Has nothing to do with economic data Supreme Court over ruled campaign finance laws This is VERY BIG NEWS
Prolly pre-release of Obama speech text http://www.cnbc.com/id/34966230 As Becky Quick would say, "The market is making a face."
Agree. I still need ES to touch 1175 at the very least. 1200 would be better still. But it doesn't matter.
You generally do not get a 137K+ (preceeded by 2 other 100K+ bars) bar on the ES (5min) without news or some sort of fat finger, but it does happen sometimes for no "apparent" reason other than normal activity.
China tightening Greece Sell-the-news on financials and now this: http://www.zerohedge.com/article/game-over-ben-game-over and this: From Dow Jones: WASHINGTON (Dow Jones)--The U.S. Senate is "unlikely" to hold a confirmation vote on Federal Reserve Chairman Ben Bernanke's second term at the helm of the central bank, a senior Democratic leadership aide said Thursday. Earlier this week, leadership aides said it was possible lawmakers would seek to vote on Bernanke's confirmation on Friday, but that now seems doubtful, the aide said. The Fed chief's four year-term ends on Jan. 31. It is unclear what would happen if the Senate fails to approves him for a second term before then. Bernanke is widely expected to be confirmed once a vote is held, but there are a handful of lawmakers preventing the Senate from moving directly to a vote. One of those, Sen. Bernie Sanders, a Vermont Independent who generally votes with the Democratic majority, is pressing for President Barack Obama to withdraw Bernanke's nomination and select another candidate to lead the Fed.