Stocks finished off a very poor weak with a bang as a last minute meeting between Obama and a host of folks from Congress fell on its face as it was reported Obama offered no new compromise. This took stocks from a modest bout of selling to an acceleration into the close, almost the exact opposite of what happened Thursday in fact. In the after hours session futures took another dive as the bad news digested but the time between Friday evening and Monday morning is vast with a lot of developments that may (or may not) occur over the weekend. At this point markets just remain in the hands of the politicians. The S&P 500 fell 1.1% and the NASDAQ 0.86%. Original post: STTG Market Recap Dec 28, 2012