So, you want a recap huh? Some insight as to what happened today? Well, it sort of feels like a bit of everything happened today. The ongoing earnings avalanche along with seismic shifts in rotation from crowded trades to ones that are less so; or in the words of one client “…there is no shortage of good stocks getting sold & c**p stocks getting bought this week...” Markets were pummeled yesterday, at least it LOOKED as such but under the covers, 1/3 of the S&P 500 was actually green on the big…
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