Finally, a thrust...and a rate rise
After weeks without a positive breadth thrust, buyers finally showed up on Wednesday. We'll have to see if there's any follow-through, something that's been lacking this year, and a necessary change as noted in today's report. It's curious that it triggered on a day the FOMC raised its target rate, marking the largest such positive reaction in over 40 years. Other big rallies on the day of a rate increase had a lot of trouble sustaining themselves, though.

