More Meltup, Please

Riding a bounce in oil and gas and the latest breakdown in VIX, S&P futures are up 2.25 this morning.  Nice blurb from Bill Blain on ZH this morning, echoing pretty closely what we’ve been saying for the past year or two.  Combine a market increasingly playing follow the leader (indexers, ETFs, algos, etc.) and central banks with all the tools necessary to keep the algos going, and you have to wonder: can anything stop the meltup?

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