Nothing has changed the uptrend except for the overall strength of the market might be showing it is getting ready for a rest. Although there is the continuation of polar opposite analysis of the political agenda in Washington, obviously Fox News and CNN have dramatically opposite reporting, the underlying factor is demonstrated by the overall market trend. This is much more important for analyzing results because the buying and selling of the markets are the actual decisions being made versus the political commentary of the media. Investor confidence remains bullish. The expectation of the retail sales for Christmas is another sign of whether the economy is strong or weak. Observe the obvious, when the checkout lines are excessively long, people are spending money.
December 14th Daily Market Comments
Nothing has changed the uptrend except for the overall strength of the market might be showing it is getting ready for a rest. Although there is the continuation of polar opposite analysis of the political agenda in Washington, obviously Fox News and CNN have dramatically opposite reporting, the underlying factor is demonstrated by the overall market trend. This is much more important for analyzing results because the buying and selling of the markets are the actual decisions being made versus the political commentary of the media. Investor confidence remains bullish. The expectation of the retail sales for Christmas is another sign of whether the economy is strong or weak. Observe the obvious, when the checkout lines are excessively long, people are spending money.