One of the toughest short mkt’s i can recall. The sucker just won’t let go even a little .
rebalancing and MOC are good topics to learn
You know what, I don't understand that move at all. There was no news reason for it. I am not sure how the S&P re-balancing for funds is supposed to work but I would doubt very much that they would all do it at the end of Friday - that is too predictable and works against them.Those huge 695 trades - did the funds really screw themselves by buying 3-4% above market?You believe the above two topics were the reason for the market’s move in the last hour or two on Friday?