The Bubble Held
We didn’t see a close under 4440 on the S&P this week, so back to rotation mode for a while.
The market seems to see blue skies ahead, thinks this is the last hurrah for COVID as more and more of the non-vaxers get scared into a shot. It also seems to think that some sort of scaled down BBB is coming after the Holidays. So we will just wait and see.
Merry Christmas, Happy Holidays to all.