Manic Meltup In Stocks: HOOD Goes Green, Dow Erases Week’s Losses

Arguably due to rising recession risks, rate-hike expectations are fading modestly this morning…

And that – it would appear – is all that anxious dip-buyers needed as they ripped stocks higher from an ugly overnight session. Nasdaq is now up 2% after being down 1%…

The ramp has lifted The Dow back to unchanged on the week…

And under the hood – pun intended – HOOD has exploded from down around 15% to up around 5%…

We wonder what happens when Europe closes?

Sometimes you just have to laugh… and look at liquidity…

This won’t end well.