Weekly Wrap – Stimulus, Reflation, Rotation and Shorts Squeezed
A couple of weeks ago the S&P had fallen over -10% and the NASDAQ-100 had fallen more than -14%. The S&P was down 4 weeks in a row, something it hadn’t even done during the March crash, and the stock market was the most oversold since the March crash. The U.S. Dollar Index had bounced…