Beware the Friday Mood Swing

The broad averages have been ratcheting steadily higher since the day after the election, creating the sort of tedium that can mask complacency. My latest tout for the E-Mini S&Ps makes note of this while offering some specific price levels that could come into play if institutional traders experience one of those Friday mood swings for which they have become notorious. I mention all of this only because I found myself growing complacent, suffused with the dull expectation that tomorrow will be just another boring day.  Let’s hope so, since it would be the perfect start for a relaxing weekend.