Good morning Team Rainbow from Dartmoor. Yesterday's pull back in the stock market leaves everyone wondering if it is the start of a greater fall or a corrective part of a new bull leg. We are entering a positive period seasonally for stock markets; usually investments made on 22 - 23 November see a bullish phase to end the year (the Santa Clause rally). That means we have another week to go! It may be we do get a further fall in the next week which would then set up a year end rally.

Today's economics: US TIC long term transactions at 2pm, followed by industrial production at 2:15pm.