Wish we had more to say…futures down a wee bit as it looks like the market may be settling into some rangebound action. This is not bad at all. The market does need rest. The market does not to work off some froth. The good news is that while it rests, the action underneath for areas like the semis remain strong. Have a great weekend. Will have weekely wrap up for you on Sunday.
Futures down but that’s after being up another 300+ on Friday. We are actually in hopes of pullbacks. Markets need one or two to set things up better. Maybe this starts one. Most all early weakness has been bought so far. Massive amount of earnings next two weeks. Patience here. More tonight.
We are not going to complain about the fake China trade news that moved markets yesterday. We just want to concentrate on: The reaction was good…and now we have another little gap to the upside this morning. The DAX, the CAC and the FTSE break above the 50 day average this morning. This on top […]