the markets all about fear and greed, lots of money to be made when you know what to look for...good luck to everybody, staying in on the q's to 44.50
Commercial RE is getting ready to lay a big, fat smelly turd on the market. No bottom until that happens.
The most heavily shorted sectors (financials, homebuilders, retail stocks) close either well off their lows or in the green on above average volume. What on earth does this have to do with Friday's NFP? The only point I tried to make is that if this "feels" like anything then this is a bit of short covering rather than panic capitulation followed by a "big" reversal.
let's see if we can follow through a bit to take us to the 20 day exp ma and hopefully close above it...