1. First lets say we are about 2-3 days away from an intermediate high if not rather ultimate
( later one will play out in a volatile zigzag though) - with a positive close today for the SPX not considered yet. The fact that a far better factory order number could not trigger a rise is one of many warnings that the market has run out of power.
Check out the 10 bubbles in the following link
2. House prices droping again and Baltic Dry as well hinting to some disturbance in the power.
Submitted by Tyler Durden on 01/04/2011 08:46 -0500
When we noted last night that there was a Baltic fat finger index, we thought we were joking. Appears not. The BDIY has plunged by 4.5% overnight from 1,773 to 1,693, easily the biggest one day drop in a long time. And, more importantly, the index has just taken out the 2010 lows hit on July 15, when the BDIY last traded at 1,700. So in a normal world, one could argue, the fact that there no demand for shipping may actually indicate something. However, in this bizarro "5 year plan" politburo reality, this will likely result in futures once again surging as QE4.5 starts getting priced in.
3. Some fringe systems (weapons are already deployed for regular projects just imagine what the governments might have for different opportunities as the HAARP system is said to create many of the earthquakes.