Still going up – kind of. Sure we posted a record high on Friday, with the S&P closing at 3,943.34 but we hit 3,950.43 on Feb 16th (right after the holiday, when it was super-slow) but we were also hitting the 3,930s the week before and the week after so, unless we are going to sustain this level for a couple of weeks – this could be the double top to the rally we've been waiting for. Biden is coming on TV at 1:45 to discuss all the exciting ways we can spend $1.9Tn but that gift has been given – " What have you done for us lately? " is the question the markets will ultimately be asking . IN PROGRESS
Still going up – kind of.
Sure we posted a record high on Friday, with the S&P closing at 3,943.34 but we hit 3,950.43 on Feb 16th (right after the holiday, when it was super-slow) but we were also hitting the 3,930s the week before and the week after so, unless we are going to sustain this level for a couple of weeks – this could be the double top to the rally we've been waiting for. Biden is coming on TV at 1:45 to discuss all the exciting ways we can spend $1.9Tn but that gift has been given – "What have you done for us lately?" is the question the markets will ultimately be asking.
IN PROGRESS
