In a recent article for Barchart, "What Could Help the Stock Market Find a Bounce?" I discussed a significant seasonal buy pattern window that opened on October 26, one day before the recent bottom in prices. This article is not about the seasonal pattern working because I mentioned that the trend would have to turn up to get my attention, and on today's close, I see an uptrend. I also mentioned that this is probably a trader rally and not one for investors. I still stand by those two observations.
Coming into this week, the markets were anxiously waiting for multiple pieces of information. The two most significant were the Federal Reserve (FED) Monetary Policy meeting and today's Employment report.
