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Gartman Does It Again: 30Y Tops 3.00%, Stocks Surge After "Bad News"

Oops, he did it again... Gartman: Sell Stocks, Buy Bonds

 

And this morning's terrible array of data was just what the doctor ordered to send stocks higher and bonds lower (because you sell stocks on recession-inspiring data because there is no safety bid)...

 

With USDJPY at 120.00 and Europe closing - we wonder how long this algo stop-run to yesterday's highs in stocks will last?

 

Charts: Bloomberg