Stocks, Bonds, Gold, & Oil Pop As Dollar & Crypto Drop


The mania continues…

Stocks all rallied hard today after yesterday’s brief breather, but still, just look at Small Caps and Trannies today…

Oh and because it was a Fed Minutes day, stocks had to rally!

Another test of the 2950/Fib retrace level with no solid breakout…

S&P could not break its 100DMA…

 

“Most Shorted” Stocks surge out of the gate again amid yet another squeeze…

Source: Bloomberg

FANG Stocks rallied to new highs… again…

Source: Bloomberg

Bonds were bid…

Source: Bloomberg

Gold was bid…

Silver was bid…

Silver outperformed gold once again…

Source: Bloomberg

Oil soared again…

As The dollar tumbled once again, falling to the low-end of its recent range once again…

Source: Bloomberg

Cryptos were clubbed today…

Source: Bloomberg

And finally, P/Es for tech and the broad market are back at cycle highs…

Source: Bloomberg

If the entire world economy is locked down and 325,700 die from a previously unknown virus but stocks didn’t really budge much… did it ever happen?

Source: Bloomberg

Probably nothing…

Source: Bloomberg



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