Surging Jobs, Soaring Stocks

In a broader context, it’s almost a blip, although we are once again getting close to new record highs.

There were two jolts in the ES between sessions. The first, in yellow, was yet more Trade Talk Optimism. The second, far bigger, was a blowout jobs report this morning.

(Click on image to enlarge)

In a broader context, it’s almost a blip, although we are once again getting close to new record highs.

(Click on image to enlarge)

As for my own positioning………“Not Good”.…….although thankfully I decided to back off some before yesterday’s close. We’ll see how many of my little short champs can survive this deluge!

Comments