Even with todays slight losses, the digestion of the enormous gains the two days prior is commendable. Perhaps Santa was employing the Apple Iphone’s old misguided map system, as he delivered the jolly gains about a week late. There does seem to be a lot of euphoria in the air. Chatter of China on the mend, Europe firming, employment data strengthening, housing’s continued recovery, fiscal cliff averted, etc, etc. Maybe the easy money has been made. Or are we at Read the Rest…

Sign Up to Continue Reading