The drop in the S&P 500 yesterday was yet another buy the dip moment contra to my expectation. I wasn’t expecting anything particularly dire at this point, but thought the day would be a consolidation. I am not yet convinced we have a green light to push the SPX into the 2581-2588 range though that […]
Equity futures are down overnight. We will see if they can finally get the wave (iv) correction started.