- For those that follow fundamentals...a good representation of the general business cycle.
- Overall, it's reasonable.
- I wonder how it is being affected by the manipulations of the Federal Reserve's Quantitative Easing.
- Currently, we seem to be somewhere in the Stage 4 (approaching Stage 5 phase)???
- Trendlines and sentiment readings from previous post are still in play. It's been a slow upward grind which is always a challenging environment.
- Time will tell.
Midweek tedium
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US equity indexes closed on a positive note, SPX +23pts (0.4%) at 6061.
Nasdaq comp' +0.2%. Dow +0.7%. The Transports settled +0.2%. R2K +1.1%
SPX - dail...
32 minutes ago