We got the Chicago PMI and the more important CONSUMER CONFIDENCE.
A good reading will send the DOW jones up 1% in my opinion.
Today’s action once again shows that BULLS are stronger than BEARS and the sell off was mostly done by traders who were shorting the market and had to cover.
Financials, the laggard, finally led the market. Could this be a change of position? I think Financials will lead the next leg of the stock market rally!
The APPLE store at the west side of NEW YORK.
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