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Originally Posted by coolhand

Things were going swimmingly for the bulls for a good part of the trading day, but as price hit the previous top on the S&P the bears came in and swamped the boat. Price fell well into negative territory as a result of the ambush.




So, nothing has really changed. The bulls and bears continue their tug-of-war (literally).



Breadth fell, but not

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Stocks rallied on Friday, tacking onto Thursday positive reversal day, and closing the week out with some solid gains. The Dow ended the day up 369-points during the quiet, lighter than normal volume trading week. Things may start to heat up this week as we get a series of economic reports, and earnings season will get into gear with some major banks reporting, and Netflix later in the week.

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