"Good" News On Jobs Sparks Selling In Stocks, Bonds, & Gold; Dollar Surged

Zero Hedge | 7/5/2019 | Staff
lukealukea (Posted by) Level 4
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Trade-Truce 'good' news was good news for stocks, 'bad' news in macro data this week was good for stocks, and jobs 'good' news today was bad news for stocks (initially)...

The Truce-Boost fizzled out in China...

Stocks - Week - Post-trade-truce

European stocks faded to end the week but remain notably higher post-trade-truce...

On the week, Trannies barely managed to hold on to post-trade-truce gains, while Nasdaq surged followed by the S&P and Dow...

Day - News - Jobs - Ammo - Stocks

But on the day, good news on jobs was initially dumped and then pumped back to unchanged... once it ran out of ammo, stocks faded into the close...Small Caps were the only major US index in the green on the day...

Defensive stocks dominated cyclicals on the week...

VIX - Payrolls - Print - Close

VIX mini-flash-crashed on the payrolls print, spiked higher then faded from the european close...

Treasury yields screamed higher today, erasing the week's bond price gains and erasing yield's drop since The FOMC for the short-end...

Jobs - Data - Fed

As good-ish jobs data ruined the Fed's...
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