Gotta love ZERO RISK in the SP500 = $$$

It would not surprise me one bit if markets went completely red by the close!!!!!

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It would not surprise me one bit if markets went completely red by the close!!!!!

Seriously dude. WHY? Bloomberg host is stunned with the job numbers...he is a bear and still in shock. There are still other stages of grief and everyone is covering. Who is going to bring this market down -2% from here?
 
  • Nonfarm payrolls rose by 2.5 million in May and the unemployment rate fell to 13.3%.
  • Wall Street estimates had been for a decline of 8.3 million and a jobless level of 19.5%, which would have been the worst since the Great Depression era.
  • Much of the gain came from those classified as temporary layoffs due to the coronavirus-related economic shutdown.
 
Nasdaq new intraday historical highs!!

KEY DATA
  • OPEN 9,703.54
  • DAY RANGE9,685.35 - 9,842.49
  • 52 WEEK RANGE6,631.42 - 9,842.49
PERFORMANCE
5 Day
  • 3.66%
1 Month
  • 7.85%
3 Month
  • 14.71%
YTD
  • 9.63%
1 Year
  • 27.06%
 
The tape says max pain...so close at highs today and gap up monday morning. Feel free to fade this, but it is so obvious to me that is what is happening.
 
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