Stocks were overdue for a rally. Bonds are rallying for a similar reason and probably because traders are thinking, "if the BOE is doing QE again, the Fed won't be far behind." If 2008 is a template, there is only one to two days of rally possible. I will become aggressively short above 3700 if the ES should get there. BTC is hanging on. I don't want any spare capital when BTC breaks that trendline. I want to be 100 percent in short positions.
Lumbering Giant
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FEEDI heard a fellow on the radio singing the praises of the U.S. growing
at a blistering 1.6% rate. I guess any news is good news in an election
year, right?
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