This is getting old. The PPT is now juicing Oil higher, because doing so relieves stress in the junk bond market (a large percentage of junk bond issuers are shale companies that require higher Oil prices to be profitable). This, in turn, is sending a “all clear” signal to stocks, inducing algos to buy indiscriminately. […]
The post Warning: Goldman Sachs and Semiconductors Aren’t Buying This Rally Anymore $GS $SOX appeared first on Gains Pains & Capital.
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