The Schizophrenic Market Update - Buy The Rumor, Sell The News, Then BTFD

Tyler Durden's picture

It's been 20 minutes and in that time we have been entirely depressed as every risk-on asset dumped to the day's lows or lower and now we are entirely euphoric - there is still hope - as Gold/Silver make new highs, stocks recover all their losses, Treasury yields continue to fall, and EURUSD does, well, we are not sure really... Meanwhile, European Sovereigns are all cracking wider...

 

Gold and Silver chaos...

 

S&P 500 futures rip-dip-'n'-rip...

 

EURUSD Algo-mania...

 

meanwhile EGBs...

 

Charts: Bloomberg