Hvorfor stiger aktierne – indspark ønskes:
> short squeeze – måske
> alligevel ikke en rentestigning i USA, næppe
> optrapning af krigshandlinger i Mellemøsten, måske
> ny solid økonomisk vækst i USA, næppe
> ????
> ????
Fra Zerohedge:
Stocks End Green – The Terrorists Lose!!
This just seemed appropriate… (WARNING – Highly NSFW!!)
Because if one thing says Buy Stocks – it’s ISIS showing just how ineffective Western governments and intelligence is in the new normal, raising uncertainty, an unprecedented 5th recession in 5 years in Japan and dismal US Empire manufacturing data…
Cash indices perfectly bottom-ticked as Europe closed…
The Dow and S&P recovered all of Friday’s losses…
Of course the real reason for the rally is ‘Gartman’!
Dow Futures are up over 400 points from the opening lows…
SUNE Sucked…
And Clovis was crapped on…
* * *
“123” was really all that mattered to the machines in charge of the manipulation…
But it was crude that really ran the show…
VIX was clubbed like a baby seal… with all sorts of noisy tails…biggest drop in 4 weeks
VXX dropped over 10% – the biggest single-day drop since October 2013!!!!
Sell Vol when the terrorists strike…
Credit markets continue to get crushed (with loans back at 5 year lows)…
Treasury yields were not as excited as stocks… 10Y ended the day unchanged…
Decoupling from stocks once again…
Perhaps this is why… (near record net spec shorts)
The USDollar rallied notably on EUR weakness… (1.06 handle)
Commodities were very mixed with copper and PMs drifting lower as the dollar strengthened…
Most notably crude again as algos could not help themselves…
As Copper plunged to fresh lows not seen since April 2009 – down 9 days in a row!
Charts: Bloomberg
Bonus Chart: SKEW (tail risk) is once again blowing out but VIX (normal risk) is relatively fearful perhaps signaling another abrupt drop in stocks is due…
