The first few days of a new year are often positive as new money is contributed to retirement accounts and mutual funds. We got a taste of the dip buyers’ appetite at the close today. We had also being down 3 straight January and it’s rare to find a 4th consecutive down January. If we do get a small pullback early in the week, it will likely be a gift for the bulls. With POMO resuming, there may not be much of a pullback. Happy New Year!
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