U.S. Stocks: Flip-A-Dee Doo-Da
Tim Knight | Feb 14, 2018 11:00AM ET
After Wednesday morning’s “insta-dump” of everything, the markets have utterly and completely turned around. That’s not great news for me, but let’s just say I don’t have any regrets about not being super-short (to say nothing of the fact I sold my QQQ puts on Tuesday).
The ES has done the following about-face:
And the NASDAQ even more so, pushing well above Tuesday's levels.
And as if the bulls needed any more fuel, crude oil exploded higher after Wednesday morning’s inventory report. So, all in all, a great day for the bullish set thus far.
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