Homebuilders have surged to the best performing sector off the debt-ceiling-debacle lows now (up a stunning 8.3%) despite a mixed bag of performance today with Trannies once again (10th of the last 11 days) surging to new all-time highs (as Oil prices slide further south). This is the best 11-day run (+9.9%) for the Dow Transports since June of last year. Treasury yields rose modestly once again (despite SocGen's threat of moar QE next week) but remain 3-6bps lower on the week. Gold and Silver had another solid day (+2.3% and 3.6% respectively on the week). The USD flatlined (-0.5% on the week) with EUR strength continuing (and CAD and AUD weakness continuing).
Homebuilders take over the top spot in the last 10 day's rally exuberance...
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The Dow Transports just continue to soar...
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Treasuries continue to limp higher in yield amid very low volumes...
Gold and Silver continues to rise - now at one-month highs...
Overall the USD was flat but JPY crosses seemed to be the mean-revrting asset of choice today (again...
Oil prices continue to collapse...
making us wonder - what changed in the summer of 2012? ;-)
Credit remains far less sanguine (and this afternoon's Fed comments sparked further weakness)...
Charts: Bloomberg