Update 1015ET: The COVID-reflation trade is back as value is puked…

Algos have stormed Nasdaq into the green… (but it’s not holding)…

And at the same time, large-cap (Dow) and small-cap (Russell 2000) stocks are plunging…

Meanwhile, bonds haven’t moved.

*  *  *

The algos are large and in charge this morning, as they ramp Nasdaq back to overnight highs…

Small Caps and The Dow are being dumped as Nasdaq explodes…

Sorry but WTF!!!



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