Is the party over?
In a shocking day for stock traders, US equity markets were unable to hold any gains today – despite a panic buying ramp in USDJPY at the close…
With VIX being slammed incessantly to try to keep S&P green…
Trannies & Small Caps rolled over today but remain big winner on the week…
The banks continue to lead the week…
But Wells Fargo just could not sell the world on how awesome it was…
As the short-squeeze seemed to run out of ammo…
Notably – not even the biggest quake since Fukushima was able to hold back the JPY carry-mongers…
For the 2nd day running, crude and stocks decoupled atthe NYMEX Close…
Treasury yields rose on the day but with the week's bear-flattening continuing…
The USD Index eked out a gain for its biggest 3-day rise in 2 months (as China devalued the Yuan fix dramatically overnight)
Commodities all fell today, with copper best of the bad bunch…
Silver continues to outperform gold in the short-term…
Charts: Bloomberg
Bonus Chart: Wondering where The Fed "Put" lies? Simple – about 75-100 S&P points below the Fed Balance-sheet-implied level!
The post Stock Short-Squeeze Party Ends After Wells Worries & Crude Crunch appeared first on crude-oil.top.