Stocks Surge To Best Start In 30 Years; Bitcoin, Bonds & Dollar Battered

Just "buy" - everyone else is... what could go wrong?

Video length: 00:00:59

It's been an interesting year so far... equities are unstoppable, the dollar is tanking, gold is soaring, and bonds are tumbling...

(Click on image to enlarge)

https://www.zerohedge.com/sites/default/files/inline-images/20180112_eod1.png

This is easy... US Equities have 'suffered' only one down day in 2018 so far (in fact Trannies haven't seen one down day)...

(Click on image to enlarge)

https://www.zerohedge.com/sites/default/files/inline-images/20180112_eod24.png

BTFD!!

(Click on image to enlarge)

https://www.zerohedge.com/sites/default/files/inline-images/20180112_eod25_1.png

Putting this move in context:

  • Trannies best start to a year since 1983
  • S&P best start since 1987
  • Dow best start since 1997
  • Nasdaq best start since 2004

"Never gonna let you down"

(Click on image to enlarge)

https://www.zerohedge.com/sites/default/files/inline-images/20180112_eod12.png

The Dow is up 1060 points in 2018 - 5 names account for more than half those gains (BA, CAT, IBM, MMM, and UTX added 555 points!)

(Click on image to enlarge)

https://www.zerohedge.com/sites/default/files/inline-images/20180112_eod22.png

VIX traded back above 10 today again, rising with stocks, and VIX has entirely decoupled from stocks...

(Click on image to enlarge)

https://www.zerohedge.com/sites/default/files/inline-images/20180112_eod23.png

Banks had a good week (despite dismal earnings) but Wells ended red...

(Click on image to enlarge)

https://www.zerohedge.com/sites/default/files/inline-images/20180112_eod21.png

Facebook took the shine off Nasdaq a little today, tumbling after Zuck's censorship comments...

(Click on image to enlarge)

https://www.zerohedge.com/sites/default/files/inline-images/20180112_eod18.png

But thanks to panic-buying in NFLX and AMZN, FANG Stocks exploded higher off-the-lows today...

(Click on image to enlarge)

https://www.zerohedge.com/sites/default/files/inline-images/20180112_eod19.png

And while stocks are surging, Treasuries are tumbling - suffering the biggest total return loss since 2006... (worst 2 week drop in 3 months)...

(Click on image to enlarge)

https://www.zerohedge.com/sites/default/files/inline-images/20180112_eod2.png

Yields ended the week higher across the curve, but look at the strength in the long-end the last 3 days...

(Click on image to enlarge)

https://www.zerohedge.com/sites/default/files/inline-images/20180112_eod13.png

After steepening dramatically after the China headlines, the yield curve collapsed back flatter to end the week unchanged...

(Click on image to enlarge)

https://www.zerohedge.com/sites/default/files/inline-images/20180112_eod15.png

2Y Yields topped 2.00% for the first time since Sept 2008...

(Click on image to enlarge)

1 2
View single page >> |

Disclosure: Copyright ©2009-2018 ZeroHedge.com/ABC Media, LTD; All Rights Reserved. Zero Hedge is intended for Mature Audiences. Familiarize yourself with our legal and use policies every ...

more
How did you like this article? Let us know so we can better customize your reading experience. Users' ratings are only visible to themselves.

Comments

Leave a comment to automatically be entered into our contest to win a free Echo Show.