If the president's bill had unexpected positive surprises, we would have seen a nice jump in the market on Friday. That didn't happen. So for now, we are still range bound. The failure to reach resistance should be a concern. If the market falls back to 1120, we may get a bounce, but it could merely be a pause before we see 1030.
Following up on the Warren Buffet Trade of Bank of America
Not picking on Warren Buffett, because the deal he got with Bank of America is a deal no one else can get. Still, it has a striking similarity to his
investment in Goldman Sachs back in 2008.
Last Week's Best
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