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Andrew Keene of Keene on the Market review markets action as the S&P 500 has round-tripped to its January 15 all-time closing high.
Let's take a peek at the overnight and early-morning price action in the major asset classes. The rundown: S&P futures up 7; Nasdaq futures up 18; Nikkei down 0.45%; China Shanghai down 0.28%; European markets up; euro down; crude up $0.45; gold dow...
Contributor Ken Shreve takes a look at economic data and earnings reports scheduled for the coming week.
We are seeing classic 'out of position' action this morning and conditions are good for it to continue.
It would be nice to see more confidence and aggressive buying before jumping in further.