It was a very good day in the stock market today and I wish I could tell you what drove it, but I try to steer clear of most of the news. All I can tell you is this, the Transportation reversed it’s downward trend and Bonds look very, very shaky. Look at the Weekly chart below on Bonds and tell me if a collapse looks eminent.
Had a 1.5 to 1.8% gain today across the C,S, and I fund so expect a little bit of a pull back and or profit taking Wednesday.
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