U.S. equities are in full retard mode to the upside. Stocks are being driven as if they were a hot rod stolen from the streets of L.A. with cops in hot pursuit.
We do have some good news to celebrate; and that is yields came in for Italy and Spain while the ECB pledged to take it easy on Greece.
Then there is the question of QE and the fed statement tomorrow. The close will tell today’s story.
Hit bids if you can.
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