This page has been archived and commenting is disabled.
Stocks Are Up - It's Tuesday Durr!
A hot CPI and better-than-expected home sales was all that was needed (aside from USDJPY and VIX pumps) to send the S&P 500 and Trannies to new all-time intraday record highs. Escalating sanctions threats and death tolls be buggered... this is going to the moon, Alice. Treasuries were less than exuberant and rallied 4bps off their high yields of the day (i.e. totally disconnecting from stocks) and even USDJPY decoupled through the middle of the day. The USD rose 0.3% (biggest jump in 3 weeks) testing up towards 5-month highs. Gold and silver were dumped, pumped, and then dumped as CPI and housing data hit to end the day mixed. Credit rallied but diverged again this afternoon and remains wider post-MH17. VIX closed back below 12. Only the Dow remains modestly red since MH17 headlines hit last week and in spite of all this exuberance The Russell 2000 remains -0.5% year-to-date.
Dow remains red post-MH17...
It appears the S&P finds the Pre-Payrolls levels the most critical...
USDJPY started it but stocks were in a world of their own... though converged in the end...
Credit markets rallied today but remain less ignorant of geopolitical risk...
Longer-term Treasury yields tumbled after hotter than expected CPI - earlier Fed hikes, slower terminal growth, sooner next cycle...
Shorts were squeezed dramatically at the open...
The USD is pushing towards 5-month highs...
Oil prices slipped on the day with the August futures expiration shanigans. Gold and silver closed mixed...
Gold was dumped (pre-CPI), pumped (post-CPI) then dumped (post home sales)...
Charts: Bloomberg
Bonus Chart
»
- 4422 reads
- Printer-friendly version
- Send to friend
- advertisements -
(x) BTFx
TT tuesday .. Turn around Tuesday ..
ready for AAPL ? -- http://hedgeaccording.ly/2014/07/ackman-we-spent-investors-50m-probing-h...
SPY took a huge diarreah dump after hours. I can smell it all the way up here in Canada.
TThis rally ends when Tyler throws in the towel. Cm on Tyler help us out
This is nothing more than another American fraud on the unsuspecting! This bubble will burst and with it take all those who get left holding the bag.
No risk whatsoever!
World War III? Dow 20,000!
just wait till apple reports, expected move is around 4$, probably be up 10-15$
Better hurry up and buy it now, may be your last chance to buy some AAPL below 100 before it's next leg higher on its way back to 700$
uhh, no ...
its very fucking simple.
whenever there is a down day on wall st ( very rare) all losses must be wiped away by following morning by 945.
isnt it amazing how everytime we sell off at open, somehow ''investors'' are always buying bringining this ponzi scheme back to flat for the day, yet when we are up 60-70 dow pts, somehow, the ''market'' always stays within that range as no ''investor'' ever wants to sell
Man, market felt like it wanted to fall all afternoon.....but no....not until 4:00:01. What a crock.
Would love to know what Ackman is thinking right now. Besides "Im FUCKED!"
Hot Chocolate - Every 1's a Winner (1978) HQ
http://www.youtube.com/watch?v=JQsg6XXGxXQ (3:58)
Buy silver instead, sale from APMEX on ebay today only-
http://www.ebay.com/itm/2014-1-oz-Silver-American-Eagle-Lot-of-10/111272...
Apple missed their "conservative" rev # by over half a billion -- now down 2 cents from yesterday's closing price, I'm buying with both fists here....weee
Annie Greensprings, Boone's Farm and Ripple. Old, but aged well.
Tuesday? Up...as almost always. I am a normal guy and I know Tuesdays always (almost) finish up, up, up.
Free market forever!