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Stocks Catching Down To Treasury's Fresh 15-Month Low Yields
It appears a combination of Cameron scaremongery and weak-spending-driven GDP downgrades has sparked a realization in stocks (for now) that maybe bonds are on to something. As 30Y Yields drop closer to a 3.05% handle (and fresh 15-month lows), stocks have rolled over notably this morning... Of course, it is Friday though and all that pent-up de-escalation buying power on the sidelines is just itching for new new highs in stocks.
Even short-term the divergence remains large...
But it seems the Cameron news was more important that weak macro...
Charts: Bloomberg
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almost, but not quite there yet.
One moar BTFATH and that's all folks!
we will go out with a new S&P ATH and a new Dow ATH >17038
ES down a massive 1.5 and 'well off the lows.'
Keep buying please sheep. All the more selling you'll have to do when you realise wtf is really going on out there.
Come on guys, nothing can possibly stop you now!!!
When the time comes, there will be no selling. No escape, no selling.
volume is way down..no one is buying or selling...just the companies with a daily order of buybacks....and a few chicken littles.....lowest weekly volume so far....but wait..I bet they push it over 2000 to end the week there...its just looks pretty
Give everyone something to boast about over the 3-day weekend, too. Nothing like talking about how "smart" you are in the "market" when you're putting down the ribeye and cabernet at your buddy's barbeque.
Chip: We're planning our vacay out in Vail this winter
Thurston: Oh? You should join us in Courcheval. My portfolio is through the roof!
and the equity indexes ramp begins once again going into the last hour of trading in LondonFraud....
Tylers pleeeease STFU for once when you see the S&P starting to roll over and perhaps we'll end up seeing a red day at the close one of these days.
These hockey stick saves have been 100% correlated to your "equities are rolling over" posts for as long as I can remember, and I have been on here since the very beginning.
Otherwise, keep up the good work shinning the light of truth on all their damn lies.
S&P green and at 2000...
NasCrap green....
Dow - 3, 2. 1.......green...
fucking joke.
10-year going sub-2.30% in 3, 2, 1...
Duck and cover. Here come the globalist nukes.
BTFD
all US futures back to green and the majority of Europe, no end to this shit until a nuke goes off somewhere IMHO
with 2 minutes to go on the London close the Dwo just turned positive erasing all its loses....
ALIBABA PROP-JOB ! Watch until IPO, the Cartel's biggest ever payday, they will engineer a new high a few days before. Don't believe it?
S&P at new all-time high. Who wants to hold through Labor Day?
fail