Dead Market Walking – Stocks, Bonds, Dollar Go Nowhere

Another day, another v-shaped recovery in stocks…

 

Rate-hike odds continues to slide…

 

As does US macro data…

 

Trannies soared and Small Caps squeezed higher as every effort was made to get nasdaq, S&P and Dow green…

 

Everything green on the week…

 

The squeeze is evident in "Most Shorted" stocks…

 

VIX went haywire in the last 30 mins with a mini flash-crash desperate to get the S&P green…but it failed

 

Apple's big day was a dud… until it finished and what appears to be a panic buying "Share buyback" program?

 

The USD Index went nowhere on the day with weakness in cable offsetting yen strength…

 

Treasury yields went nowhere and traded in an exceptionally narrow range…

 

Commodities quietly whipped around today with Silver and gold lower and crude crazy…

 

Ahead of tonight's API data, crude was dumped and pumped early on then went dead…

 

Charts: Bloomberg


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