1) I expect a very quiet session as it "always" happens just before Christmas
2) A spectacular stat: In 2011 the S&P 500 traveled, close-to-close, 3193 points from the 12/31/10 close; the index itself has moved a mere 3.64 points YTD - now that is a hell of a noisy year!
3) Nouriel Roubini decoded the Durable Goods number, "Excluding the volatile military and aircraft components durable goods fell 1.2%, the worst since January"
4) Some of the best big cap performers YTD, Mastercard (MA) up 65 percent, Humana (HUM), up 62 percent, Chipotle Mexican Grill (CMG) up 56 percent and Intuitive Surgical (ISRG) up 75 percent;
5) Big caps that really underperformed year to date, Bank Of America (BAC) down 59%, US Steel (X) down 55% and First Solar (FSLR) down 73%;
6) I wish all the subscribers and regular readers a Merry Christmas!
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