If They Don’t Go Down On Bad News…
The US markets remain in neutral territory today. What is encouraging is the way the market is shrugging off a number of earnings misses, especially from technology leaders. There’s an old saying “if they don’t go down on bad news, they’re likely going higher”. Another couple of days of missed earnings followed by higher market prices would be a good sign for the short- intermediate term.
Today’s Potential Opportunities on Further Pullbacks: