PRE MARKET
Another strong day. At this juncture, our writing becomes less is more until things change. NASDAQ/NDX almost at old highs…which amazes and at the same time, doesn’t. We have seen wild swings for quite a while in the market.
We would love to see a settling down as we move into meat of resistance. It would set things up better for potentially higher prices.
New fedhead speaks today but nothing changing. Will continue to have ridiculous easy monetary policy with Europe and JJapan still printing and have negative rates.