sp'60min
Summary
I'm not really expecting anything of note today, other than a general opportunity for the market to battle moderately upward. There is more chance of new highs tomorrow, when there is heavy QE-pomo.
I realise some are still seeking a C wave lower, but really, where is the downside power? Bears look weak.
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Notable early gains in all the momo stocks...
FB +35 cents..with 52/53 viable by the weekend.
Similarly, I'm looking for TSLA to battle into the 150s before the Friday close.
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Video update from Mr Carboni...
..who is surprisingly bearish, at least for a day or two.
9.44am.. a few pts lower to sp1800..but really, where is the downside power going to come from today?
9.50am.. hmm, a snap lower..1797.