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




via Zero Hedge http://ift.tt/1sZL2Jw Tyler Durden

Leave a Reply

Your email address will not be published. Required fields are marked *