I think it's good that thus far the market has been able to put back-to-back up days together and to hold on to those gains today.
The market has had a nice run recently, and we're approaching a critical point on the S&P 500 in the 1,210 through 1,220 range.
The market has had a respectable run-up since its January 24 lows, and today you're seeing some profit taking.
The market is at or near the top of its trading range, ... So it would need to be a really strong (payrolls) number to get the market continued on its bullish ways. Right now, I just don't think that pattern is going to happen.
The market is at or near the top of its trading range. So it would need to be a really strong (payrolls) number to get the market continued on its bullish ways. Right now, I just don't think that pattern is going to happen.