SPDR S&P 500 (SPY): Yup it is counter intuitive for fundemen...

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Re: risk on post# 209879

Wednesday, 07/27/2016 4:46:34 PM

Wednesday, July 27, 2016 4:46:34 PM

Yup it is counter intuitive for fundemental reason. But for pure momo driven irrational carry trade its pretty much the norm. Thats why when holicopter ben went to tokyo it spurred ath bc the yen sank helped push our maket up. Down the road it would not add up though bc of the "strong dollar" hurt revenues etc. friday will be big day for direction imo.

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