How To Manufacture A Record High Stock Market Close On A Friday Afternoon

Presented with little comment aside to note, amid a quiet day with non-equity markets showing extremely volatile movements, it was decided by a great majority that (following 90 minutes of momentum ignition efforts) all protection should be lifted and VIX was smashed to its lowest level in a month...


this was going on right before... algos running the show to try and build the momentum... just keep pushing and reversing to take out stops...

then this...





'Nothing unusual here at all'


Charts: Bloomberg


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