Of course, no one thinks to ask why we need (constant) intervention - that would be inconvenient.
On the day, as we broke to highs of the day late afternoon at S&P 1240, we spiked on an additional 7 points in short order. It is incredibly clear how technicians are ruling this market. No surprise when it's so headline driven.
This 'best day in years' follows the 'worst Thanksgiving week ever" which followed 'one of the best Octobers ever' which followed....
Well you get the point
Bipolar.
EDIT 4:55 PM - the headline refers to the DJIA only ;)
