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S&P, Dow Jump To Green For April

Tyler Durden's picture




 

The morning opened with stocks decoupled from FX carry - despite some random Nikkei headlines to juice JPY - and S&P futures pinned to 5Y yields (as the correlated pair of choice for now). S&P and Dow have rallied back into positive territory for April - so Mission Accomplished for now...

For get JPY for now... equities are all about bonds...

 

as TSY weakness lifts the S&P to unch for April...

 

Charts: Bloomberg

 

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Tue, 04/22/2014 - 09:49 | 4682387 Rainman
Rainman's picture

ho-hum .... just another Tuesday .

Tue, 04/22/2014 - 09:52 | 4682401 jubber
jubber's picture

DAX on steroids, up 500 points in the last week 150 of those from close Thursday, rest of Europe +Hong Kong and Japan all red to green this morning dragged up as usual by this endless US futures overnight ramps

Tue, 04/22/2014 - 09:55 | 4682407 Falconsixone
Falconsixone's picture

China the new PPT until they off load all the worthless paper they hold (buying america)

Tue, 04/22/2014 - 09:57 | 4682408 Falconsixone
Falconsixone's picture

Great investment.

Tue, 04/22/2014 - 09:56 | 4682411 JustObserving
JustObserving's picture

S&P and Dow have rallied back into positive territory for April - so Mission Accomplished for now...

You forgot to add that gold and silver have been smashed - now that's mission accomplished by the Fed and its minions.

Tue, 04/22/2014 - 10:00 | 4682429 Squid Viscous
Squid Viscous's picture

Trannies have a boner...

Tue, 04/22/2014 - 10:06 | 4682444 Doubleguns
Doubleguns's picture

Must be another April Fools joke and there are plenty of Greater Fools. 

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