It's rare but the market can trick you. First move after the FED meeting was down 20 on S&P. Then the Massive short squeeze higher. Then after the shorts covered. Then the market does what it's supposed to do in the first pace it sells off.
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I was baffled by that short squeeze move because I believed a hawkish FED (because of inflation) was NOT a good thing for the market. I mean we've had the dovish FED for ages. The 12 year Bull market was built on it. twitter.com/MasterBJones/s…