I think everyone thought there was going to be an election overhang and as a result of that, a lot of people had money sitting on the sidelines. The fourth quarter is generally pretty strong for stocks, and that proved true this year as well.
The market is at or near the top of its trading range. So it would need to be a really strong (payrolls) number to get the market continued on its bullish ways. Right now, I just don't think that pattern is going to happen.
The market is at or near the top of its trading range, ... So it would need to be a really strong (payrolls) number to get the market continued on its bullish ways. Right now, I just don't think that pattern is going to happen.