Happy Friday: Stocks Set to Crush the Skulls of Shorts

I know it’s a little pre mature, this being only 7am and all–but equities are looking like they have a rally in them today.

Dow futures are up 150, Europe is higher, gold and bonds are lower, and oil is higher.

With the Chinese market closed, there is nothing, other than the margin clerk, to set us back today.

Since Exodus closed oversold, I’ll be buying another tranche of SPY today, leaving me with zero cash. I will leverage my account to 200% long, if need be.

I fade the arch pessimism every single time.