This morning we highlighted the 21-day moving average, 1165 in the S&P, as a logical magnet for the market ahead of tomorrow’s employment report, and that target was hit today. Stocks continued to bounce as fears of a deeper Euro crisis subside thanks a plan to recapitalize troubled European banks. Europe wants to head off the potential crisis early to avoid calamity mirroring the collapse of…
View the full post at http://blog.t3live.com