Sign up today for an exclusive discount along with our 30-day GUARANTEE — Love us or leave, with your money back! Click here to become a part of our growing community and learn how to stop gambling with your investments. We will teach you to BE THE HOUSE — Not the Gambler!

Click here to see some testimonials from our members!

Tax Turmoil & China Contagion Slam US Stocks, Treasury Yields Tumble

Courtesy of ZeroHedge. View original post here.

Is it the bears turn now?

Chinese bonds and stocks were ugly overnight as the calm of the congress came to an end…

Small Caps were slammed today – worst day since August. Nasdaq managed to scramble back to green in the last few mins, but failed to hold it…

Small Caps (and the rest of the market) are catching down to their decoupled volatility markets…

As hope for meaningful tax-reform disappeared ("gradual" was the key word that disappointed markets…

Total chaos reigned in telecoms with rumors about Softbank sending Sprint/T-Mobile tumbling then rebounding…

Financials extended their losses from Friday and continued to catch down to the flattening yield curve…

Treasury yields extended Friday's declines – this is now the biggest 2-day drop in 10Y yields since June…

The long-bond was rallying all day but yields extended their drop when Tresury Sec Mnuchin commented that ultra-long issuance lacked demand…

The Dollar Index extended Friday's losses…

Dollar weakness prompted gold strength…

WTI clung to gain today (as RBOB leaked lower) amid more jawboning from OPEC/Saudis…

Bitcoin hit a new record high at $6300…

And finally, the most extreme positioning ever…

Most extreme bullish positioning in Rydex history: pic.twitter.com/384R9sh6Ct

— Jesse Felder (@jessefelder) October 30, 2017

"probably nothing"


Do you know someone who would benefit from this information? We can send your friend a strictly confidential, one-time email telling them about this information. Your privacy and your friend's privacy is your business... no spam! Click here and tell a friend!





You must be logged in to make a comment.
You can sign up for a membership or get a FREE Daily News membership or log in

Sign up today for an exclusive discount along with our 30-day GUARANTEE — Love us or leave, with your money back! Click here to become a part of our growing community and learn how to stop gambling with your investments. We will teach you to BE THE HOUSE — Not the Gambler!

Click here to see some testimonials from our members!