Today, and the week, is likely to be filled with cross currents until we get to the NFP on Friday. Thinking today begins with a modest pullback but buying to come back later in the day.
The equity markets cooperated yesterday by being bid but my concern about inability to push to new highs was validated. After the close yesterday, both Apple earnings and the API crude inventories put pressure on futures overnight. Still think the theme is modestly higher in S&P 500 but probably need to wait for the FOMC […]