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Stocks Panic-Bid To End ‘Inflationary’ Week, Dollar Dumps

Including last Friday’s shortened day (during which futures were open around the payrolls print), Nasdaq has soared and Small Caps disappointed (especially notable given the spike in Small Caps on the jobs print). We must say we enjoyed the farcical ramp in the last few minutes of the day that sent ..

It appears VIX was the magic lever by which this mystical rampathon was achieved with two VIX slams to ignite momentum, then reverse fast and buy calls (bid vol)… when it stalled around 1536ET, repeat… and that worked again (and that’s how you ramp Dow Futures by 150 points)…

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