Buyers Don’t Care

The market has been able to deflect bad news and it is within striking distance of the all-time high.

PRE-OPEN MARKET COMMENTS FRIDAY - This week the market has been able to fend off bad news. The drop from a hotter than expected CPI was snapped up Wednesday. Yesterday's PPI was also hotter than expected and the market didn't flinch. It opened strong and it rallied the entire day. This morning Retail Sales dropped -.9% (-.2%) expected. That was a big drop from the .7% reading last month. The market is trading higher after the release.

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