The US dollar surged to 3-month highs amid a (bullish) breakout of an inverse Head & Shoulders pattern. The latest Commitment of Traders (COT) report highlighted a substantial draw-down in positioning against the greenback. Meanwhile, the sell-off in treasuries helped expand interest rate differentials (in favor of the US), but initially spooked equity markets early in the week. Several key earning report beats, however, managed to push stocks once again to fresh all-time highs, with the technology sector leading the way. For more, check out my blog.....