Another dip bought
|S&P 500 flushed on poor ADP employment change, and it was essential to buy that drop, just as I told clients. Contrast that to today‘s better than expected unemployment claims – and just a decent little move lower in the immediate aftermath, with Russell 2000 (yesterday‘s winner) of course hit hardest.
Let‘s not lose the view of the bigger picture as shown below through USD and bonds charts, covered in detail for clients.
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