Stocks gapped higher at today’s open, and the intraday CBOE put-call ratio showed a 22 month extreme in the level of call-buying to put-buying. The NYSE advance/decline ratio closed the day at 1.56 to 1, which is a mild day relative to a new all-time high in the Dow Indusdustirals. To see what that means, check out tonight’s new Short Term Update.

https://bit.ly/31Nha9f