Algos And Day Traders—As Dumb As They Come

Rabobank’s Michael Every put it best: “it was enough to fool the algos, but not enough to mean much to supply chains.” Then again, fooling the algos is all that matters and the Emini is now trading at session highs and rapidly approaching its all time highs:             https://www.zerohedge.com/markets/stocks-surge-after-foxconn-receives-approval-resume-production-shenzhen

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