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Home > Yen Momentum Ignition Launches S&P500 On Its Way To All Time High

Yen Momentum Ignition Launches S&P500 On Its Way To All Time High

By Tyler Durden
Created 01/15/2014 - 10:10
Tyler Durden's picture [1]
Submitted by Tyler Durden [1] on 01/15/2014 10:10 -0500



 

UPDATE: USDJPY retraced the POMO spike...

[5]

So VIX takes over...

[6]

 

The S&P 500 is screaching back towards its record all-time highs with a little help from a USDJPY-sparked momentum ignition and a $4-5 Billion POMO... behold the efficient markets...

 

[7]

 

What a farcical joke... For now, VIX ain't buying it...

[8]

 

Chart: Bloomberg

 

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Source URL: http://www.zerohedge.com/news/2014-01-15/yen-momentum-ignition-launches-sp500-its-way-all-time-high

Links:
[1] http://www.zerohedge.com/users/tyler-durden
[2] http://www.zerohedge.com/taxonomy_vtn/term/9652
[3] http://www.zerohedge.com/taxonomy_vtn/term/12415
[4] http://www.zerohedge.com/taxonomy_vtn/term/10118
[5] http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2014/01/20140115_POMO2.jpg
[6] http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2014/01/20140115_POMO3.jpg
[7] http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2014/01/20140115_POMO.jpg
[8] http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2014/01/20140115_POMO1.jpg