HomeInvestingTrump Unleashes Best Rally In Stocks Since 1996

Trump Unleashes Best Rally In Stocks Since 1996

Seriously…Must keep it together thru the Black Friday weekend!

ADVERTISEMENT

 

15 Straight days up… The longest winning streak since 1996. Nothing to see here, move along… (the last time Small Caps rose for a longer streak was March 1988) (best 3 week gains since March 2009)

 

The week was.. well easy..

 

Even after 3 weeks of incessant buying there was nothing to stop the panic bid into the close…

 

The long-end of the Treasury curve rallied this week, with the 30Y Yield ending down 1bps (short-end up 7bps)…

 

As the Treasury yield curve collapses to near 3-month flats…

 

Yen and Yuan led the weakness that sent the USD higher once again…

 

The Onshore Yuan has gone 16 days without a notable gain against the USD (weakening for 6 of the last 7 weeks), seemingly catching down to the trade-weighted basket’s drop… 

 

Gold and Silver suffered as safe-havens were abandoned (as USD surged) and India gold import bans weighed them down…Gold’s worst 3-week run since July 2013 (taper tantrum)

 

Crude gave the week’s gains back as hopes of a deal floundered…

Source link

ADVERTISEMENT

ADVERTISEMENT
Just in:
New Nylon Constant Torque Hinge From Southco Provides Position Control In A Compact Package // Hong Kong Crypto Exchange Application Stalled by US Lawsuit // French Leaders Gather for Interfaith Iftar Dinner // No running of govt from jail, says Delhi Lt Governor // Melco Style Presents “SANRIO CHARACTERS STUDIO CITY CARNIVAL” – Explore a SANRIO World of Unlimited Love and Cuteness // Sharjah Chamber Breaks Ground on Final Expansion with New HQ Pact // Digital Hub Unveiled: Xposure Launches Platform for Global Photography Community // Experience Ultimate Shopping Freedom at 4.4 Shopee Spree: Don’t Worry, Shop Shopee! // Ingdan Announces 2023 Annual Results // Simplified Business Moves for Al Reem Island Firms // German Job Market Resilience Bodes Well for Economic Recovery // TUMI Hosts Global Launch Event in Singapore to Unveil Women’s Asra Collection and Announce Global Ambassador, Mun Ka Young // Saudi Arabia Unveils Green Financing Tool to Achieve Net-Zero Goals // Andertoons by Mark Anderson for Fri, 29 Mar 2024 // Universal Language for Healthcare: General Authority Embraces Global Coding System // Octa seeks to clarify Forex swap and swap-free accounts // First-Ever Fortune Innovation Forum Draws Top Global Leaders to Hong Kong, Promoting Agendas On Collective Cross-Sector Advancement // A Tightrope Saudi Walk Towards Net-Zero // Samsung Electronics Launches 2024 Neo QLED 8K, Neo QLED, and OLED Displays to Spark the AI Screen Era // 2024 Lok Sabha Elections Will Be The Costliest One Till Now In The Whole World //