The Fed does it again!

Fed minutes basically saying they’ll let us know. ECB about to do a trillion and last night we get Chicago Fed’s Evans quote: “”raising rates would be a catastrophe,” Futures immediately soared. 4% corrections now too much!

As we write this, in 1 day and 45 minutes, the market is back to even for the week. Yesterday, Restaurants, Retail were breaking out first day off a low. Even a few housing names were moving out. And today…the screens are lighting up like a pinball machine. Even the oils are green…of course, they are way overdue.

Not much more to say…looks like another straight down-straight up.

Knicks are 5-33.