Fears of yesterday were cast aside as the hot money came back into the markets, and the shorts who overstayed their position in the recent decline were scrambling to cover.
We have seen a particularly effective wash and rinse in the equity markets this week, ahead of the stock option expiration on this Friday.
Gold and silver and the Dollar and safe havens were all in disrepute today.
Have a pleasant evening.
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Future Market Returns = Dividend Yield + Earnings Growth +/- Change In P/E Ratio
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