May Day
Strong bullish action today, especially on the Nasdaq and in the financials. Energy, gold, and volatility all getting plowed. Over the next few weeks, the big question seems to be whether the market will roll over right here, will push against overhead resistance awhile longer before turning back down, or will just defy economic gravity.
Otherwise, no other commentary or trades today. Working people are people, too. This is labor day everywhere around the world except in the U.S., Canada, Australia, and New Zealand.
Thu, May 1, 2008 | Jared Woodard
Market Commentary, More to Life, Politics