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2.16.2017 Bookmark

2.16.2017

Good morning everyone, welcome to a new day. 

A test?  Is today going to be a test of the resiliency of the market? I ask that because an article in Zero Hedge last night suggested that the bulk of this volumeless rip higher could be from a giant fund that was "forced" to cover all their shorts. While the mechanics of it do make sense, if it is proven to be true, and the reason that the volumes have been so low is because it's really only a few people and this giant fund "covering shorts".... we could roll over pretty hard. 

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