Volumes good yesterday (+17% DoD and 5% above 10d) – closed at absolute highs – SPX ripped thru 1,300 and 200d – VWAP never tested on downside – no short-covering evident – BIG asset reallocation from UST to equities – RISK back on (BETA +3.8%) – Homebuilders on a tear (above 100d) – TRAN back […]
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