Today marks the 737th turnaround Tuesday since 1990.  Stocks are bouncing nicely, getting an extra boost from the ISM Service numbers, which came in much better-than-expected.  It’s a reminder that the underlying economy remains resilient.  

By the same token, we are also reminded of pricing pressure and the workers’ strike continues to slow full recovery.

• Headline 61.0 +0.2pp
• Business activity 62.3 +2.0pp 
• New Orders 63.5 +0.3pp
• Employment 53.0 -0.7pp
• Prices 77.5 +2.1pp

ISM Non-Manufacturing 

In fact, among those items mentioned in short supply includes truck drivers.

I think you have to hold your positions and prepare for a strong year-end rally.