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Strategies & Market Trends : General market lab and commentary
SPY 679.68+0.7%Nov 26 4:00 PM EST
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To: Robohogs who wrote (209)2/27/2016 8:33:17 PM
From: Robohogs   of 668
 
I missed the most important sector: banks up big.

Also, economy growing nicely although Atlanta GDP NOW measure jumped from above 2.5% to 2% on Friday. Some growth must have gotten shifted backward. Inflation is here. Fed being boxed in here and rate increases are coming sooner than later. I have a feeling increases will not work as increases will put money in savers' hands. It is not like 1% higher rates stop lending. I could see domestic economy increase as rates move higher although USD might kill that on net trade as it would likely increase.

Now off to Fat Pitch. I really hope he disagrees with something I have said.
Jon
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