That was fast

We suprisingly had some good homes sales news and FDX boosted its earnings predictions for the fiscal first quarter and the rest of the year! All the indexes closed in the green.

I didn’t think the S&P would get to its 200ma in 1 day, but it did…And the June highs are not that far off.
The Dow closed above its June highs, while the Russell still has some ground to cover.

We have the House Price Index tomorrow along with consumer confidence. The Stock Trader’s Almanac shows Monday, Thursday and Friday as bullish days. Now that doesn’t mean that’s what will happen, but seasonality does have a vote in this market. But, if you’re a bull, you’ve got to be feeling pretty good!