SPDR S&P 500 (SPY)

[imiloa]

imo, Emanuel isn't "missing the point,"
he's consciously hoping no one will notice what you noticed. ;)

kinda like the talking heads last november
citing last october as proof that the next bull market was starting after the small correction in august.

were they truly the myopic and naive?
or were they screaming, "buy, buy, buy!"
so they and their puppetmasters could sell, sell, sell?