Something's Going On!

10-Year Notes declined today amidst equity markets that are more bullish than ever before and closing volume on the SPY surpassed its 10-day average for the second day in a row.  I've been waiting for the bulls to double up on their bets for some time now.  With 10-Year Notes out of sync with the underlying bullish tone of the market and the VIX holding on for dear life, I now wonder if I blinked and missed my opportunity to get into more SPY puts?

Two other 'risk on' markets - the Nikkei and the SENSEX - both logged gains of over 2% overnight, but none of my calls popped enough for me to get out with any bit of financial dignity, though things are slightly better after I joined the semi-bull party.

Even with weaker than expected economic data today, any news is still good news for the Market Makers.

Can Unemployment Claims spike tomorrow and cause a sell-off or will I continue my reign as The Economiss?  


+0.94% SBA
+0.82% Roth IRA

+0.40% DJIA
+0.26% Nasdaq
+0.51% S&P 

+0.11% FTSE
+0.73% Eurofirst
+2.29% Nikkei
+0.35% Shanghai
+2.49% SENSEX (Well done!)
+0.50% Hang Seng

+0.23% WTI
+1.03% Brent
-2.38% Gold
-0.61% Copper
-0.31% Corn

+0.42% EUR/GBP

+0.84% DJT
+0.31% VIX

-0.46% 10-Year US Treasury Notes


P.S. Fortress Investment Group sees gold at $500... I'll be the first to buy if it does go that low...