LAST: 2178.50 UP 10 HANDLES
TOTAL VOLUME: 1.1 million minis traded.
MOC: $570mil to Sell.
Redbook, S&P Case-Shiller HPI, Consumer Confidence, State Street Investor Confidence Index, and a 4-Week Bill Auction.
There are some heavy economic reports this week with the FED sypmpsium and the jobs number on Friday.
The volume today has ‘Mutual Fund Monday’ written all over it.
The mutual funds buy stocks on the last 3 days of the month and the first 3 days of the new month.
Dont forget these rules:
1.) The Trend Is Your Friend
2.) Dont Forget Rule #1
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