Cohn leaving was a good excuse for the market to get hammered. Yes the White House announcement that Canada/Mexico may be exempted was bullish. Bearish news ignored and bullish news responds. This is bullish action going forward IMO.
Friday's action continues to be bullish. UE can at times be construed as bullish (growing economy) and other times as bearish (interest rate worries). The market says good news is good. Market looks strong...
So then the funds must be taking money out of the grains on the rally. Cuz all we heard was on the break they were moving money to commodities. lol