The Hall

[buckster71]

You are start to see the cracks in the upward motion.

This market is really struggling to stay in an upward motion.

The problem is the underlying macros can't help the market to break the previous top.

The only trade is that the FED is going to give out 500 billion to 1.5 trillion.

4% year over year PPI?

I still don't understand the CPI numbers and am going to spend today to try to figure them out, because it seems I spend a lot more for less these, even more than last year.

Apparel is down .7%....
Used cars/trucks down .7%

Medical care up .8%

Cancels the rest out at about .0%

This means that consumers aren't spending much on wants at all.