STTG Market Recap Apr 20, 2015

China taketh and China giveth. After Friday’s selloff was caused by some tightening lending standards and increased short opportunities in the Chinese market, we saw a role reversal as China’s central bank acted to ease. In now normal knee jerk reaction markets jumped when any central bank in the world says jump. The S&P 500 gained 0.92% and the NASDAQ 1.27%. On Sunday, China’s…

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