FOMC influence, short covering and bargain hunting
Consumer Confidence didn;t even make the DOW blink. The market is ignoring anything negative. However, I do sense a 5% pullback in the Dow is going to come and come fast.
I too believe that a 5% correction is in the cards for the DOW and S&P. How do you see that affecting the metals and the miners being that they have underperformed the markets recently?