The rebound from Friday continued yesterday, but the “internals” were not as good. That’s not a big problem, but it shows that investors might be sitting on their hands today…while they wait for tomorrow’s employment report.
What is the strong demand for GOOGL’s debt offering really telling us?
After a bounce from an oversold condition, the dollar is heading lower again. It won’t take a lot more downside follow-through to confirm a weaker trend for the greenback.
