Well, they indeed did reward those who gutted out the retrace day here at the end. I would look for some continued strength into the close as they have the shorts on the run at the moment. I still don't like the quality of the rally but it's here nevertheless and you don't necessarily have to like something to work with it.
The Daily Dose of Trading Comments
Here you'll find short quips concerning the market mood and direction posted intra-day as the market dictates and time allows. You can find TATs strategy here. Comments here are from a trader who trades for a living.
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- The small caps are getting no lift today and that ...
- When I look at these markets right now, the only t...
- The end of quarter games are combined this month w...
- Although the markets have traded back to red, give...
- This is a pretty ugly reversal taking place in the...
- We have witnessed reversals now in both oil and go...
- If I'm looking at this market as an oversold bounc...
- The early breadth is solid but volume is not huge....
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