Stock Market Technical Analysis Blog
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In the market Friday we saw the three day blistering short squeeze lose its steam. The move was a strong pronounced move orchestrated by Team Yellen and was boosted by Wall Street's desire to get the market higher quickly right before Friday's option expiration to allow them to keep a great deal of the money investors had spent on Puts the past two weeks. Not pretty but that is the way the game is played.
Could we please have a few days of less manipulated stock market activity now?
Trade well my friends
Alan
