We are rallying in the premarket with the 25 bp rate hike from the ECB. It was expected, but the European markets are rising on the news. The overnight rallies just don't stop. I figured we were due for a gap down but you don't win betting on gap downs in a bull market. You get crushed that way.
This gap up probably makes the intraday trading today a snore fest. So just watching here.
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- Another Momentum Market?
- Tops Take Longer
- Bullishness
- Good News Fed
- Nothing New
- Ignoring Inflation
- No Fear
- Resistance Weakens
- ES is Dead
- Europe Closed
- Marginal New Highs
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- What I Suspected
- Monster Gap Up
- INTC Blowout Earnings
- Kicking Cans
- Are We Downtrending?
- Back to the PIIGS
- Flood of Earnings
- Mixed View
- No More Vs
- Gap Up Signal
- This Selloff
- Europe Outperforming
- Collateral Damage
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- Oil Down, Budget Deal
- Gap Down Signal
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- First Dip
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- Ready To Breakout
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