Stocks Go Vertical, Just Because

Sometimes you just have to laugh... S&P green, check; catch up with AUDJPY, check; squeeze "most shorted", check... It appears the algos got the 330RAMP timing a little off. FX markets - no change; TSY markets - very small reaction, credit reacted but roundtripped.

 

Up - just because...

 

With the S&P going vertical

 

to catch up to AUDJPY

 

As Shorts are squeezed

 

 

And credit gives up its blip gains

 

Charts: Bloomberg