GBIL - The Odds For More Gains In The Short Term Are Still Well Above Average

• The biggest positive influence for stocks would be that the Fed increases the amount of money it puts into bonds, which is still unknown.
• After a torrid March, volume in the options market had fallen off some, resulting in a slower trading pace for stocks early in the week, until Friday when the volume in the SPY options picked up, especially on the call buying side.
• Stocks are still benefitting from what seems to be an intermediate term consolidation in what is now a fairly clear pause in the quietest bear market in US Treasury bonds, probably in history.

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