1999-like parties are breaking out everywhere across financial markets...

Video length: 00:03:45

First things first, US Financials Conditions are partying like its way easier than 1999...

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The Philly Semiconductor index is partying like its 1999...

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But what happens next? Meltup time?

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S&P 500 Valuations are partying like its 1999...

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The spread between German and US bond yields is partying like its 1999...

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And the US Treasury curve is partying like its 1999...

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The Fed Minutes spooked markets a bit today - USD down, gold, stocks, and bonds unch

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On the day, The Dow & S&P were joined late on by Small Caps in the red (but the Dow was worst, Trannies were best)

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VIX ended modestly higher but still below 10...

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Another day, another short-squeeze...

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This is now the biggest short squeeze since the election...

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And before we leave stockland, remember CHF-Solutions...

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High yield bond prices ralied once again - almost back to their 200DMA...

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Treasuries rallies across the curve today (but for a change the short-end outperformed the long-end - 2Y -4.5bps vs 30Y -1.5bps)

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Quite a significant reversal today in yields after bond weakness overnight suddenly reversed this morning and then extended after the dovish FOMC...

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Stocks and bonds remain notably decoupled this week...

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The Dollar Index extended its losses after FOMC Minutes. Today is the worst day for the dollar index since Sept 7th...

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However, stocks remain decoupled from FX carry...

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Bitcoin rallied once again today but failed to make a new record high...

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NOTE the interest patterm starting to develop intraday

WTI rallied, bouncing back from disappointing inventory data and RBOB leaked lower...

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Gold and Silver gained as the dollar drooped - Gold and silversurged back above its 50- and 100DMA

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