News Cycle Was A Dud
The table was set for a big move one way for the other and here we sit.
PRE-OPEN MARKET COMMENTS THURSDAY - A few weeks ago I was watching the price action and we had good movement both ways. Buyers and sellers were able to move the market and there was a "window" setting up. Yesterday the FOMC Statement was released and we had a major round of mega cap tech earnings. This morning we got our first look at Q4 GDP. This news had the potential to move the market higher or lower. Unfortunately, this has turned out to be a great big "nothing burger" and the last big piece of news will come from Apple after the close.
Daily Bulletin Continues...