THE GOLD, SILVER AND OIL MARKETS ARE BACK...
STOCKS TREAD WATER ON FALSE HOPES OF MORE QE FROM THE FED...
BUT IF THE FED DOES MORE QE...IT WON'T BE CALLED QE...BUT SORT OF LIKE A "REVENUE ENHANCEMENT" FOR TAXES....
CORPORATE EARNINGS ARE NOT A FUNCTION OF THE ECONOMY...BUT RATHER THE WILLINGNESS TO USE CREATIVE ACCOUNTING AND CUT COSTS...AND FOR SOME THE MOVE OFF SHORE...OR SELLING TO ASIAN MARKETS...WHICH ARE RIPE FOR A FALL....
CONSUMER IS DOA... BUSINESS INVESTMENT IS PUNK...
THE ONLY GROWTH BEING IN THE ASIA BUILD OUT...WHICH IS GOING TO HIT THE SKIDS ON HIGH OIL PRICES IN THE US....
REALLY JUST A DAY TRADERS MARKET...