Upon looking at the economic calendar, soft data or less than expected estimates may agree with my analysis, though will a more than positive GDP and strength remaining in Jobless claims, and if home sales can remain somewhat in the range it has been, the stock markets will react strongly in a bullish manner. Though with the current trend as seen in the past i feel things can only be near the same conditions ( as slightly better conditions) or a continued lagged
weakened effect of economic data. What i mean by this is that things are indeed improving but the data coming is not current and may reflect poorer conditions in the past. Regardless the markets will react to this news. Though i would hope by now all the professionals have at least priced in some bad news...
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