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Stocks Fill Overnight Gap But Crude & Carry Support Stalled

Tyler Durden's picture
Submitted by Tyler Durden on 01/26/2015 09:58 -0400



 

Surprise! The weakness overnight in US equity futures has been eradicated in its best USDJPY-driven fashion. S&P, Dow, and Nasdaq futures have all managed to float higher on a sea of Crude and JPY carry exuberance to fill the overnight gap perfectly... except now that they have, USDJPY and Crude have turned down... We suspect the word "contained" will win CNBC-Bingo today...

 

Mission Accomplished...

 

But for now the Crude and carry support appears to have stalled...

 

Charts: Bloomberg

 
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Mon, 01/26/2015 - 10:02 | 5705763 Squid Viscous
Squid Viscous's picture

Magically Delicious!

Mon, 01/26/2015 - 10:02 | 5705766 SheepDog-One
SheepDog-One's picture

Johnny5 got it contained!

Mon, 01/26/2015 - 10:05 | 5705779 George Soros
George Soros's picture

Risk unrattled haha 

Mon, 01/26/2015 - 10:07 | 5705781 101 years and c...
101 years and counting's picture

i am completely (un)shocked the markets have melted all the way back to being flat after being down 20.  (UN)SHOCKED!!!

Mon, 01/26/2015 - 10:07 | 5705789 blown income
blown income's picture

Fucking joke ....would like to see 1 fucking day with no algos, ppt, etc

 

(i can dream)

Mon, 01/26/2015 - 10:18 | 5705825 El Hosel
El Hosel's picture

Bloomberg was streaming the" bounce back" in stocks Headlines before it happened..... What a ""Market"

Mon, 01/26/2015 - 10:18 | 5705832 SheepDog-One
SheepDog-One's picture

Stawks strong, even with snowstorm comin? I'd think they'd let stawks dump a bit now and blame it on Polar Vortex 2.

Mon, 01/26/2015 - 10:20 | 5705837 Slowdrip
Slowdrip's picture

The 'agony and ecstasy' of the climb to DOW 30k...... 

Mon, 01/26/2015 - 10:41 | 5705974 insanelysane
insanelysane's picture

Everything is fine.  Sports Illustrated is laying off all of their full time photographers.  Shouldn't they just close the entire business or does the word "illustrated" mean something else?

http://money.cnn.com/2015/01/23/media/sports-illustrated-lays-off-photog...

Mon, 01/26/2015 - 11:13 | 5706116 Father Lucifer
Father Lucifer's picture

So what's a dip now? about 0.3%?

Mon, 01/26/2015 - 12:12 | 5706427 cheech_wizard
cheech_wizard's picture

It is akin to sticking one's big toe in the water, and then pronouncing it is too cold to go in.

 

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