ESHs And Stocks Labored To Minor New Highs
The King Report January 21, 2021 Issue 6431 Q4 2020 hedge fund letters, conferences and more ESHs And Stocks RallyESHs commenced a rally during the Nikkei’s 2 Session that took ESHs from a low of 3788.50 at 23:22 ET to 3847.25 at 13:32 ET. Netflix’s surge in subscribers, the VIX expiry and the coming BoJ and ECB Communiques were the major factors in the rally. Trading models show that stocks usually rally sharply into central bank meetings and peak soon after communiques are released, especially when traders expect dovish rhetoric or more easy credit. After a modest retreat into the VIX Fix, E...