The U.S. Stock Market ended with a nice rally on Friday, in spite of the weakest jobs report in thirty years. Today's rally recovered all of Thursday's losses, and the week ended with only modest losses in spite of the huge Monday sell-off.
The tone of the market is definitely quite a bit better than it has been over the past several months. However, it will need to breakout of the trading range that has been in place since the October lows in order to have a more sustainable rally.
More commentary over the weekend.
Scott Cole
www.bestdaytradingstocks.com
www.kungfutrader.com
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