Due to high fever, strep and minor hallucinations, I am unable to video tonight. Oh, by the way, I got a flu shot for the first time in my life and I never felt worse. Everything’s a lie and a scam.
We got some “not so bad” news on China trade talks today and it looks like the government won’t shut down again, so that was enough to bring out the animal spirits today. Maybe some of the FOMO crowd will kick it into high gear as we approach options expiration by weeks end.
The SPX managed to close about a buck above its 200-day moving average. Now it needs to stay there and build on that level.
The Nasdaq is sitting right under the 200-day ma.
