The Friday’s on a long weekend are usually not going to show a true indication of overall investor sentiment. The number of investors at their trading screens are greatly reduced, everybody going to the beach. Individual stock movements are usually exaggerated because buying may not be offset by sellers and vice versa. Jobs are still being created, indicating the overall economy is maintaining strength.
July 5th Daily Market Comments
The Friday’s on a long weekend are usually not going to show a true indication of overall investor sentiment. The number of investors at their trading screens are greatly reduced, everybody going to the beach. Individual stock movements are usually exaggerated because buying may not be offset by sellers and vice versa. Jobs are still being created, indicating the overall economy is maintaining strength.