Good Morning Traders and Investors,
Not much to report again - the EUR gained some strength against the dollar, but still very near recent lows.
The SPX is very near recent highs as it looks for 1200 and the Dow looks for 11,000 - what a calendar year it has been!!
**Not much has changed in the charts on the major indexes - more buyers than sellers.
**Not much has changed in the recent past in forex as the topsy turvy action continues - every currency has become its own entity and NOTHING seems to be running together. Makes for a difficult trade, but at least there are some moves/counter moves.
**The bond market got crushed, sending rates higher
So it is a pretty lackadaisical Friday with low volume, little econ data that moved the markets and overall tight ranges.
Until Monday it is and remember, we have a lot of economic data next week, including the all important jobs number on Friday.
Have a great weekend as there should be over a foot in the Cottonwoods! Get it while you can!
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