GDP Data Confirms Slow Growth: Dave's Daily

Markets were rallied enough late to make the week look okay which was the intent of those who could do this. (Any guesses as to "who" those people or groups are?)

We're still overbought especially now on an intermediate term basis as the NYSI demonstrates. We can still move higher with earnings and whatever else. But, with volume this light and conditions stretched Mr. Market is walking on eggshells. We'll see you again next week.

Have a great weekend. For us we're on a generator given an ice storm.

Let's see what happens.

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