1:35pm (EST) The bulls are trying to hold on to their slim gains for the week and if things were to end now, the market would finish mixed for the week. Futures were weak for much of last night and into this morning which led to a slightly lower open.
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1:00pm (EST) The bears haven’t been much of a factor over the past 7 weeks and at some point they will wake up (which could be next week or not), but for now, the bulls are putting them to bed. The market got off to a slow start and losses
Bears Still Hungry
1:30pm (EST) We knew coming into this week the bulls were going to have a tough time breaking resistance. After 7-straight weeks of advances for the Dow, the law of averages were catching up with the index and it all seemed natural a pause would come during option expiration week.