Today's rally made very little rational sense, as is common of all things in the markets, was on low volume and certainly has pushed the envelope for the end of the month window dressing...as I see it, for each stretch to the upside to correponding pressure downward will increase...nothing has changed with regard to any of the comments I made on friday last week. I had not necessarily expected to get more entries into the current trades...but I wanted to share the current trades we are in for the Russell 2000 and S&P500, in case it may be helpful in these crazy times.
Companies Report Raging Inflation, Except in Wages & Rents
-
Companies tamp down on wage increases thanks to double-digit inflation in
employee health insurance, hurting real household incomes.
2 hours ago


