Markets push to higher highs today!
In (un)related news:
GDP cut to 2.4% from 3.2% in 4th Quarter. Bad weather continues to be the scape goat.
Fed Chairwoman Janer Yellen rehashed her previous comments this week, but did add a note of concern for recently deteriorating economic news.
Pending home sales just 0.01%, versus 2.9% expectations. That’s a miss.
S&P500:
We have moved higher, but are quickly en crouching the weekly channel resistance.
Of equal concern, volume increasing on sell offs, and decreasing on rallies.
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