This Is What A Stop Hunt Looks Like

Tyler Durden's picture

When the largest currency cross in the world spikes 70 pips on no news and starts trading like a penny stock, you know that beneath the calm surface of all-time high nominal stock prices, something is brewing... Of course, as we tweeted earlier, there is another reason for the ramp...

 

 

Retail needs to see S&P 500 at 1600... and in the face of macro data and micro earnings, there's only one way that is going to happen.