We wondered earlier whether Kevin Henry would achieve his goal.. and he did. VIX is now sub-14 once again and thanks to a lift-off in EURJPY, stocks are surging. The Dow Industrials (and almost the Transports) have recovered all their post-FOMC losses in this reaction to the apparently more dovish minutes. Gold is maintaining gains. Bond markets ripped lower in yield and the USD is tumbling. The ammo, of course, for all this, is "most shorted" stocks which are spiking post-FOMC.
Will K-Hen send VIX under 14 today? Find out shortly
— zerohedge (@zerohedge) April 9, 2014 [3]
EURJPY ignited it but is fading now...
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As VIX was banged below 14...
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Squeeze....
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which has bounced the Dow back up to unch from the FOMC...
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Buy bonds, buy stocks, buy gold, sell USD...
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