The Russell 2000 achieved the 800 level that Clive Corcoran indicated would act as a target/attractor for the index. The reversal and 1.6% decline yesterday would seem to suggest that the micro caps may be in need of a pause to refresh.
The person lumpenproletarian can't easily increase his income. So if he wants to improve his financial circumstances, all he can do is to work on the expense side of the ledger, not the income side.
The stock market indices gapped up and then slid all morning until midday when they hit their session lows. In the afternoon they rallied back to bring the indices back into a mixed position.
The big picture that is evolving in the SPDR Gold Shares (GLD) shows that yesterday's high represented the third failed attempt to hurdle and sustain above 139.
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