Trump’n’Pump Continues As Massive Squeeze Lifts Small Caps Into Month-End; Gold Closes At Record High
The month-/quarter-end rebalance-fest continued with a giant short-squeeze offsetting the $32 billion in US equities to sell given the moves in stocks and bonds in Q1…
Stocks up large (and non-stop in Q1) while bond (prices) drifted lower (yields higher)…
Source: Bloomberg
Which may explain why bonds were bid today (given the absence of macro data), with 10Y Yields back at their lowest in two weeks…
Source: Bloomberg
Nasdaq lagged again on the day (relabalancing) but Small Caps face-ripped higher on the day. Today saw a late-day buying panic (as opposed to the last two days of dumping in the last 30 minutes) which lifted nasdaq green and small caps to a giant day…
Sell, Sell, Sell, Buy!!!!
Thanks in large part to a gigantic short-squeeze – the biggest low-to-high rip for ‘most shorted’ stocks since the end of February…
Source: Bloomberg
Mag7 stocks staged a very late-day comeback today to close green barely…
Source: Bloomberg
And Trump-mania continued with DJT up another 15% today…
Yesterday saw a big resurgent net inflow (over $417mm) into BTC ETFs…
Source: Bloomberg
And that helped lift bitcoin early on but SEC vs COIN headlines prompted some selling which was immediately pounced upon by futures sellers, dragging bitcoin back below $69,000…
Source: Bloomberg
Away from the headlines that are usually front and center on CNBC, the FX market had quite a day as USDJPY tested a key level and was desperately jawboned by every Japanese official that could fog a mirror that “we’ll do something really big, don’t make us!!”.
152 is the weakest for the yen against the dollar since 1990… and is the same level that prompted intervention in 2022…
Source: Bloomberg
It may not look like much but that level is make or break and Tokyo knows it.
But the dollar looked like it did nothing on the day…
Source: Bloomberg
Oil prices rebounded on the day, erasing the post-API losses (as official data came in with a much smaller build)…
Source: Bloomberg
Gold continues to drift higher, testing back up towards $2200 today…
Source: Bloomberg
But closing at a record high in USD…
Source: Bloomberg
Finally, if you’re Japanese, gold has been a great bet…
Source: Bloomberg
…and so has bitcoin…
Source: Bloomberg
…protection from government incompetence.
Tyler Durden Wed, 03/27/2024 – 16:00
Source: https://freedombunker.com/2024/03/27/trumpnpump-continues-as-massive-squeeze-lifts-small-caps-into-month-end-gold-closes-at-record-high/
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.
| Online: | |
| Visits: | 1,669,317,056 |
| Stories: | 8,330,640 |
Whistler Blowers, Insiders
