CM and Cobra lao das, do you think tomorrow's Q2 GDP prelim report might be a big triggering event for the market (depending on the number, either an upswing or a down movement)?
Based on the recent economic numbers, it is just hard to believe the GDP number could be too much worse than the street' expectation. Therefore, I cannot imagine there will be much dowside for the broad market in the near term. On the other hand, if it is a positive surprise, wouldn't it easily be the catalyst to drive the market to new high? |