Panic-Buying In USDJPY Saves Stocks From Soros Doom (But Dow Loses 18k)
By Tyler Durden
Today explained in words…
Delete your sell orders
— Ramp Capital™?? (@RampCapitalLLC) June 9, 2016
And pictures…
Another day, another v-shaped recovery as the machines just had to get to Dow 18k…
Stocks still ended the day red (with only The Dow able to momentarily reach unch)…
Since payrolls, futures show yet another v-shaped recovery…
Since payrolls, stocks are on their own… (note gold, bonds, and jpy bid)…
Though today's meltup was all Kuroda… USDJPy 107.00 was all that mattered…
VIX pushed towards 15 from a 12 handle on Tuesday morning…
SKEW (measuring 'tail risk' relative to 'normal' risk) has moved back from 5 month highs in the last 3 days as VIX started to catch up the last few days…
Bonds continued to rally…
10Y closes 1bp above Feb flash-crash close…
The US Dollar index rose today by the most in over 3 weeks…
Crude and copper slumped, Gold and silver pumped despite USD strength…
Gold ansd Silver near one-month highs…
Charts: Bloomberg
Bonus Chart: You have to f##king laugh right…
Source: Panic-Buying In USDJPY Saves Stocks From Soros Doom (But Dow Loses 18k)
