Merry Cliffmass: The S&P 500 futures fall off a cliff… the fiscal cliff

5 min ES_F 

 Our elected morons in Washington have failed to come to a resolve on the debt issue. Because of this the S&P futures fell nearly 3 percent into 1391 from 1430 or so.

Tomorrow as you know is the ‘Supposed’ end of the world so what is happening is pretty fitting. Not saying this is end of world but the COINCIDENCE is quite appalling.

Long night and morning ahead. stay tuned.

1 min ES_F showing the drop into 1391.25

15 min ES

 

Related Hedge Accordingly Content
John Desimone, CEO of Herbalife, spoke with Bloomberg Television’s Stephanie...
Bill Ackman, Pershing Square CEO and Founder, spoke with Bloomberg...
H∆ Top10
Herbalife CFO John Desimone on Ackman: Big Bark, Small Bite: $HLF may sue
Ackman: We Spent Investors' $50M Probing Herbalife, $HLF's Nutrition Club Is 'Total Fraud'
Real-Time Charts
David Einhorn: WOULDN'T CALL STOCK MARKET RIGGED, TECH IS A SMALLER BUBBLE; MASSIVELY LONG TECH
Chesapeake Energy Chart
Activist investor Carl Icahn: Ackman on HLF are simply rantings of a sore loser
Is the $SPY getting a "Jump" at key levels from a quant algo? High Frequency Trading
Here Are Two 20 Year Charts Of The $SPY $SPX Following a RECORD SP500 Close Of 1,854
  Philly Fed President Charles Plosser: 6.5% threshold on unemployment is obsolete,  Stock market rising mostly on 'fundamentals.'
Deutsche Bank Co-CEO Anshu Jain: 'Europe is stable now…the ECB has done a lot to create stability"

Archives

wordpress stat
Hedge Accordingly by HedgeAccordingly is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.
Based on a work at http://www.hedgeacccording.ly