Look back at yesteday's reversal comments, I was one day early.
We need further push to make it real reversal. The sharp rebound will fall if no good fundamental follow on.
Oil retreat. Need to keep watch if it's correction or reverse.
The rally was ignited by the lower than expected GDP, 3.8% vs 4.0%. It gives an ease to the rate hike fear. This rally factor cannot last long. We need some further good news.
Home builder sector also get a lift today as rate hike fear fade.
4 hours ago
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