Bonds Soar, Stocks Snore After “Good” News Sparks Hindenburg Omen Uncertainty
To all the bond shorts who have appeared on mainstream media in recent day sproclaiming the end is nigh… today was carnage for them…
For the 2nd day in a row, new highs new lows, advancing and declining measures of the stock market are ‘confused’ as today’s retail sales “good news” had investors unsure of what to do… 3 of the last 4 Hindenburgs triggered notable selloffs and the last one was immediately denied the day after as McClellan Oscillator moved positive…
While stocks extended gains early on, today was all about bonds… today’s 11bps plunge in 30Y bond yields is the 2nd largest since April 2013….
Which smashed yields back lower on the week… after a well bid 30Y auction
And decoupled stocks and bonds once again…
The initial move in bonds started in Europe, was banged by the “good” retail sales data (implying earlier rate hikes and thus slower growth and thus higher bond prices) and then the IMF walk out sparked more bond buying…
The volume was all in the Retail Sales data…
ULTRA T-Bonds up over 2% since 5:30 EDT – how the yield curve changed minute by minute today: pic.twitter.com/SGhYTrEhZG
— Eric Scott Hunsader (@nanexllc) June 11, 2015
And as for the “higher rates and steepening yield curves are great for financials” meme – nope!!!
Trannies extended theirt squeeze gains while the rest of th emajor indices trod water on the day…
On the week, Trannies remain red and the Dow leads…
VIX was monkey-hammered today (driven by VXX and VIX Futures)
As we noted earlier, it’s all about AAPL…
(and AAPL flash crashed today)
Which seemed to send the signal from the dark pools to the “open” markets for where the bids were…
The Dollar gained ground after better than expected retail sales (thanks to surging gas prices!!!) as JPY bounced back… A weak equity close also saw USD selling...4th day in a row post EU Close saw USD selling…
Commodities all drifted lower on the day… (silver flat)
Crude backed off on the day after its 7% surge off the lows…
Today – trannies love lower oil prices… as opposed to the last 2 days…
Charts: Bloomberg
Source: http://silveristhenew.com/2015/06/11/bonds-soar-stocks-snore-after-good-news-sparks-hindenburg-omen-uncertainty/
Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.
"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.
Before It’s News® is a community of individuals who report on what’s going on around them, from all around the world. Anyone can join. Anyone can contribute. Anyone can become informed about their world. "United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.
LION'S MANE PRODUCT
Try Our Lion’s Mane WHOLE MIND Nootropic Blend 60 Capsules
Mushrooms are having a moment. One fabulous fungus in particular, lion’s mane, may help improve memory, depression and anxiety symptoms. They are also an excellent source of nutrients that show promise as a therapy for dementia, and other neurodegenerative diseases. If you’re living with anxiety or depression, you may be curious about all the therapy options out there — including the natural ones.Our Lion’s Mane WHOLE MIND Nootropic Blend has been formulated to utilize the potency of Lion’s mane but also include the benefits of four other Highly Beneficial Mushrooms. Synergistically, they work together to Build your health through improving cognitive function and immunity regardless of your age. Our Nootropic not only improves your Cognitive Function and Activates your Immune System, but it benefits growth of Essential Gut Flora, further enhancing your Vitality.
Our Formula includes: Lion’s Mane Mushrooms which Increase Brain Power through nerve growth, lessen anxiety, reduce depression, and improve concentration. Its an excellent adaptogen, promotes sleep and improves immunity. Shiitake Mushrooms which Fight cancer cells and infectious disease, boost the immune system, promotes brain function, and serves as a source of B vitamins. Maitake Mushrooms which regulate blood sugar levels of diabetics, reduce hypertension and boosts the immune system. Reishi Mushrooms which Fight inflammation, liver disease, fatigue, tumor growth and cancer. They Improve skin disorders and soothes digestive problems, stomach ulcers and leaky gut syndrome. Chaga Mushrooms which have anti-aging effects, boost immune function, improve stamina and athletic performance, even act as a natural aphrodisiac, fighting diabetes and improving liver function. Try Our Lion’s Mane WHOLE MIND Nootropic Blend 60 Capsules Today. Be 100% Satisfied or Receive a Full Money Back Guarantee. Order Yours Today by Following This Link.
