The Reformed Broker, AKA Sir Ticks-a-Lot, here with today’s Market Recap…
OK, listen up!
I want to see all the sectors who went up this week take one step forward…Not so fast Metals and Miners!
The 2:30 Look:
|Worst Performing Industries||% Change|
Jigginess is in the air this Spring, whether the fundamentals justify the rally or not. The Grouch Trade was a loser yet again this week, despite the fact that we’ve had a heaping bowl-full of weak earnings reports from just about every corner of the corporate galaxy.
Citigroup’s (C) earnings whitewash this morning couldn’t drag the markets down, and who am I to complain?
Have a nice weekend and thanks for reading The Reformed Broker this week.
In the meantime, I’ll leave you with Modesto, California’s own Grandaddy, doing a song about kicking open the front door after a long slump and greeting the world again with new-found gusto. They also sing about robots and fast food joints taking over their local landscape, great band.
Here is “Now Its On“…