 The SP 500 has extended its gain to 1 and the Nasdaq is now up by 1.6.The touted downtrend in the SP 500 is breaking along with the 4000 level and the index is rising further above the 200-day moving average. Its tough to contextualize whats happening here. The market is surely pricing in a softer Fed and Wallers comments on Friday are a part of that but its also pricing in a soft landing and those two things are tough to square.Overall, my sense is the market is... 