Textbook Bounce

This market continues to provide a series of very shallow dips only to see buyers quickly return.

A textbook bounce of the 50 day moving average yesterday and the reclamation of the 20 day in the S&P 500 has people seeing all-time highs tomorrow if we get a good number on the CPI. No doubt, expectations for another bullish move on "can't lose Fridays" also helped.

Tomorrow is options expiration and along with working on this month's Q&A and the website issues (see previous posts), I will have my hands full. Hopefully you're having a much better week than I am. See you tomorrow.