tyb
Sniper in the Kitchen!
Fed-Drift Flops As China Trade Turmoil Spook Stocks
But, but, but… it's the day before an FOMC meeting - we were promised equity market gains.
After yesterday's meltup in China, stocks flat-lined on Tuesday.
Europe was up across the board on better ZEW data.
US equities all started off excitedly anticipating the pre-Fed drift higher, but US-China trade-talk headlines casting doubt on the deal prompted weakness and stocks never really recovered - despite trying…NOTE - look at the blue line (S&P) which was ramped in the last few seconds to close 0.001% higher
Trannies were really ugly today - worst day since Jan 22nd
The Dow gave up 26,000.
"Most Shorted" stocks faded in three down legs - mirroring yesterday's 3 up-legs.
Semis, Biotech, and CAT all tumbled on the China trade talks headlines. FANG stocks tumbled after reports of the big tech companies being called to Washington over censorship.
Notably, the China headlines prompted the most negative TICK in two weeks.
Notable spike in IG and HY spreads intraday today.
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This is what fueled the last 10 year's of growth and why prices everywhere remain elevated
See chart at this link it's from 2013 but details the bifurcation of these vehicles
https://www.tradingview.com/chart/HYG/FHVkz0bO-HYG-vs-SPY/
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https://www.zerohedge.com/news/2019-03-19/fed-drift-fails-china-trade-headlines-spook-stocks
https://finance.yahoo.com/quote/%5EDJI?p=^DJI
Forgive me fellow anon brother's for a moment
Understand something Krassentwats…you lost and continue to fuck yourselves by playing like two petulant faggots that you are. (You) will never beat anons…not now..NEVER
Rant over
>>5776446 JPMorgan Chase Expanding While It’s Still on Probation for a Felony
NOTABLE
may or may not be since it's from yesterday but they are at the center of credit expansion
shite did not notice that when posted. Sure you saw what went on earlier. Know it was them.