Very sluggish market this morning. The averages are lower following a great Superbowl last night. Probably a hangover similar to the one I'm experiencing right now.
Dow - 69
S&P - 8
Nasdaq -16
I think Traders want to bring this market back down to retest the bottom made on January 22nd. However, with all the positive stimulus going on out there, they may not be able to.
The old adage is "Don't fight the Fed" and the Fed right now is cutting rates....that should help the market head higher over the next few months.
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