WTI Trounced, Banks & Bitcoin Bounce On Dow's Lowest Range Day Of 2018

Did the machines take a day off? Were they in Helsinki too?

Amid the end-of-the-world – if you believe the media – Trump-Putin press conference, today was The Dow’s lowest intraday range day since Christmas 2017…

 

The Ruble managed to hold gains… So did Putin ‘win’ after all?

 

And cryptocurrencies surged – perhaps helped by chatter of BlackRock sniffing around…

 

Futures were volatile overnight…

 

But cash markets were dead during the day. Dow Transports were the biggest loser in equity land as The Dow trod water around unch all day…

 

Netflix closed higher into earnings…

 

As the world waits with bated breath to see if the FAANGs can do it again…

 

Banks soared today, erasing Friday’s losses…

 

Are Semis signaling trouble ahead for the S&P?…

 

Bonds & Stocks remain in their own worlds…

 

Treasury yields ended the day higher, but rallied after Europe closed…

 

The yield curve popped… and dropped…

 

The Dollar drifted lower today, extending Friday’s reversal…

 

In commodity land, PMs and copper went nowhere fast…

 

But 4th time was the charm for WTI Crude to break below $70…and plunge it did as outage concerns eased – 2nd worst day for WTI in 13 months (last wednesday was only one worse) – Also the biggest 4-day drop since March 2017

 

Finally, as we noted earlier, what happens next?

 

Related Post

Young Leftist Candidates Are Breathing New Radical... Kate Aronoff(Photo Illustration: Elise Swain for The Intercept. Photos: AP (3); Getty Images)
You Don't Have To Show Them Shit Futher Column - By Abby Zimet, Staff Writer
Yoga isn’t timeless: it’s changing to ... International Yoga Day in London 2017 in Trafalgar Square Anna Sunderland Engels., CC BYOn June 21, on International Yoga Day, people will take out th...
Yes. Trump's FART Act Is Now a Thing. Reporte... Common Dreams staffBefore there was a limerick written in its honor or a viral sensation on Twitter, Axios on Sunday reported on an internal White Hou...
Yemen’s Navy Hits Saudi Warship Off Yemen’s Coast... HODEIDA, YEMEN — On Wednesday Yemen’s navy targeted a Saudi warship off Yemen’s western coast in retaliation for the Saudi-led coalition’s deadly mili...
Yemen: Understanding the conflict The military conflict now escalating in Yemen threatens the lives of more than 250,000 people in the port city Hodeidah while 8 million more people ac...

This is the default profile for Liberty Buzz. We strive to publish articles that are related to Liberty. We republish articles (with permission) that pertain to our subject matter. Liberty Buzz tries to be consistent with news that affects you and your sovereignty.

Liberty Buzz

This is the default profile for Liberty Buzz. We strive to publish articles that are related to Liberty. We republish articles (with permission) that pertain to our subject matter. Liberty Buzz tries to be consistent with news that affects you and your sovereignty.

Leave a Reply