Stocks Are Hesitating to Move Higher
Surprisingly after the PPI and CPI data showed tame inflation ex energy, stocks are unable to move higher. The big caps like American Express and GM dragged the Dow down. Slight concern on higher oil.
Indexes are at resistance level and there is some reluctance from the investors to add more money into the market. There’s a wait and see attitude at the moment. Let’s see if the jobs report will be the catalyst to move market higher
It's not when you buy. It's when you sell!
