IP and Capacity Utilization beat
Housing Starts/Permits miss
Hit's 'n misses, almost's & maybe's. Kind of describes the way the major indexes are flirting with upper-range resistance levels atm--
--ok, so it's only big cap's for now...
Looking at the trends is making me think that if say the S&P + DJIA both punched decidedly up past current resistance that it’d probably be a good time to buy in a measured step, at least on big caps.
Can you share what you’re seeing on these possibilities?