TMTB EOD

Good afternoon – QQQs had a nice rally today up 1.5% (outperforming SPX up 70bps) on the back of a weaker dollar, crude falling 5%+, and treasuries rallying across the curve (2 year yields down 10bps and 10 /30 year dn 4-6bps) as ADP number came in weaker than expected this morning and buoyed the bulls hopes of the Fed staying out of a box of higher yie…