James "Rev Shark" DePorre
Recent Articles By The Author
Most of the recent corrections have started with strong intraday reversals on positive or benign news.
So far, the fears of a gloomy earnings season have not materialized, but most of the big guns have not yet reported.
We have some minor strength to start the day but earnings reports this week will be critical.
After what happened to Microsoft stock on its superb report we now have to be a little concerned.
There is no inclination to fight the Fed right now.