This time it looks like folks are capitulating to the upside: Stocks jump over 2% on confidence data, Apple.
"Today the market is celebrating the return of some sign of consumer confidence," said Peter Kenny, managing director at Knight Equity Markets in Jersey City, New Jersey. "It was so strong, even the dismal housing numbers couldn't hurt the market."
If this stuff were not so predictable and if it didn't stand to hurt so many sheep, it would be hilarious. I wonder if goo goo eyes over there to the left plans to sell or buy?
Edit (a few minutes later) Reuters edited out the garbage quote above for some reason. But it was there a few minutes ago, honest. Sheesh, now they changed the title. How's a blogger supposed to send them up if they keep shuffling things around?
