But that was Tuesday.
Since then, a slew of underwhelming economic data has come out. The stock market is now headed to its fifth consecutive week of declines.
As you know, I raised cash on Tuesday. I’m thinking a bounce is likely, maybe back to the 50dma. But we are mired in a 15 week trading range, and I’d even say that March low looks like an interesting benchmark, eh?
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It’s Friday. I’ll audioboo/podcast later. Sitting in cash, some low beta stuff, and watching my oil stocks lose their gains. LOL. OIL!!!
Time to lift weights. Slowing down this past week or so. I modified my routine a bit, so hopefully that will get me back into a rhythm.