The Chart of the Day…

real-wages-and-salaries-real-gdp-ratio
 

Quick Glance at the Market Heat Map and Industries

Notables:

  • Utilities = Awful…Healthcare = Awful
  • Basic Materials – solid all around – Conglomerates were pretty good as well. 
  • My Gosh! What is going on with Independent Oil & Gas!?!

SharePlanner Compass:

Stock-Market-Compass-Full-Uptrend

What’s to worry when you have Chairmen in high places pumping money into your market… Just ask AIG

 

And of course…the RIDICULOUS!

This is why Campaign Finance reform that John McCain and what’s-his-face passed is such an utter failure. You take money out of the presidential campaigns, limit their fund raising abilities, and instead uncap these rogue Political Action Committees (PAC’s)that no one has a clue to who runs them, millions upon millions go into them with no limitations… and somehow that is good for our country!?! Here’s an example – Priorities USA – a scuzzy, under the radar PAC blaming a presidential candidate for none other than… you got it….. CANCER

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