Trading for the Masses

This is a market you just can’t force trades. We are watching the tape grind off the lows of 1342 and are trading 1355 as we speak. No new highs today, just bump and grinding. Take it easy. Maybe go for a ski.

Of course the number is lagging and the consumer is pulling back on his/her pocketbooks as the HELOC lines are gone, the jobs are fleeting nationally and inflation is killing the average Betty as she loads up on milk and butter and the gas to get to the store. Simple facts prevail its tough out there. Let’s see where they take them, but this market may need a bit of a break today as traders return in size today and the sellers return with the easy up yesterday.