We jump up yesterday, futures down heavy all morning, do we go back down today?
MS posts a much larger than expected loss, did they go down today?
Does the past week not look sneakily bullish to you?
The answer to all of these questions is a resounding NO. Actually in the case of MS you might follow up with a "wtf?". I'll help you out, they bit the bullet this quarter apparently so that future earning will be higher.
This is what I was hoping to see today, not another huge day up, but a steady day signaling that everyone is comfortable with yesterday's gains. Now all we need to do is rinse, wash, and repeat.
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