For the seventh day in a row, looks like another winner coming for the bulls. Just about the only equity out there with any weakness seems to be the fabled Beyond Meat, which I wrote about last night. It’s down 20% from its peak yesterday.
As for the markets in general, the bulls are padding their gains…..
……..in yet another V-shaped recover (thanks, Jerome Powell) that started last Monday………
Bringing us merely 1.8% below the lifetime highs that were established in March. The government has made it absolutely and totally plain that they are going to do everything in their vast power to keep this market from behaving organically. This has become a psychological operation for the masses, and it’s working wonders.