Use Quarterly Pivots To Stay On Track

tocks had another feeble rally attempt on Wednesday but closed weak, and while Durable Goods were better than expected, prior months were revised downward. New Home sales were better than expected, but the focus seemed to be on the budget crisis in Washington. On today's calendar, in addition to jobless claims, we get the final reading on second quarter GDP, Pending Home Sales. Technically, the major averages, like the Spyder Trust (SPY) and PowerShares QQQ Trust (QQQ), need to close above Tuesd...