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Spot The Difference
Wondering what drove stocks higher? Assumed it was all the "hope" for a deal this weekend after Boehner's comments (which were absolutely not conciliatory)? Think again - Only one thing that matters...
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So, if the correlation is 1:1, we should expect an afternoon sell off in ES or a gap close up on AUDJPY.
Meanwhile mining stocks are a steal at these prices....
Dow Jones Dives After Fake Obama Attack Tweet
What you feed into google becomes a barometer for market exchanges. It’s a closed loop system. Someone has tested multiple times.. Results yield repeatability.
Great to see the "algo-wobble" in DOW, S&P, Russell ALL AFTERNOON......it is good to know that the Comandant of Class Warfare-Benny Bernanke has OUR ASS'es in DC 'COVERED'!
So you sell your yen to buy AUD and then invest the spread proceeds in stocks?? Or what?
Am I the only dumbass that is gonna pairs risk arbitrage these two instruments?