What started off as having major possibilities for a significant sell-off, turned into a day where, at the end, the bulls were able to feel better about themselves. Durable Goods stunk, and New Home Sales were deplorable, nevertheless, the bulls justified the news enough to finish up about 0.33% on the day. Not bad considering
What a week! We saw the bulls get taken to the woodshed unexpectedly after everything appeared to be on the ‘up-and-up’. Once again, the bears have fought back and doing so right at the cusp of completely handing this market over to the bulls. Some great drama! The S&P broke both the 50 and 200
Here's my wrap-up for today, with some thoughts and comments heading into the employment number coming out tomorrow morning.
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