What a wild week. I think the best way to convey the various forces at work across the financial market is to look at what I consider the nine most important charts of the week.
Major stock indices started the week with a blast, gaining some 6% between Monday and Tuesday, which was the largest two-day rally since March 2020.
By midday Friday, both the SPDR S&P 500 (SPY) and Invesco Powershares Nasdaq 100 (QQQ) had given back more than half those gains. It’s a schitzo market.
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