Tuesday, April 11, 2017
The Status Quo Hinges On OPEC
What could go wrong?
Someone needs to tell Trump that World War III is not "bullish"...
Global RISK OFF
Today's rally compliments of OPEC bullshit:
The key reversal in oil was reversed (and Gold, not shown)
U.S. Oil ETF:
Long-term rates definitively broke the support line, which means the max pain trade is on...
Bond shorts (red) with Ten Year yield:
A big day for short-covering
Equal cap / market cap S&P:
Big cap tech:
And the other big rally today was in implied volatility:
Posted by Mac10 at 1:19 PM