I enjoyed seeing the unpredictable occur in the market today – for far too long the market has been making a nonsensical climb to new highs, and when there is a sell-off by mid-afternoon, any bearish sentiment has been watered-down by the buyers on the dip. So for once, it was nice to see the
Overall, it was a pretty quiet week until Friday hit. The jobs number showed that the job losses may be starting to slow a bit (but that doesn’t necessarily mean that they are finding new jobs), and also exceeded analyst expectations – which allowed for the market to act in kind, and allow for the