Unless I have bad data, the dollar closed above the 10 month moving average on Monday. So scratch my previous comment regarding the currency.
Imagine of apple was down 5% today and missed earnings....the Dow would be off a cool 400+ points !!!! Apple couldn't even save the markets today!
Yes, imagine...but it never happens that way. There is always one heavily weighted stock that is goosed higher which keeps things from imploding. Been that way for a long, long time. Some might argue that it's a nice diversion so that the herd is more likely to have their pockets picked.
But can you point to anything at all (a study of some sort) that substantiates this - then I might agree?
No, nothing at all. In fact, I've decided that since I returned to this site, it's nothing more than a bunch of people wanting to start arguments, so I bid this place farewell. Take care.