah, we won't see any real fun until Q1 17. No idea where we'll end up. 2016 started around 2042? That or below seems like a lock.

Hugh Jazole said...
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Hugh Jazole said...

Mr. Mean's latest post is sublime BTW.

T.Berry said...

going to be a good 2017 hugh! you need to get on this side...still in the 4th inning... 12 new highs in a month and counting, only concern is economy overheating...don's 1trillion infrastructure could do that....... good luck

T.Berry said...

hey hugh 2042 is good entry if it would go that low..it wont' last so you better be quick : ) .doesn't reach the don low 2030 which is absolute worst case

Christian Gustafson said...

Please make a mental note of the SPX 1645 area. Thank you.

Bryan Franco said...

$VIX not confirming recent swing highs in $SPX as it has not had a new swing low relative to August.

Hugh Jazole said...

I'm sure you guys have read Agenda 2030 right? Interesting times ahead.

https://sustainabledevelopment.un.org/post2015/transformingourworld


Hugh Jazole said...

That would be soooo great if we got down to 1645. You were right about these new highs CG, so I have to respect your calls.