So here’s how it went down.
First, I did a post early on with this chart, suggesting that we bears (are there any besides me left?) have nothing to worry about.

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A huge rally in the NQ and the ES. What a surprise, eh? After the selloff yesterday, we should all have expected Mnuchin to phone in the PPT and start the buying again. But I’m totally OK with this. I’ve been nicely in the green all day, with my pure short portfolio, thanks to to standout winners like AAWW. And, more broadly, I offer the chart below:
