Stocks under pressure.
Remember, several days ago I said on my video blog that the market needed to burn off a bit, or consolidate for another leg higher.
Powell talk this morning pushed stock futures negative.
Our current positions do not expire until Jan 21 and I remain in them.
I will keep you updated.
GM
The Dow Bro seems stuck at the 50% retracement & the SNP at the .618 retracement off the March lows. I ask fellow Lions-has this market topped until the next rate cut(s), QEI measures, and fiscal stimulus? My inclination is YES
Tomorrow new ATH, if not Friday.