The market overcame a very poor consumer sentiment number this morning on some large cap window dressing and QE3 optimism from the FOMC minutes. We are going to continue to hear about fiscal and monetary moves to rescue the economy before the next FOMC and Obama’s job plans early next week. As August comes to a close tomorrow, the mark up robot seemed to be shut off early as we have some serious profit taking right before close and into after hour. Are people beginning to look towards another poor jobs number Friday as we continue to push into overbought territory?
