The markets carved out new four year highs this morning only to drift back into unch territory.
Expectations of the ECB capping sovereign debt yields by debasing the euro is high.
European markets closed up 0.75% on average and the euro is giving the homo hammer to short sellers. A crucial break above 1.24 is positive indeud.
Fun times in a world dominated by central banks.
I smell 1446 S&P over the next week or two.
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