After yesterday‘s capitulation of my well publicized short positions, I decided to talk to some of my colleagues just to find out they are as puzzled as I am. Digging deeper into market behavior, human psychology in trading. Remembering my last Goldman Sachs earnings call and the rapid down move of the share price, let’s see and watch for a while. What’s concerning is the many up-closes in markets especially, 13 up closes in a row of the SPY.

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