11/2 Recap, What A Nasty Reversal Day

We were humming along in the red all day, flipped green when Powell began speaking and very deeply red by the time he walked off. We always have this fake move at first and whatever it is, we end up much lower. Here is a visual. You can see the early pop which was followed by a massive near 500 point drop on the /NQ.

As we step back and look at the situa…