Early to the Party?
Fridays QQQ rally is a BEAR Bounce
Economically…nothing has changed. Fridays ISM number for December was 49.6 vs Novembers 56.5. This is a crash in New Orders. Yet, Fridays Market close didn’t represent the ISM crash number. The last time we saw such a gap down was in 2008. Remember the results of that?
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