Small Caps Soar To Best Start Since 1987 As China Adds Record Liquidity
Graphic heavy
Wondering why stocks are soaring?
Simple really - Global Central Bank balance sheets are soaring again…
And China just injected a record 1.16 trillion yuan into the financial system… (yea trillion with a 't') pic 2
It seems the algos did not get the message the first time as Trade headlines pumped and dumped… and then they ripped…
Trannies are best this week…
Trannies are also the best performer of the US majors YTD, but the Russell 2000 is off to its best start to a year since 1987…
rest at link
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pic three is what I have mentioned all week and last. Heavily shorted stocks are contributing the most to this rise as that is easy to get weak ones to panic and cover. That is just about done now.
https://www.zerohedge.com/news/2019-01-18/small-caps-soar-best-start-1987-china-adds-record-liquidty