A few positives have emerged in a/h’s: - Buffet’s holdings - Tencent’s earnings surprise beat - Cisco’s earnings beat - some “caution” from Powell re: raising rates which has always been “dependent” on economy impact and inflation levels, however, the market has swayed it to appear crazy-hawkish to incite a sell-off. JMHO. - Australia’s economic and employment numbers were a large beat and surprise.
If SPY cannot put a rally together tomorrow and Friday to breach 273.16 and 275...then good chance SPY tests 260- next week IMO...