Last week was interesting, because for the first time in over a decade, the market actually responded logically to economic data. In other words, bad economic news hit on Tuesday morning, and blammo, the market fell hard.
The good sense didn’t last, of course, and from Thursday morning until Friday’s close, the market roared almost 1,000 points higher on the Dow, and about 100 points higher on the ES, based on……….nothing:
