Ready for the having sounds like a horror film, but its not everything you need ton about the major event about to take place in the cryptocurrency world. We start with the historic jobs report more than half a Million People put out of work. The market rallied with the dollar ending higher and the volatility index dropping below its 1 hund00day moving averag. When unemployment skyrockets to nearly 15 , do you think the stock market would be down but it didnt. So guy adami, what do you make of that . One would think and one would be myself, absolutely look, i definitely saw the move back to 2790 we talked about that for a while and kudos to tim who i use the word all of the time and the pain trade is higher and here we are. What do i make of it when look wid siquidity is slosg around and its good that were talking about disney later because the markets clearly in my favorite area of disneyland which is fantasy land and at 3393 when the s p 500 made an alltime high we were talking about
Russell 2000 index that got our attention this evening the index hitting its own fresh 52week high are the small caps saying big things about the health of this record rally guy. Tim has talked about this and good for dan nathan. Why are you shaking your head . Why . Its monday. Were 30 seconds in. Youre already a downer. Dan mentioned it on the call. Everybody said dan is a downer hes not a downer, he pointed out the russell. 161. 5. That was the high back in may. These are pretty interesting levels the real high is at 173 that we traded back in august 2018 but the small caps are absolutely telling a story they have lagged the Broader Market for a while they seem to be catching up. The question is do we ratchet through this 161 level with the s p trading sideways for a while and retest that 173 high it certainly feels as though thats the next move so yes. Are you optimistic . I bring it up because its obvious. You look at this breakout here weve been looking at this index since the st
Brother tandem tops Ike Foundation Pro-Am bassfan.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bassfan.com Daily Mail and Mail on Sunday newspapers.