The market has been behaving very erratically for the past two week. Many individual stocks are being short squeezed beyond imagination while, simultaneously, most market sectors are closing red day after day; and volatility closing green. What is going on?!?!
Is it still possible that the rally since March 2020 is a false hope 'B' wave propelled to insane heights by unprecedented stimulus? I had nearly thrown out this idea based on the length and strength of the rally. However, if this was the case, and it was all merely an illusion, then the phoenix may rise again in its most powerful and dreaded form, the dreaded 'C' wave.
Is it still possible that the rally since March 2020 is a false hope 'B' wave propelled to insane heights by unprecedented stimulus? I had nearly thrown out this idea based on the length and strength of the rally. However, if this was the case, and it was all merely an illusion, then the phoenix may rise again in its most powerful and dreaded form, the dreaded 'C' wave.