We had a long bias again yesterday which proved to be correct

S&P 500 (Mar 13) INTRADAY Review We had a long bias again yesterday which proved to be correct as the S&P shrugged off disappointing Apple earnings and continued its relentless climb towards the 1500 handle. The close came at 1491.75 to make it six up days in a row as the S&P breached the 5% gain level on the year. Chinese and German manufacturing numbers offset the bad earnings and then the Initial Jobless claims posted a five year low to add to the previous week’s strong number

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We had a long bias again yesterday which proved to be correct

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