Stocks Losing Their Luster

As central bankers loosen their grip of death, stocks lose their luster. And it's not happening only in the United States, either. It's a global rout!

Today's Headlines for Jan 30, 2014

GDP is solid, but weakening. This news is the main driver for today's 100+ pt. rise for the Dow.

Home sales collapse:

Unemployment claims show continued weakness:

ISM Revised Lower

Futures Sell Off Sharply Just Minutes Before the Open

Poised to Plunge

The financial markets are awaiting a Fed policy statement later today, but the Dow futures are down more than 90 points thus far today.

See Saw Day Ends In Lower Close

This news can't be good. When a bellwether like Apple disappoints, we would be wise to take notice. But during much of the day, stocks were rallying.