Loading ...Not taking us down hard again, course not letting us run up either.
This is the bull market pm’s live in. You get trashed on a Monday, and then spend the next four days trying to re-coup from the trashing with miniscule moves higher. This is in a pm BULL market. In a bear, we’d have continuous waterfall declines that would take us down for days/weeks.
So, if we’re lucky, we’ll get most or all of Mondays’ losses back by tomorrow. Then start the cycle all over again, maybe even try to get those bullish charts to play out, but that’s a stretch. I think Powell may speak to the House today, but not sure, and he said what he’s going to say yesterday. He shouldn’t be a problem.
Dollar flat, rates flat. QQQ’s higher as always. Bitcoin has gained almost 10% back this week. No problems there. Aladdin has things on autopilot.