Usually, when everyone in the market is talking and thinking about something you tend not to get it. The Heisenberg principle of markets?
The dollar was flattened on Friday. A lot of currencies appear “overbought” against the buck. And of course we all know the driver of Friday’s rally—stocks. The S&P 500 was able to reverse the seemingly key day reversal that was set up on Thursday. And many are expecting stocks to pullback today and at least consolidate this run.