It's similar to walking in for the 9th inning of a baseball game that's been tied at 0-0 thru 8 innings and then watching 10 homeruns. That's what Friday was like. Flatline most of the day and then the final hour was straight up. Why? Who knows... My personal thought is it was shorts covering after a very successful week. Pocket the profits and enjoy the weekend.
Sorry to say that the near term lows aren't in yet. Although it should happen next week, with Thanksgiving being a short week and most of the big boys on vacation I find it hard to believe it'll happen, but it could be that we read about it in the history books in 10 years as "The Turkey Crash of 2008".
Expect the unexpected next week... it should be exciting.
Morning Post 10/03/2025 SPX
10 hours ago
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