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The various sectors of the markets have been a bit tricky to identify strength-wise in the short term. I'll show you what I mean...
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SPX - With this set up, I wondered if we saw an Early dcl. We had the trend line break and a move below the 10sma. If THAT shallow pull back is all we got, this little rally could become quite the threat moving higher.
But...
Read MoreI heard that Janet Yellen had lunch on Tuesday and spoke quite a bit about...never mind, lets just say that she spoke quite a bit.
Some things that I heard seemed to contradict other things that she said, but we see from the moves mid day onward, the markets received it positively. There are some very interesting developments...
Read MoreMonday saw many areas of the markets doing pretty much what was expected, pulling back, consolidating, and just plain ole bouncing around.
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