There's a pretty obvious reason for that, but don't assume nothing is happening below the surface, in fact it's likely accelerating because of NASDAQ >$5000.
For example the Q's today, aside form everything so parabolic it looks stretched...
QQQ intraday is worse than ever here, selling on breakout confirmation>$5k while the VIX futures keep accumulating...
VIX Futures intraday.
Is interest rates about to start going up?
-
Yes, I know - it does not make any sense - FED is about to cut
rates...but....real world interest rates are not always what FED wants it
to be.
5 years ago
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