Stocks Surge To 11-Month Highs (Then Drop) On Lowest Volume Day Of 2016
To sum up today: "Investors" bought stocks, bonds, gold, oil, Yen, Loonies, Iron ore, high yield bonds... and VIX?
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Dow 30
As The Markets Begin To Crack, Investors Need To See These Two Charts
By the SRSrocco Report,
A SERIOUS CRACK appeared in the markets today. This was due to the lousy payroll report of only 38,000 new jobs for May. The market expected 160,000 new jobs, but it turned out to be more than four times less. This is the worst jobs report since 2010.
Bonds & Bullion Soar As Plunge-Protection-Team Rescues Stocks From Painful Payrolls Puke
Who could have seen that coming?
closing above 2,100 > worst jobs report since 2010
— zerohedge (@zerohedge) June 3, 2016
Worst jobs print in 6 years and tumbling PMI, ISM, and Factory Orders - Did The Fed just lose it completely?
Oil Tumbles To $47 Handle After China PMI, Stocks Erase Yesterday's Dead-Cat-Bounce
Yesterday's panic-buying stocks into the close to ensure The Dow closed May in the green has now been entirely erased as Oil plunges to a $47 handle...
This is oil's biggest drop in 3 weeks...
Crude is tumbling despite notable weakness in the US Dollar...
Brexit Bounce, Crude Crumble, & Dismal Data Slam Stocks, Bid Bonds & Bullion
Spending rose (thanks to higher costs for energy) and everything else was dismal... and then Brexit moved into the lead - Inconceivable...
Following the flash crash in China overnight...