Submitted by Tyler Durden on 01/03/2012 - 09:59 Copper European Central Bank Sovereigns
We are 30 minutes into the day session. Do you know where your sanity is? Silver and Oil (over $102) are up 3.5% from last week's close, Copper and Gold up 1.5-2% and the USD down 0.7%. The USD weakness, along with Treasury selling, is enough to juice stocks up nicely as they catch up to yesterday's European extravaganza. European sovereigns are giving back a lot of their gains from yesterday so far but ECB buying chatter is supporting BTPs at the moment. US financials are up 2.8% as the Treasury-Stock disconnect of last week converges rapidly.
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http://www.zerohedge.com/news/commodities-inverse-plunge-treasuries-catch-stocks
firstdivision
firstdivision's picture
So what happens when Ben denys all these hungry QE3 front-runners at 2PM?
Looking at the leveraged ETF's, someone is selling this rally.

Realist - Everybody in America is soft, and hates conflict. The cure for this, both in politics and social life, is the same -- hardihood. Give them raw truth.