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Another "Deal Is Close" Headline Sends Stocks, Bonds, Dollar, Yuan, & Gold All Higher

From zerohedge.com

A high-level conversation... spun as progress... additional headlines from various administration officials all claiming a deal is close... and hey presto - more gains for stocks and more new record highs... Is it really that simple? YES!!! {chart} Yuan was bid... {chart} Bonds were bid... {chart} Stocks were bid... {chart} "Most Shorted" Stocks were bid... {chart} Gold was bid... {chart} The Dollar was bid... {chart} VIX was crushed at 8amET but spent the entire day below 12... {chart} Smart Money Flow remains unmoved by equity exuberance... {chart} As broad markets were panic-bid from around 1530ET, AAPL was ... (full story)

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  • Category: Fundamental Analysis