Friday, July 1, 2016

It Never Happened

"Now, understand, commander, that torpedo did not self-destruct. You heard it hit the hull. And I...was never here."
--Admiral James Greer (The Hunt for Red October)

In what has to go down as one of the more mind numbing turnarounds in recent memory, major indexes have rallied to regain all losses since Brexit just days ago.

There is no doubt in my mind that this is central bank intervention at its 'finest.'

position in SPX

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