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Quad Witching VIX Slam Sends Stocks To Record Highs
Strongly supported by a surge in AUDJPY, the S&P 500 futures rallied into the US open on this quad witching day and the cash index surged higher once the market opened - breaking to new all-time record highs at 1883.97. VIX was clubbed back below 14% to provide some further support. Nothing else is moving in this 'jerky' manner... gold is leaking higher, Treasuries holding flat (at high yields of week), and the USD is flat... which makes one wonder how long this spike wil hold...
AUDJPY in charge of stocks...
Which provided just the ammo to open the cash index to new record highs...
but bonds remain dead...
As VIX was slammed bacxk under 14%
Charts: Bloomberg
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Fraud!
Banksters got to get paid. And look next week quarter end! Full ramp speed ahead. So what Russia and China won't buy our debt.
In other news Mt Gox found 200,000 bitcoins in some random wallet laying around! Seems like a very safe currency alternative, or better yet a storage of wealth. haha lmao, foney baloney where you at?
130 million here, 130 million there, pretty soon we're talking about some real money..
2 words...FUKKING FAKE
2 words: FUKKING FAKE
There is no reason not to be bullish.
Someone left the algos on buy only mode.
yellen starts learning the fed tricks, she got potential, started my buying program when we reached ath, this ponzi lives... I can feel the clenbuterol in my veins
Like I have been saying. As long as the 'market' is a policy tool, bears will never be able to make any significant "money" on the downside.
March Madness! XLF to the moon because the banks are all ok, Dick Bove said so...
I thought I felt extra rich today. I think I'll go out and buy a new sportscar and hire two new servants. Keepin' America workin'!
Might as well get a couple Russian hookers while you're at it;^)
Russian Hookers have been sanctioned. I mean they said Politicians but same diference
It seems freaking anything will slam stawks to new highs.
BUY BUY MOAR MOAR
Gold being taken to the woodshed this morning. The mainstream financial media had its marching orders (starting with BI at 4:30-ish am) to initiate another gold takedown narrative. They thought that the Crimea "resolution" and the FOMC minutes/press conference had done its job…and then low and behold gold remains somewhat resilient. Unacceptable!
well...bonds remain "dead" in the sense that they're the only non correlated asset class to the entire boondoggle known as "Crazy KGB Colonel."
The Micex has gotten hammered...although the Ruble is still hanging in there. Hard to see commodities making a big move higher this year...at least in the intermediate term...since to pay for all this geopolitical b.s. your gonna see the "printing" of a lot of copper, silver, gold, etc....
So sure...the "caboose" of equities keeps pushing the broken down locomotive called the economy higher.
obviously the repsonse to Chair Yellen's press conference was a completely irrational reaction given the backdrop of "actual stuff going on in the world."
move along...no one is listening.