Earnings news has been, on the whole, not that up-lifting. However, since the markets are oversold any sign of strength is cheered. MCD was up 5% today, but given the state of the consumer, the future wouldn’t seem that bright intuitively. (Hmm…maybe some people are getting their morning coffee at MCD versus SBUX.)
We’ll see what tomorrow brings, but I wouldn’t have faulted you for taking the summer off.