Everything's Up In Volumeless Post-Christmas Buying Spree
The dollar's up but oil's up and gold's up. Stocks are up (as Dow nears 20k) but VIX is up too. Treasury yields are up.
The dollar is up and bond yields are rising...
Despite dollar strength, commdoties are all bid... (NOTE the spike in gold at the open in Asia)...
Dow 20k looms even with VIX higher...
But as US equities opened, the VIX-smashed algo struck in another desperate attempt to get Dow 20k...
Wondering why the panic bid? Here's why - to get the S&P 500 back to unchanged from The Fed...
Merry Chrismas Tyler