It Doesn’t Get Any Dumber Than This

It was another Looney Tunes day on both ends of the Acela Corridor. Even though the robo-machines made another panicked run to their putative “safe space” slightly above the 200-DMA (2750) on the S&P 500, we doubt whether landing there for the 5th time since PEAK TRUMP on last September 20 will prove to be the charm.