The Wheels Are Already Off The Bus

A year ago, stocks held up until Dec. 31st, and then the wheels came off the bus. The slight difference today is that the wheels are already off the bus...

The PBOC has given up defending the currency other than holding the new lower level for a few hours...

Oil is back to where it was a year ago...

Internet stocks are where they were at the end of December, on a relative basis...

JP Morgan is coming off its high

The dollar is looking tired...

USDJPY

Dividend stocks are deciding when to catch down to Treasuries...

Mind the gaps...