The market continues to frustrate both the bulls and the bears because there really isn’t any certainty over anything.  As we pointed out in yesterday’s closing commentary, after a very strong day on Monday due to very good news on the Covid-19 vaccine front, there was no follow through yesterday with all 11 S&P sectors down on fear the vaccine was overhyped.  This back-and-forth looks to continue this morning as the S&P 500 (SPX) futures are up a bit over 1%.  Trying to figure the market out day-to-day is impossible and why we never recommend making too much out of any one day or one news item.


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