The market has been a big tease the past few sessions, not really tipping its hand in which way it wants to break over the next few days or so. Many are looking at the jobs number tomorrow. As always, I will be focused on the market’s reaction to microeconomic data in lieu of the data themselves.
You almost have the sense the market is setting up a large number of traders for a major trap here.
What to make of it? Be sure to check out my five-minute video market recap after the bell…
