iBankCoin
18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
23,445 Blog Posts

Asian Markets Rally, US Futures Jump — No Fed Action Thus Far

Climb the wall of worry. I dare you. It’s greasy and very slippery. The Fed did nothing so far, and Asian stocks are off and running — led comically by the Chinese +3%. Oil is up, gold too. Everything looks great but yields, once again sinking. If not for bonds, I’d argue this looks good for an oversold bounce.

But you’re gonna want to take a look at those fucking bonds, believe me. If you don’t, this market is liable to reverse lower and kill you all.

Nasdaq futures are +65. The second US death due to Coronavirus was reported. All is well.

NOTE: You’re gonna want to use the StockLabs newswire tomorrow, believe me. This feature will not be free later on, instead bundled into the data platform.

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2 comments

  1. bambam

    Bring back RW Pelican

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  2. 'merica

    Something to lighten the mood – https://www.yahoo.com/news/vegan-mum-served-kfc-chicken-burger-154437253.html

    I’m sure, yes, the woman was traumatized for life, and I should not be laughing. What a world.

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