Short-Squeezers Shredded As Dash-For-Trash Disappoints; Breadth Abysmal, Bitcoin Bad, Bullion Better
The shutdown drags on - and with it with a desert of data upon which to guess what the economy is doing. Today we weren't helped by Manufacturing PMIs which simultaneously rose and expanded and shrank and contracted with prices higher and lower and employment lower and higher. Choose your own adventure. The market didn't love the weak ISM data and sold at around 10ET but dip-buyers were back en masse 30 minutes later.
