sp'daily5
Summary
*awaiting an array of econ-data this morning.
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So... a very strong opening is due... and as I noted yesterday, there is no doubt... there is clarity.
We're headed to the sp'2100s... and probably... far beyond this spring.
There can be NO excuses for any whining or complaints from the equity bears... there were plenty of warnings... not least from yours truly.
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Update from a not surprisingly 'I love Aunt Janet' Mr Carboni
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Have a good Thursday.
8.58am sp +28pts.... 2040. That makes for a clear 3.5% gain from the Tuesday close... we'll pushing higher.. and it ain't gonna stop.
Notable gains, ERX +7% in the low $59s.... XIV +5% in the $33s. SPXL +4% , $85s.
9.08 Oil cooling a little, but still +1.7%. The $60 threshold will give full clarity of a short term floor. A year end close in the low 60s looks likely.