The hunt for J.Lo on Wall Street

Did anyone see Jennifer Lopez at the NYSE today?  I know a lot of people who were looking for her!
J.Lo is actually a Wall Street term for what looks like a rounding bottom in a pattern of stock prices.  The pattern suggests a shift from bearish to bullish.  Unfortunately, there were no signs of J.Lo at the NYSE, or any other exchange for that matter.  
Most of the day’s talk circled around the market’s bottom and if we have reached it yet.  Asian and European markets tanked, setting the stage for another decline here in the states.  But, for a brief spell this morning, the …read more