With the biggest point rise in six months, The Dow is up over 400 points - having retraced almost 50% of last week's collapse - on what is being claimed as an earnings-driven surge.
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Trannies and Small Caps are surging this week...
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Which smells a lot like a big short squeeze... and it is...
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The S&P, Dow, and Nasdaq have all bounced off key technical levels...
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The dollar is down but bonds and bullion are also bid...
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From last Monday's close, Gold is the big winner, bonds are flattish and Bitcoin and the S&P are down 3.3%...
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And while we hate to steal the jam out of everyone's donut, we note that Nasdaq remains down around 6% in October...
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