It seems the hangover from Friday's "good" news continues, warranting only one possible clip today...
First things first - The Dow dipped negative year-to-date, was briefly rescued by no-news Greece headlines...
And the S&P 500 (cash) index closed back below its 100DMA (at 2084.57) for the first time in a month... closing at its lows... (and falling further after hours in futures)
But while stocks were weak, the big moves were in The Dollar and Crude - both notably weaker...
The dollar was monkey-hammered today driven by a surge above 1.1200 in EURUSD... (3rd worst day for USD in 3 months)
As The Euro kept breaking significant levels...
Crude did not care but gold, silver and copper eked out gains...
In the only market The Fed cares about, stock indices were all weaker led by more turmoil in Trannies
The Greek headline was perfectly timed to ramp S&P 500 futures to VWAP (even though it was actually bad news)...
Notably, AAPL's weakness today weighed further on NASDAQ and leaves it the underperformer post Payrolls... Stocks closed "NOT" off the lows...
AAPL's day explained...
In case you missed it... Apple's Presentation was something like this... "am I right?"
The Treasury Complex was generally bid with the long-end underperforming (late day weakness in bonds driven by the no-news Greece headlines)....
With bond prices all lower post-payrolls...
Charts:Bloomberg
Bonus Chart: Whats wrong with this chart?












