Market Wrap-Up for Feb.22 (WMT, VFC, GPC, HD, FDX, GS, BKS, more)
My old trader's gut must have been acting up yesterday after my post about a bumpy road ahead. Contrary to what the "always buying" market pundits are saying about the markets shouldn't be going down, I welcome am welcoming a pullback here to give the market a bit more of a foundation-building feel to it. If you haven't noticed, every down-tick is met with buying as if any pullback is a guaranteed reason to jump in for a trade. The market has seen lots of momentum, and it would be nice to just shake a little bit of the "got to get on board the runaway train" mentality.
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