Thursday, December 18, 2014

Fed Cat Bounce: Stocks Soar Most In 3 Years As Crude Crash Continues

Just 1 word... "Patient" and this idiotic market soars 700 Dow points! (and S&P 90 Up ) - Quad Witching Machines in full retard mode... This is the biggest 2-day swing since Dec 2011.


Up 4-5% in 48 hours...


"Most Shorted" stocks are up 4.75% from yesterday's lows - the biggest squeeze since October 2011.


Since The FOMC...


Dismal Data... Buy Stocks


HY Credit dumping... Buy Stocks


VIX protection bid... Buy Stocks


Crude Carnage... Buy Stocks


JPY Carry unwinds... Buy Stocks


Inflation expectations collapsing... Buy Stocks


You're getting the picture.
The USDollar rallied...


Treasury yields rose quite notably...


And commodities generally flatlined as oil roundtripped...


Finally, Russia "stabilized" overnight following Putin's annual Q&A...


Charts: Bloomberg
http://www.zerohedge.com/news/2014-12-18/fed-cat-bounce-stocks-soar-most-3-years-crude-crash-continues

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