And now we know why….

Unemployment statistics are better than expected. Even November and December get revised upward, probably the effects of seasonal hiring. It is confirmation that economic activity is improving, fed policies are working and the Dow is up 100 + as markets continue  in breakout mode. This is probably what the market was ferreting out all along. The big question is does the news get sold or bought? Probably both!

If you haven’t chased anything and cannot do that now the obvious trade is to short gold and miners.

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