Technical
Monday Morning Chartology
The S&P remains within its intermediate term trading range. I have added a short term trading range marked by the late November lows and the late October highs. As you can also see, the S&P is trading ever so slightly above the down trend off those October highs.
GLD--what’s not to like?
The longer that the VIX stays below the upper zone of its trading range, the more positive conditions become for stocks.
Shanghai index update:
http://advisorperspectives.com/dshort/guest/Chris-Kimble-111202-Shanghai-Index-Update.php
Fundamental
The latest valuation analysis from Doug Short:
http://advisorperspectives.com/dshort/updates/Market-Valuation-Overview.php
And:
http://advisorperspectives.com/dshort/guest/Forecasting-the-Market-Chris-Turner.php
Europe’s choice (medium):
http://www.zerohedge.com/news/guest-post-its-your-choice-europe-rebel-against-banks-or-accept-debt-serfdom
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