Good morning, and welcome to a new week. December started strong for the bulls with hot money flowing back into equities and fund managers chasing performance. Volume however began to fade as the week came to a close, and so we’ll just have to see the level of conviction that folks have up here. Regular readers are well aware of my skepticism, and I must admit that is has been ‘unhealthy’ at times. So, stop trying to rationalize, get on the money train, and buy the dip, right?
04:45ET >Futures: Dow > 11339.00 -20.00 [-0.18%] S&P 500 > 1219.15 -4.50 [-0.37%]