Looking at the casino at any point prior to 3:30pm has become a total waste of time. The algos know that the only remaining buying liquidity is above the market in the form of short-covering, so they’ve been generating one short-covering rally after another. Each one having the half-life of a rotten banana. Yesterday was a one hundred point round trip to nowhere in the S&P in a matter of a few hours. All very bullish…
Problem with that is that if he fires Sessions then Christie must be approved by the Senate – that’s a tough sell. He ought to fire both of them and keep firing until he gets who he wants as an interim AG.
One thing for sure is that both Rosenstein and Sessions need to go. NOW.
maddog – I think both Trump and Sessions are compromised by the deep state