Hello traders everywhere! Jeremy Lutz here with your mid-day market update for Monday, the 10th of December.<br /><br />Stocks are seeing modest strength in mid-day trading today. Upbeat data from China has been partly offset by political uncertainty in Italy.<br /><br />Reports showed that Chinese industrial output rose 10.1 percent year-over-year in November following a 9.6 percent increase in October, while annual Chinese retail sales growth accelerated to 14.9 percent from 14.5 percent.<br /><br />However, uncertainty about the political situation in Italy following news that Prime Minister Mario Monti intends to resign has helped to limit the upside for the markets.<br /><br />Monti's decision to step down came after he lost the support of former Prime Minister Silvio Berlusconi's People of Freedom party. Monti said he would try to pass a budget for 2013 before resigning.<br /><br />Let's see what the Trade Triangles say about the markets today.<br /><br />Every Success,<br />Jeremy Lutz
