Great note and insights as always, JJ. Maybe the lack of animalism comes from the fact that the long-onlys are facing both an administration that wants this market lower and a Fed that isn't showing any signs of a cut (according to the last presser), whose next meeting is quite a few weeks away? So pushing the market up now with news esp pre Apr 2 seems like tempting fate
Great note and insights as always, JJ. Maybe the lack of animalism comes from the fact that the long-onlys are facing both an administration that wants this market lower and a Fed that isn't showing any signs of a cut (according to the last presser), whose next meeting is quite a few weeks away? So pushing the market up now with news esp pre Apr 2 seems like tempting fate
well said. might be as brief a rally as my wrap tonight.. lol...