Technical Analysis
Major US markets just completed running wedges.
I am already long all three markets. I might add more to my long positions Sunday night.
Housing
DR Horton reported its forth quarter sales. Homes closed increased 9% and 10% in value. DR Horton orders, which indicates future sales, were up 14% YoY to over 13K homes.
No Recession
Money flows into stock equity funds have turned positive again.
This type of action would not be happening if the US was headed for a recession.