[…] As befitting the day before a quad witch, stocks had a ranging day, but finished almost unchanged compared to the day’s highs and lows.
The wash and rinse is on, and small specs are being cleansed of their funds.
The surprisingly high number for new unemployment claims put a dark cloud over dreams of a rosy dawn of a V-shaped recovery.
Although the SP 500 continues to lag, the big cap NASDAQ stocks are still near lofty all time highs. They are the heart of the classic ‘new era’ speculation and spin.
Gold and silver were struggling all day, and the Dollar drifted a bit higher.