U.S. Stocks gained for the 4th consecutive day, ending the trading week with solid gains across the board on Friday, continuing the rally that began on Tuesday. For now, the character of the market has clearly changed to bullish. We will now look for a big confirmation day where the averages are up at least 1.5% across the board. If that occurs next week, traders can feel at least some confidence that this move can last a while.
More to come over the weekend.
Scott Cole
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