FYI: A big gap up Monday due to the Chinese – U.S. “trade truce” began the week, and then some disappointment of “good news” on the employment report Friday were the bookends of the week. Remember we are in the “bad news is good news” stage of the market, so positive news is seen as a negative in terms of the Federal Reserve cutting rates.
Regards,
Ted
https://www.stocktrader.com/2019/07/07/weekly-stock-market-recap-jul-7th-2019/