No doubt it is an egg on their face, but what is $2B these days when the word trillion is uttered without a second thought.
Funny how once gain, all the dominoes are being lined up right after the mutual fund and 401k money was sucked in on the first of the month. Wonder whether it’ll be time soon for the hedgies to visit disneyworld with kids or all this is just to elicit the pavlovian selling reaction, then buy low followed by next leg up.
Sell in May. Santa Claus Rally. What next ? Cinco De Mayo Buy-O-Buy-O ?
Its getting mind numbingly boring.