Strongly supported by a surge in AUDJPY, the S&P 500 futures rallied into the US open on this quad witching day and the cash index surged higher once the market opened – breaking to new all-time record highs at 1883.97. VIX was clubbed back below 14% to provide some further support. Nothing else is moving in this ‘jerky’ manner… gold is leaking higher, Treasuries holding flat (at high yields of week), and the USD is flat… which makes one wonder how long this spike will hold…
AUDJPY in charge of stocks…
Which provided just the ammo to open the cash index to new record highs…
but bonds remain dead…
As VIX was slammed back under 14%
Charts: Bloomberg
