ALMOST EVERYWHERE RUNNING UP – SERIOUS DISCONNECTS
After the Fed’s statement, a serious disconnect is developing as almost everything almost everywhere is rallying strongly.
The push higher in China, the rally in mining stocks in Europe. The drop in Japan.
The SPX did not give an opportunity to enter long at 2150, I will be looking for a pull back targeting the 2180 zone.
Oil is also bullish, its likely to continue based on the data yesterday.
Mario Randholm Blog. Mario is the founder of Randholm & Co. S.A.C., an investment management company dedicated to producing superior returns for its clients and employees by adhering to mathematical and statistical methods.