You know the market is in rally mode when a washed up mining equipment, diesel and natural gas engine, industrial turbine and diesel-electric locomotives maker like $CAT finishes the day with an attractive gain.
Stocks posted a sharp rally and found it's footing after the pull back from record highs. The US Dollar index took a break today after breaking into triple digits for the first time in 12+ years, something I thought would spark a rally in the market.
From last night's recap:
I'd prefer to remain calm and trade on. But I do think there is a chance we could witness a December 2014 like price recovery. I talked about this before the market opened in today's video. Certainly something to keep in the back of your mind as the week closes tomorrow: