Well this is pretty damned sickening. On the one hand, you’ve got what happened on Wednesday with Powell’s speech. It was a speech. Words. Words from a bureaucrat meant to reassure. Just words. And yet, not a downtick all day. An absolutely brutal, unrestrained run-up.
And here we are on Friday, at which time we get DATA. You knows, FACTS? And the plunge is instant, but the counter-trend bounce is just as quick. As I’m typing this, the /RTY is virtually unchanged.
If we close green today, you’ll find me busy, throwing up all over my monitors.
