If the bulls had been paying attention to the economic indicators reported last week, you’d assume the market would be down substantially by now. The fact is, however, that the S&P 500 is just down about -0.4% for the past calendar week, and today it’s up over a full percent. Obviously, the bulls didn’t see the surprising drop in Consumer Confidence, which fell to 46.0 from 56.6 in January, its lowest reading since early last year. Read more about WHAT THE MARKET WANTS: Seems Bulls Don't Read The Wall Street Journal