Weak dollar props financial markets

Surprising gold was also weak. Felt like a short term reallocation of money from a long time winner, gold, to long time suffering stocks. Tape on BAC, GS, MS in the financials remained pathetic all day. Bear market rallies are strong. Looking to re-short QQQ @ 20 EMA and to reload on GLD around 173, if it reaches there.

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Mid day markets

Markets moving higher on low volums as QQQ’s take out yesterdays high. Goldman Sachs (GS) lagging badly. Energy and tech doing well.