• Webcast: The Massive Tectonic Shifts in the Global Economy

    Trendspotting investment strategist and former WH economic advisor Pippa Malmgren talks markets and geopolitics with Keith McCullough

Our "Beware Of The Squeeze" call (11/12) is not one that lasts in perpetuity. As the math changes, so do our models. The shorts have been eaten, not once, but twice in the last 48 hours - today's rally off the lows was impressive. "Pop... Pop... Bang!"

And yes, we are selling into it... that's what winners do. We aren't going to get piggy here. This isn’t a Depression, but it is a recession, after all... we need to ration points when we are awarded them. Keep a "Trade" a trade.

See levels below: SP500 resistance lines are material up at 920 and 920. Sharks can jump and bite bulls too, don't forget.
KM