Its the last day of the financial quarter and I'm not to keen on getting in front of the bulls. Kirk at the kirk report claims that end of the quarter window dressing is less common the last couple of years. Volume still appears really light and the russell is the only index above the fifty day moving average.
Jason at sentiment trader is still bullish for the next couple of months and there is a big edge going into the beginning of april. Nevertheless, wall street likes the fall because the chase begins in order to get the end of the year bonus.
The curve continues to steepen. When are the big guys going to get out? Oh wait. Governments don't care about money.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment