The best thing we can say about this week is that it's almost over. To that end, today let's try to summarize where we are and what has changed over the past two weeks.
It was just two weeks ago that Jerry seemed lost, rate hikes were finished and the regional bank crisis was worsening. Now, all of those issues have been cast aside. The POSX is rallying, interest rates are soaring and all commodities are in the dumper.
Will this latest one-step-back, wash-and-rinse ever end? Of course...and very likely with another "higher low" on the chart. For now, though, the daily...
