Equity futures opened higher on Sunday but have eased back to about unchanged from the Friday close. I lean to the market pushing higher today but do have to be mindful of the possibility of a lower high set in globex if the market starts to give up ground this morning.
The equity indices took the FOMC news fairly well yesterday. I admit that I was thinking that the S&P 500 would have dropped a little more before climbing back but instead lifted from the first support. What now? Assuming a last punch up to new highs to finish the short term pattern. Stepping back, still […]