Bloomberg Businessweek cover image

Daylight Rally Time Is a Bullish Signal for Market

Bloomberg Businessweek

00:00

Is the Worst Over?

volumes are really light this week. But what traders are saying to me is that next week volumes would be even lighter. So all those shorn sellers who want to cover their short positions now that they think the worst is over, they are betterdo, better get doing it this week. Next week volatility is going to be crazy, so things can move around an in a crazy way. We're kind of in between concerns about inflation and concern about economic recession. The pc data this week wasn't as bad as expected. Some patterns on tion show that the consumer, which makes the bulk of thearths economy, is really strong. That can gives investor some kind of optimism that maybe that

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