With stocks surging and the US dollar rebounding, one of the legends in the business said, “The shorts began to panic.”
A Short Panic
Here is a portion of today’s note from legend Art Cashin: The stock market painted a beautiful picture yesterday but that wasn’t truly evident until the final thirty minutes in trading.
Apparent Tariff Truce Spooks The Shorts – Stocks began the Wednesday session in a rather shaky fashion.
The Dow weighed heaviest in the early trading and that was due to two specific components.
also from King World News”
Celente Just Issued A Major Trend Alert For Gold & The Stock Market
