
The major indices put in a mixed week after Friday’s Goldman Sachs hiccup, with the S&P 500 down a fractional -0.2% while the Russell 2000 finished higher a full +1.7%. Early indications Sunday evening are for a lower open Monday morning. It will be interesting to see whether this can snow ball into an overdue pull back, or even a pause at this point, in what has been a very rare sustained upward move. Week Sixteen of 2010 brings a somewhat lighter, but no less significant economic calendar, as follows:
I hope you had a terrific weekend!
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