Small Caps Go Green, Erase Trump-COVID Crash
Tyler Durden
Fri, 10/02/2020 – 11:31
US equity futures tumbled over 2% overnight as Trump testing positive for COVID headlines sparked derisking. Some ‘hopeful’ comments from Pelosi this morning are being assigned as the reason for this cash-opening melt-up that has squeezed Small Caps into the green for the day…
But note that Nasdaq has been sold as Small Caps surge.
All the US Majors are hovering around their 50DMAs…
