Short-Covering Rally... Or Something More?
Short-Covering Rally... Or Something More? Authored by Lance Roberts via RealInvestmentAdvice.com, ▶ WEEK CLOSE: S&P 500 7,126.06 (+1.2%) | Nasdaq 13-Day Win Streak (longest since 1992) | Russell 2000 New ATH | Brent Crude -9.1% | VIX 17.42 What began as a short-covering rally on April 7th has spent the last two weeks proving the bears wrong. Friday’s close at 7,126, the first finish above 7,100 in the index’s history, up 13.1% from the March lows, arrived alongside one o...
Original Source
Read the full article at Zerohedge →KhanList aggregates and links to publicly available news content. We do not host full articles from third-party sources. Always verify important information with original sources.