Hell.
The market will probably be up 5% at the open, and be up by 150 points at the close.
Seen this story 100x before....
and be up by 150 points at the close.
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The infamous 15:30 PPT ramp up .... Puerto Rico is a grenade... it isn’t that important by itself but it shows how incredibly stupid money managers are when they have $Billions that they MUST invest ,, no matter how many alarm bells are ringing... They invest ,, collect a bonus and go home ... when it blows up they have Uncle Sugar steal funds from us either via inflation , printing or at the barrel of a gun and fund the same wall streeters all over again..