AND ALL THOSE DIVIDEN LOVING FAT CATS
Not to mention the Nasdaq.
Unless they miss BADLY, I'm not sure it will get smoked, maybe just more sell-off.... altho the charts are positioned well for a nice fall--as has been the expectation for almost two weeks now.
Initial claims surprise could reverse course but I have a feeling we come in under consensus
Just like the market ignored bad news in the bull market, it will ignore good news in the bear market. Unless ibm impresses, which it won't, the market will discount on par numbers as poor growth.