Consumer Confidence Surges, And Investors Are Already Rushing In To Buy The Dip

2shoppers1

Did you buy the dip?

Hope so. The S&P is now off only .75%. The Dow is off less than 0.5%. The NASDAQ is still down 1.25%, but that’s better than we were doing.

What just helped? Consumer confidence surged to 70.4 vs expectations of 65 and a previous number of 64.8%.

The70.4 number is the highest in three years.

Meanwhile, oil is sliding.

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