Techs Wrecked, Financials Falter As Korean Threats Spark Gold Gains

Well that all escalated rather quickly…
Brent spiking (Kurds and Korea), Gold spiking (Korea), AAPL tumble (weak orders), FANG bloodbath… large into small and growth into value.
The day’s broad activity was driven by North Korean headlines which sparked a bid for gold (and early anxiety over Europe after Germany’s election)…
Gold regains the lead year-to-date…

This post was published at Zero Hedge on Sep 25, 2017.