Spy is finalizing a bull trap.
This is a zombie, autopilot market driven by Fed liquidity and too much optimism on a V shaped recovery, with a rally on descending volume, pricing in only the best scenarios and a tremendous discrepancy on valuations with a very big hit on future earnings.
This is a zombie, autopilot market driven by Fed liquidity and too much optimism on a V shaped recovery, with a rally on descending volume, pricing in only the best scenarios and a tremendous discrepancy on valuations with a very big hit on future earnings.
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