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RECENT

AAPL Angst & Housing Horrors Hamper Stocks As Yield Curve Hits New Lows

Bonds to Stocks...

 

China stocks had another ugly session overnight...

 

European markets managed gains on the day led by France & Germany...

 

Bund yields hover near 2016 lows...

 

US Futures started to ramp as Asia opened, and again as Europe opened then accelerated through the US open, hitting a wall around the EU close and zig-zagging lower from there...

 

On the cash side, Trannies and Small Caps outperformed with The Dow lagging...Ubiquitous closing panic-bid of course...

 

The opening spike was yet another big short-squeeze...

 

Banks managed gains for a change...

 

AAPL tumbled back below its 200DMA after the QCOM decision...

 

Credit markets ended the day wider in spread but rallied all day after the gap at the open...

 

Strong 2Y Auction provided additional support for the entire bond complex as

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