Tuesday, May 17, 2016

Markets Continue To Not Make Sense

Up yesterday, down today.

Anybody not seeing a pattern here. Today's dipsy-doodle was assigned to a couple of Fed yakkers telling the market that a June rate hike might be in play.

So, is the market calling the Fed's bluff? Or, is it the other way around?

Your guess is as good as anyone's.

Tuesday's Trauma:
S&P 500: 2,047.21, -19.45 (0.94%)
Dow: 17,529.98, -180.73 (1.02%)
NASDAQ: 4,715.73, -59.73 (1.25%)

Crude Oil 48.53 +0.46% Gold 1,281.20 +0.34% EUR/USD 1.1312 0.00% 10-Yr Bond 1.76 +0.34% Corn 397.25 +0.06% Copper 2.10 +0.31% Silver 17.30 +0.26% Natural Gas 2.05 +0.29% Russell 2000 1,097.68 -1.66% VIX 15.57 +6.06% BATS 1000 20,677.17 0.00% GBP/USD 1.4453 -0.05% USD/JPY 109.1400 0.00%

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