Bulls running

The market gapped up this morning on the back of the March retail sales report. A better than expected consumer sentiment report was released just after the open. (The US consumer just will not die!) It’s still early in earnings season, but so far it’s playing out as I suspected. At least at the open the market likes GE’s so-so report. I’ll reserve my final judgement on earnings until next week when a ton of reports will be released. So it looks like my QQQ purchase yesterday was well timed. I’ve moved my stop loss up to lock in a profit.