On Wall Street, Too Much of a Bad Thing Is Never Enough

Nothing like punk earnings, a mini-crash in new home sales, a spike in jobless claims and a slowdown in the purchasing managers’ index to get this market revved up! I’d noted here yesterday that Wall Street looked ready to party. Although yesterday’s orgy was somewhat subdued, the pace could pick up if the news takes a turn for the…worse?  In any event, it seems unlikely DaBoyz will sell off stocks on a Friday that precedes Apple’s earnings, which are due out Monday after the close.