The stock market "enjoyed" its biggest rally in 4 years on the great news that the economy is worse than expected. The recovery has been postponed until never, allowing gamblers access to 0% dopium forever. Oil fell below $39/bbl, but that's beside the point. Everyone covered their shorts on the news, so this shit show can roll over now...
The S&P closed below its 200 day moving average for the first time since 2012...
With % of stocks above 200 dma i.e. 26.8%
The first up day in 7 sessions, leaving the Dow at levels first reached 20 months ago...
Transports
Energy:
Semiconductors
Railroads
Materials:
Brewers:
Apple
IPOs
Emerging Markets with Oil Stocks
Not shown: Another generation of Etraders obliterated
Ameritrade:
Biotech
Third waves don't give up their dead, as was learned in China
"Good job, bitchez. We exited on 3x normal volume"
