Just like that non-farm payrolls surprise to the upside after weak jobless claims. Makes you wonder if someone fudged it or is it just noisy data in a mulit-trillion dollar economy. Probably the latter, but if there is a puppet master to all of this she/he must be smiling happily. Yesterday they didn’t want gold or oil or stocks, today futures look to reverse yesterday’s losses. Goldman came out today saying rally in oil once more, after recommending that the commodity trade was over about a month ago. The mantle of puppet master surely belongs to them but….
I am back in google. Catching a few swings like these, makes up for worrying about fundamentals and technicals. Dips are for buying, shorts are for squeezing, again!