The articles are indicating that there will be a happy start to trading this morning.
Data on the fourth quarter GDP, January existing home sales, regional business activity, manufacturing activity in the Midwest, and consumer sentiment comes out today.
Correct me if I am wrong but this week each day of losses has been followed by a day of gains - up, down, up, down. The DOW has been in the low 10K area for a period now with the exception of its mini correction in January when it dipped into the 9K area. Its interesting to point out that the overall sentiment of the investment articles is also somewhat stable and even in tone. There are many articles out there advising people on how to pick up remaining bargain stocks.
CNN: Stocks set to rise
...investors sought to build on the optimism that started to emerge towards the end of the previous session.Reuters: Futures slightly higher, economy in focus
The Commerce Dept will release its second estimate of fourth-quarter gross domestic product at 8:30 a.m.
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