Why is the stock market up today? (With liberties to the actual quote) I refer to that great stock market prognosticator, Alfred, Lord Tennyson: "Ours is not to reason why; ours is but to do or die" Or, if you prefer, a more recent stock market guru, James Carville (again, liberties to the actual quote): "It's the momentum, stupid."
Accounts managed by Blue Marble Research may presently hold a long/short position in the above mentioned issues and their inverse comparables.
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