The odd notion that the first five days of January
determine the course of the markets for the rest of the year is NOT being left to chance this year...!
The Market Masters are determined to control the float and assure that the market goes up for the first five trading days this January...
Now exactly WHO CARES is another matter entirely. Mom and Pop don't really care at this point.
Because, the underlying fundamentals of "the bull market" are near the breaking point.
Some one off news for the economy is:
1. Margin buying/debt is at an all time high!
2. American spent more than they earned in 2005 for the first time sicne 1933!
3. The leadership change at the FED looms large.
4. Gold and Oil are at or near all time highs.
5. The dollar weakness appears to be starting again.
6. The War in the middle east is no where near finished, and the cost keeps going up.
7. Punk job and wage growth is now the accepted "norm."
8. The Bond Bubble is ominious..and the inverted yeild curve is unsettling.
9. The Bubble Menality is alive and well in Google.
10. Kongressional Korruption is out of control with an election looming later this year...
