Friday, April 16, 2010

A Picture of Risk Asset Selling

The futures heat map from FinViz shows how the GS-related selling kicked off a general divestment of risk assets, with stocks, metals, and energy lower, bonds down, JPY and USD higher and EUR and AUD lower.

Catching these broad themes can be very helpful in identifying when selling is part of a broader risk-aversion and when it represents a simple correction in a single market.