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Nasdaq Tops 5000 As Daily Stop Hunt Sends Stocks Vertical On Open

Tyler Durden's picture




 

A gap open in AAPL has sparked a vertical stop-hunt in US equity indices driving Nasdaq back above 5,000 for the first time in3 weeks. Algo buying-panics are being seen across all US equity indices as the US equity open is clearly a fundamentally bullish thing...

 

AAPL is...

 

and so Nasdaq soars past 5000...

 

and the US Open (and NYSE Direct Feed break) has enabled a melt-up at the open...

 

As "The QE Trade" makes a re-appearance...

 

It appears the Nasdaq Stop run is complete...(for now)

 

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