I have a feeling when Trump announces his Treasury Secretary, we'll get a knee jerk bounce up. Regardless of who he picks. (Unless its Kudlow )It won't hold of course, but if he announces it while the markets are open, we'll get a sharp spike probably and that day's short players will get blind-sided. If he announces it in the evening we'll see a gap up the next morning and then the giveback. It's the type of event the algos love. Play up the hype and create some outsized moves to burn both shorts and longs.
Thanks Van how are you. My car (a lemon) finally passed away. Thinking of getting used Toyota, what you think?