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Well, if this is still a bear market, the Dow Industrials never got the memo. It is barely lower than its lifetime highs, and it has wrecked the modest series of lower highs that had been in place. So we’re in a no-man’s land again with this one. Here is the fund symbol DIA:
In the world’s most predictable outcome, anonymous-gay-sex app Grindr’s SPAC offering has been a complete disaster (in sharp contrast to the 100% of other SPAC offers which have been merely utter train wrecks).
As you might expect on a half-day following a major holiday, it isn’t exactly a riveting scenario for the trading day ahead. All the same, here we are, and let’s take a brief look at what’s happening pre-open.
The S&P 500 futures are up a tiny bit. They approached their recent high but failed to break out. At this point, the psychologically-important big round number 4000 is short-term support.
