There will be no sustained rally unless the Yen stops collapsing. It is 134 and rising which means the USD can't go down which has to happen for a real equity rally. I heard that BOJ would intervene at 140. Their belief of "transitory" inflation is killing them.
there will be no rally cuz vince and I are shorting the stonk market I'm loving SQQQ today, also SOXL UVXY and Mighty KOLD wee
Obviously nobody wants to get in front of the CPI release tomorrow morning. Its probably a good buy tomorrow morning.