Sure... why not. US equity markets went vertical in the pre-open and followed through as cash indices opened. This ramp drags stocks back to unchanged from the pre-payrolls level on Friday... It should not surprise anyoine that the ramp coincided with a USDJPY liftathon and yet another bounce in crude oil prices...
Stocks ramped back to 50-DMA and Payrolls..
Thanks to USDJPY...
Just keep believing...
And another bounce in crude...
Charts: bloomberg




