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Trannies Top But Dow Pumps-And-Dumps
Despite the early volumeless lift, helped by USDJPY, it appears stock investors began to get the hint that the US economy (Stan Fischer), Iraq (coup), Ukraine (Russian will do it anyway), and Israel are not all fixed. Bonds rallied modestly early on ignoring the equity bounce and then as Europe closed (and a few Ukraine and Iraq headlines of reality hit), stocks leaked back off their highs. Treasuries end the day unchanged (5Y -1bps), Silver popped 0.75% back above $20, copper and oil modestly higher and gold down small to $1310. FX markets appeared quiet (USD ended practically unchanged) but EUR weakness was offset by CAD and SEK strength. S&P futures volume was 40% below average.
Europe's close was the pivot...
For bonds too...
As the ramp off Friday's slowed...
USDJPY stopped working when Europe closed...
Oil ended the day modestly higher, silver was the winner as it gained some back against gold...
FX ended with the USD unch but EUR weakness was notable (as was CAD and SEK strength)
Charts: Bloomberg
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Why did this title give me a hard-on?!
You dig trannies.
It's been an hour so it's time for an ebola update
What I said it would be this morning:
http://www.zerohedge.com/news/2014-08-11/bonds-dont-believe-its-all-over...
If you live on main street, that might be a reason.
Trannies... hehe
I love Zero Hedge
A 1% 10y will be necessary to pull uber-leveraged housing's balls out of the deflation fire.
So let it be written. So let it be done.
Nope. Still haven't seen 90% peak-to-trough reval. Until then, housing remains in limbo (i.e. too many bulls).
Unless you're a realtor, then I understand your position. ;-)
Nein on realtoring....that's women's work.
SnapDragons my favorite flowers.
You mean Snatch Ur Dragon
I think I saw that same headline on TMZ
Trannies rulez! All that suffering, what with being perched on high heels when you weigh a good 198 pounds and take a 10.5, is finally paying!
Now that was an unfortunate headline.
My last individual stock holding was KMP.... until today. Feels good to be outta the water.