The best jobs print in 2015 sparked a surge in the dollar and purge on everything else... quickly followed by this from some...
...and this from the mainstream media and their sponsoring talking heads.
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Having dipped and ripped on a huge miss in October, after today's beat, the market couldn't quite pull it off...
[5]
WTI Crude was the worst-performer post-Payrolls as stocks desperately ramped to get back to unchanged...
[6]
On the day, Small Caps and Trannies were on fire (squeeze) as S&P was unablew to get there...
[7]
Despite the massive crush on VIX to get the S&P 500 above 2100 - which failed..
[8]
VIX (equity implied business risk) and HY bond spreads (credit implied business risks) remain notably decoupled...
[9]
Thanks to yet another big short squeeze...
[10]
Small Caps had a massive week... the 2nd biggest week since Oct 2014's Bullard Bounce
[11]
As Financials surged...
[12]
BABA was bashed (and thus YHOO yanked) after Chanos said he was shorting...
[13]
Credit markets did not bounce...
[14]
Treasury yields spiked after the jobs data and did not give much back as stocks sank... (notice that on the week 2Y actually outperformed with the belly worst)
[15]
We note that 2Y yields spiked to 95bps at their highs (and futures were halted) before fading back (still 6bps higher on the day) - the highest since May 2010...
[16]
The USD surged today on the payrolls beat... with AUD crashing and EURUSD
[17]
The USD Index hit 7-month hghs today... after biggest 3-week gain since March's peak...
[18]
The USD strength weighed heavy on all commodities with Copper managing to modestly outperform as gold, silver, and crude all huddled together down 4.5 to 5% on the week...
[19]
Gold is back under $1100, at August lows (down 8 straight days, and 12 of the last 13), and Silver down 7 straiught days to September lows...
[20]
Charts: Bloomberg