Afternoon Update

The market is acting just as expected from last Friday’s Afternoon Update- that’s to say an deep oversold market bounce into a seasonally positive week. SP-500 +0.85%, Dow +0.65% (Transports modestly weak at -0.1%), NASDAQ-100 +0.95%, Small Caps +0.8%. The averages have all hit the targets laid out earlier this week and there’s nothing that…