Feature your business, services, products, events & news. Submit Website.
Breaking Top Featured Content:
Traders Buy Everything They Sold Yesterday As Rate-Cut Expectations Rebound
After yesterday’s selling in bonds, stocks, gold, and crypto; today saw the reverse as the dollar dipped and everything else (except crude) rallied… as rate-cut expectations increased modestly…
Source: Bloomberg
The ‘Trump Trade’ reignited in stocks today, back to its highest this cycle…
Source: Bloomberg
The Dow lagged on the day, down for the 4th straight day. The S&P and Small Caps managed to fight for small gains as Nasdaq outperformed…
Memes and Most Shorted stocks squeezed higher today, putting big pressure on hedgies – which significantly underperformed today…
Source: Bloomberg
It’s been a tough year for hedgies indeed…
Source: Bloomberg
Before we leave equity-land, it would remiss of us not to note the massive 21% surge ($145BN) in TSLA stock today after earnings last night…
which explains why hedgies were proper fucked today
Tesla and Exxon represent the two largest short positions among hedge funds: GS pic.twitter.com/eSCoc0DriB
— zerohedge (@zerohedge) May 23, 2024
Treasuries were mid across the curve today with the long-end outperforming (30Y -5bps, 2Y -1bp) with the whole curve still holding above 4.00%…
Source: Bloomberg
The dollar index declined today… pause that refreshes…
Source: Bloomberg
Today’s gain in gold (erasing most of yesterday’s loss)…
Source: Bloomberg
…moved it to a new ‘real’ (inflation-adjusted) high since January 1980…
Source: Bloomberg
Palladium broke out of its recent range today, now at its highest since Dec 2023…
Source: Bloomberg
Silver accelerated further after Russia central bank headlines…
Source: Bloomberg
After yesterday’s dramatic inflows into BTC ETFs – which saw BTC prices fall…
Source: Bloomberg
…Bitcoin rallied back above $68,000 today
Source: Bloomberg
Oil prices pumped and dumped today to end slightly red…
Source: Bloomberg
Finally, USA sovereign risk is on the rise once again, now at one year highs…
Source: Bloomberg
Is that the ultimate hedge for a ‘sweep’ in the election (either way).
Tyler Durden
Thu, 10/24/2024 – 16:00
Continue reading at ZeroHedge.com, Click Here.