Tuesday Outlook: The Grinch Arrives Early

This is no way to start the holiday week is it? The only folks pleased by today’s action are those driving a Hummer and/or snowmobiling. This type of action is why Chicken Dave still maintains high cash balances at the ETF Digest.

Bulls will cheer the light volume today as no big thing but you should expect this type of action in either direction until trading resumes after the New Year.

I suspect tomorrow may offer more interesting action since at least there will be news from retail sales, consumer sentiment and final GDP data.

Below is Yahoo Finance’s numbers, and then our man in Geneva puts everything straight for us.






























































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