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3.28.2017 Bookmark


Did you see it? You all know what I'm talking about....yesterday's late day ramp. 

After the rough open, where the DOW fell 190 points and the S&P was down almost 22, they clawed more than half  of that back by mid day. Then in the last hour, "there it was" as the S&P peeked into the green. The DOW got within spitting distance but couldn't make it. When the dust finally cleared, we had lost just 2 on the S&P and 45 on the DOW.  I had my hunch early in the day that they might try and take the market green and boy did they give it the old college try.  I figured they wouldn't want 8 red DOW days, but they just couldn't muster the oomph to get it there. So we did indeed put in our 8th red close, something not seen since....drum roll..... 2011.

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