For those of you who are into patterns, this chart may be a bit jarring. It comes from an excellent presentation on the state of the markets published by JP Morgan Funds’ David Kelly. From the looks...

UPDATE (8:52PM ET): Futures are off of there lows.  But they’re still low. Dow futures are down 182 points, and S&P futures are down 19 points. Here’s a look at Dow futures via FinViz: UPDATE (8:22 PM...

Despite the fact that the Chinese government is approving more investments in hope that it could reflate the economy, many including ourselves are not hugely impressed, particularly as the country has already been over-investing. We noted that...