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Stocks Spike As Confused Bank Admits "There Are No Real Headlines To Note"

From zerohedge.com

Confused as to why stocks are soaring... along with the dollar... and bonds... join the gang as one confused bank trading desk admits "there are no real headlines to note" behind this price action... EURUSD dived - which is odd since the ECB meeting came and went with little of note. Stocks are suddenly spiking (and VIX plunging) for now good reason: "We did hear from Kudlow sounding constructive on trade tensions, while Mattis has said that no decision has been made on any withdrawal from the Iran nuclear deal (deadline for sanction waivers expires May 12). However the comments are not exactly ... (full story)

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  • Category: Fundamental Analysis