Internals data are looking very good so far today (as of about 1100 AM) providing
further evidence that yesterday’s low was a bottom. It would appear to give the markets a chance
to make new highs. That would be another
5% upside potential from here on the S&P 500. Keep in mind that the Russell 2000 (small cap stocks) corrected slightly
over 10%, so for many stocks, there was a “correction”.
