We closed a bit weak, but the one-way rise continues. We might not gain a lot of points, but we definitely don’t pull back much. This year, corrections have not lasted more than 1-3 days. Tomorrow will be day three and a critical test for the bears before month end and quarter end buying. However, considering how far we ran, perhaps there also will be some rebalance trade by big funds out of equities into bonds next week?
