Market is comfortably holding the morning gains, and bulls can now look forward to at least a few months of very significant gains. VIX is broken in the 12s. Copper is +6%, Oil is +1.5%, but the precious metals are so far failing to join the party.
Trans'daily
Summary
There is zero reason to expect the current gains to significantly erode into the close.
Today is day'1 of a breakout.
More on that over the weekend though.
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VIX update from Mr T.
back later