MONDAY 11/17/14; Japan in Recession; Hong Kong-Shanghai Stock Connect Link Opens; TSN; Empire State Mfg; Industrial Production; ECB President Draghi Says Buying Government Bonds is an Option; SPX and AAPL New All-Time Highs; URBN

At 7:36 PM EST Sunday evening US time (8:36 AM Hong Kong local time), S&P -9. Dow -72. Nasdaq -16.

Asian indexes are soft after the weaker than expected Japan Q3 GDP at -1.6%. Abe will be losing sleep this evening since 












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 popular retailer URBN reports a miss in earnings and trades lower. Scientific instrument maker A trades lower after its positive earnings release. GPRO trades lower after announcing a secondary.

Programmable device maker XLNX jumps higher after announcing a stock repurchase program. Buybacks fueled by central banker easy money send stocks higher. Too bad the money is not used for capital equipment or to hire employees. Instead, the Fed and other central banker policies continue to make the wealthy (that own stocks) wealthier beyond their dreams while ignoring the now lower-middle class and poor. The middle class from years ago has disappeared in America creating a new society of the ‘haves’ and ‘have nots’; the elite and the lower class.