S&P rallies 55 points from low of yesterday (at about 2:30pm), and why? because of some report of some oil minister? No one believes it! Oil has the biggest day in 7 years?
because Jaimie Diamond bought shares in JP Morgan?
lol,
Bob Pisani on CNBC summed it up best right at the close, he's usually very calm,cool,collected. but was rather animated...
"2:30pm yesterday, the whole world changed. What Happened? A UAE minister comes out and says we may get some....nothing has changed"
I added to my TVIX holding, and grabbed some DWTI.