Im wondering if he is going to be able to steal Xmas or perhaps Obama, Bernanke and Geitner have shipped him down to gitmo to make sure that no SPUZ are ever sold. One market that is under selling pressure are US Treasuries - structurally a good short b/c the US has to keep selling inorder to keep up with our governments never ending spending - some resistance areas on yields were breached yesterday - watch this market as the debt markets size makes our stock market seem like a silly little kid.
The master beta names are all bid up this AM as the algorithms warm up and get ready to do todays work.
Gold is weak again as are treasuries - stock futures have a green light again popping $5 bucks and why not the grinch is in gitmo.
Have a good day
JB
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