Good Morning NY, Woo wooooo. The party continues and all but the hardest core shorts are ‘out’ (or buying gold).
A quote on my news feed which perplexes me this morning:
*DJ ECB: ECB Bond Buys Cannot Be Made Conditional To Any Negotiation
Is that a double or triple negative? This is going to get very messy.
Up next: Retail Sales, CPI, Industrial Production, Michigan Sentiment, and Business Inventories. It’s a busy day before 10 am. Then it’s the weekend.
The CBOE put-call ratios are updated, here. They are still at extreme lows and reflect the ongoing optimism.
- EURUSD (1.3065) + 0.70%
- Gold Futures (GC) + 0.35%
- Oil Futures(CL) + 2.07%
- S&P Futures (ES) + 0.41%
- CAC40 + 1.96%
- FTSE + 1.49%
- Asia (NKD) + 1.77%
- Copper Futures (HG) + 3.36%
- Silver Futures (SI) + 0.07%
- VIX: Close 14.05