[stock-ticker]
FACTS DON’T MATTER ANYMORE
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Jobless Claims Negative For Markets
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Atlanta Fed GDPNow 2.5%. Down from 2.6% last.
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MSM Admits Fed. Rigging Markets!
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SPX500: Bulkowski’s Bump-and-Run Reversal Tops
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Everyone is Just Holding ON hoping they can get through Year End
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Morning Note December 22, 2016
Thursday, December 22, 2016

SPX Flat, Dollar Down, Crude Down

Global equity futures are printing mixed at their highest levels in nearly a year with some analyst alluding to a blow off top US-scenario. Traders are battling with declining volumes forming liquidity gaps seen in the SPX prior end of day session dropping -30bps. Regional equity indexes in Europe including the CAC,DAX, and UK100 are flat ahead of the imminent nationalization of Italy’s Monte Paschi, as the European banking crisis flares up. Reflation trades in DXY and UST10Y have stalled since 12-15-16.

WTI is declining -67bps after DOE data reported a surprise +2.56mm build v. (-2.5mm exp.). On the flip side, Cushing and crude products modestly drew.

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The Setup Is Complete
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Risk Parity Fund is Absolutely Puking
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SOMETHING WICKED THIS WAY COMES
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