As we roll into the earnings reporting season, you're getting a little bit of caution.
Industrial production data is helping support some of the largest conglomerates today. But the trading is volatile and a bit distorted given the options expiration.
Conglomerates and cyclical companies have been on the spot lately and after today's industrial data, they once again became a good buying opportunity. But the trading is volatile and a bit distorted given the options expiration.