Thursday, December 15, 2016

FRIDAY 12/16/16; German 2-Year Yield at Record Low -0.80%; OpEx Quadruple Witching; Housing Starts; Dow 20K Watch Continues

US futures are flat to higher. S&P +2. Dow +22. Nasdaq +6. Euro 1.0417. Euro/yen 123.19. Dollar/yen 118.26. 

[Text is redacted. Purchase the 2016-12 chronology to enjoy December's economic and market history.]

prints an all-time high at 19966 this week coming within 34 points of the psychological milestone. Trading floors are well stocked with Dow 20K hats ready to celebrate the event that everyone expects at any time. Will happy heads display the Dow 20K caps next week or will the hats collect dust in the corner?

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