A stronger euro, a better than expected Spanish bond auction, lower sovereign bond yields, good data in Germany, great data in the U.S., and perhaps some pent up demand sprinkled with short covering gave us the mother of all rallies today.
Santa went on a seek and destroy mission to kill the bearshitters in burlap garb.
DOW UP 335
NASDAQ UP 80
S&P UP 35
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otherwise known as “headfake tuesday”. drinking becks with one hand free.
let’s see if we get follow through drummerboy.
i’m planning a visit in TZA and ERY again.