"Earnings Truth... You can't handle the earnings truth!!"
There are no belwethers left for talking heads to ignore...
[5]
Tech was weak on the day but we note once again financials falling...
[6]
Equity markets were weak before US earnings started...
[7]
Dragging everything red year-to-date...
[8]
As stocks were levitated higher after Europe closed until USDJPY hit 118.00...
[9]
"Most Shorted" stocks were once again squeezed... but this time they couldn't hold it...
[10]
Which leaves The Dow perfectly unchanged since QE3 ended...
[11]
The US Dollar weakened for the 2nd day - now down 1.4% this week... (notice the clusterfuck in Swissy as Europe opened and intervention chatter dumped and pumped it)
[12]
Which somehow is merely another derivative of oil...
[13]
Treasury yields ended the day unchanged after a huge roundtrip (but were starting to drop as stocks slipped late on)...
[14]
Gold, silver, and Crude all gained on the day as Copper gave all yesterday's "odd" gains back...
[15]
Crude ran up to yesterday's highs running stops but ended back below $46...
[16]
Since ECB QE, Gold and Silver are green, Crude and Copper lower still...
[17]
All eyes on AAPL now... which closed "not off the lows"
[18]
Charts: Bloomberg