Trade Tumult Sparks Harmless-Haven Bid For US Bonds & Mega-Cap Tech Shares



Buyers chose to ‘barbell’ their portfolios today (if you want to feel that these a issue as ‘investors’ exist) – trying to get defense from trade wars by getting bonds and shopping for the biggest cap, best valuation, tech behemoths – tends to make ideal feeling truly…

Chinese shares had been miraculously stress bid at the open (remember this was after US equities had tumbled)…

 

As soon as again – as futures show – the US fairness market open sparked a preposterous worry-purchasing spree in Nasdaq (mega-tech) shares…

*NASDAQ 100, NASDAQ COMPOSITE INDEXES Shut AT ALL-TIME HIGHS

Funds marketplaces present that Modest Caps undeperformed and truly struggled to get environmentally friendly for a although just before europe shut and additional momentum arrived into US Stocks…

VIX was monkeyhammered lower as S&P 2800 was when once again the focus on for the devices but unsuccessful (Notice – the pre-market place signaling that we have found in advance of in all those VIX tails)

 

And The Dow extended its bounce off the 50/100DMA…(Take note, it may be a compact issue but this was a reduce superior in the dow)

 

And yet another huge limited-squeeze…

 

Wells Fargo was lessen but the rest of the big banking companies were being up forward of earnings tomorrow morning..

 

FANG Shares surged to a new record significant…

Does any individual else get the experience these markets are becoming ‘helped’ to make sure the insurance policies of the countries’ officers surface to be performing (or not hurting)?

And so although traders sought the safe-haven of mega-cap tech stocks, they also bid the prolonged-end of the bond curve…

 

30Y Yields rebounded to pre-Tariff concentrations then fell again…

 

Notably, following CPI’s print this morning, true 30Y produce are as soon as again practically negative…

 

Oh, and though the longer-dated produce curve ongoing to collapse…

 

The brief-finish has currently inverted…

 

Transitory…

 

The greenback chopped all around intraday but ended practically unchanged…

 

Offshore Yuan tumbled overnight, then rebounded to test up to the CNY take care of (which was notably devalued), before fading yet again…

 

Cryptos legged down after again now…

 

PMs managed little gains on the day, as did copper, but crude saved tumbling…

 

In point WTI traded back beneath $70 for a even though now

 

 



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Trade Tumult Sparks Harmless-Haven Bid For US Bonds & Mega-Cap Tech Shares

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