First up, and I’ll report it soon enough, is Apple’s ($AAPL) earnings report. We’ll see if Wall Street analysts have lowered earnings forecasts enough to beat expectations once again. (sigh) Then its Yellen & Co turn to finesse a message saying once again everything and nothing regarding monetary policies and the condition of the U.S. economy and etc.
Otherwise bulls continue to manage market behavior keeping the recent rally together come hell or high water. The dip buyers remain in charge no matter how few of them there are, since you’ll note volume has dried up (only roughly 66M in SPY shares traded.)
Not that it matters to bulls, but most economic data Tuesday wasn’t impressive as PMI Services index climb to