01Jul - David Nichols Morning Briefing
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01Jul - David Nichols Morning Briefing
For the bullish case to pan out, we'll have to see the scenario that Adam has recently outlined, in which implied volatility and prices move higher in tandem. There is a precedent for this from last December's strong ramp up. But it's not a common occurrence. Could any "summer rally" be similar in make-up to last December's "Santa Clause rally?" .....
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