It's Friday, and right on schedule Chris "Just the Facts" Kimble does his Dragnet impersonation, today with a focus on the S&P 500.
Joe Friday: I posted the chart below on Monday (link to comments), reflecting the 500 index was on key support and investors were too pessimistic on stocks, with only 20% of investors bullish.
What a difference a few days makes with these conditions in place — a 5% rally in 3 days!