At this point, what difference does it make?
Apparently, the downside in the transports index (12 days) is the worst since 1969. Another negative bullet point: Factset estimates earnings will be lower by 3% this quarter, yet stocks seem to be doing well.
Meanwhile, SAAS stocks are +2% this morning and I have too much cash. Time to look for some longs.If you enjoy the content at iBankCoin, please follow us on Twitter