Stocks Suffer Worst Week Since Election As Banks, Bullion, & Bonds Sink
The market’s message to Dow 20,000 (or China’s message to ‘Murica)?
Thanks to China stealing an underwater drone and quad witch shenanigans, US equities closed red post-Fed…
And while Gold spiked today on China, it remains the biggest laggard post-Fed (though even bank stocks are now red)…
And today’s China headlines realy spooked the market on edge anyway from OPEX
On the week only The Dow managed to hold onto gains…
- Trannies Dropped 2.5% – worst week in 6 months
- Financials dropped 1.6% – worst week in 3 months
- NYSE Composite worst week since election
On the week, stocks were mixed but Trannies worst…
Dow 20,000 was lost – 2 lower highs in a row post Fed spike…
Quad Wicth saw more VIX chaos with a total collapse into the close (note the corrrelation between stocks and VIX was extremely high once again – as opposed to norm)
Financial stocks were the week’s worst performers (and healthcare best)…
Treasury yields ended the week higher across the curve BUT the long-end dramatically outperformed…
And the yield curve has tumbled in recent days…
The USD Index rose notably on the week to close at 14 year highs… (led by Yen and Aussie Dollar weakness)
The Dollar dump after China sparked some chaos in commodities and lifted crude oil into the green, silver was worst on the week…
Gold spiked today on China headlines but ended the week ugly – 6th weekly drop in a row (worst week since election week)
Source: http://silveristhenew.com/2016/12/16/stocks-suffer-worst-week-since-election-as-banks-bullion-bonds-sink/
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.
Please Help Support BeforeitsNews by trying our Natural Health Products below!
Order by Phone at 888-809-8385 or online at https://mitocopper.com M - F 9am to 5pm EST
Order by Phone at 866-388-7003 or online at https://www.herbanomic.com M - F 9am to 5pm EST
Order by Phone at 866-388-7003 or online at https://www.herbanomics.com M - F 9am to 5pm EST
Humic & Fulvic Trace Minerals Complex - Nature's most important supplement! Vivid Dreams again!
HNEX HydroNano EXtracellular Water - Improve immune system health and reduce inflammation.
Ultimate Clinical Potency Curcumin - Natural pain relief, reduce inflammation and so much more.
MitoCopper - Bioavailable Copper destroys pathogens and gives you more energy. (See Blood Video)
Oxy Powder - Natural Colon Cleanser! Cleans out toxic buildup with oxygen!
Nascent Iodine - Promotes detoxification, mental focus and thyroid health.
Smart Meter Cover - Reduces Smart Meter radiation by 96%! (See Video).