It appears that
our
expectation for a 3:35 pm rumor was some 45 minutes too late. No sooner than
headlines crossed the wires that:
- *U.S. HOUSE SAID TO PLAN 6:30 P.M. SESSION ON DEC. 30
- *REPUBLICAN AIDE REPORTS FROM HOUSE MEMBERS' CONFERENCE
CALL
then stocks ramped instantly to their VWAPs and beyond... efficient markets?
whocouldanode? This way at least, when nothing happens on Sunday night, as
nothing will (
as it comes three days before Boehner's
reelection), the flashbacks to the TARP 1 vote will be front and
center, but the good news is that the downside will be limited by the
limit
down barrier in ES.
S&P 500 futures...
AAPL...
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