Stocks were in bounce mode today, off some fairly decent support below as indicated on the charts. Let's see if they can follow through tomorrow and make a dent in some meaningful overhead resistance, or if this was just a flash in the pan.
The economic news is not particularly good, and the smart money continues to shift out of equities from the statistics that I have been seeing.
That, however, does not mean that the algos will not take a crack at the bear specs if they start directionally leaning to the short side.
I comfort myself in knowing that I have the privilege of never, ever voting for Hillary Clinton, no matter what. That in itself is a consolation.
Have a pleasant evening.
