Spot The Most Manipulated Market In The World
Submitted by Tyler Durden on 01/06/2016 - 17:25One of these bubbles is not like the others, one of these bubbles just doesn't belong... and yet still "officials" and talking-heads proclaim it cheap...
Read The Powerful Saudi Terrorism Article Censored By Al-Jazeera
Submitted by Tyler Durden on 01/06/2016 - 17:05On December 3rd, a month before Saudi Arabia carried out it largest mass execution since 1980 - subsequently setting the region on fire - Arjun Sethi wrote an article for Al-Jazeera titled: Saudi Arabia Uses Terrorism As An Excuse for Human Rights Abuses. According to Cora Currier at the Intercept: Al Jazeera’s headquarters in Qatar appear to have blocked the article outside of the United States because it is critical of an ally of Qatar.
Stocks Plunge To 3-Month Lows Amid Crude Carnage, Chinese Currency Collapse
Submitted by Tyler Durden on 01/06/2016 - 17:04Trader Psychology Is Reversing, Scotiabank Warns Market Is "Ripe For Volatility Spikes"
Submitted by Tyler Durden on 01/06/2016 - 16:40Market psychology established in recent years is reversing. Market volatility is rising and will remain pervasive for a while as psychology, the change in direction of Fed policy, and the increases in general uncertainties, will all conspire to shape an environment ripe for sharp spikes in volatility which will be further amplified by rickety market liquidity.
Will Weak Closes Drag Markets Down?
Submitted by Tyler Durden on 01/06/2016 - 15:55The concern, of course, is that these divergences are not resolved by strengthening stock market closes (a welcome sign of improved investor confidence) but, rather, by pullbacks in the indexes themselves– a decidedly less envied outcome.
Sudden Massive Buyer Appears As Apple Breaks $100
Submitted by Tyler Durden on 01/06/2016 - 15:09Is Tim Cook in the house? Or is The SNB doubling down?
With Stocks in Freefall, Nasdaq Breaks...
Submitted by Tyler Durden on 01/06/2016 - 15:01They tried to slam VIX (and failed). JPY was sold (but failed). And Crude was temporarily ramped (but failed). So how do you stall a sell-off - BREAK THE MARKET AGAIN!!
Bank Bulls Bust As Fed "Error" Boosts Bearish Bets
Submitted by Tyler Durden on 01/06/2016 - 14:55Just as we saw in the August collapse, US financial stocks appear to be facing the harsh reality that other markets already recognize. While US financial credit markets have been anything but exuberant for weeks, equity options markets have now turned their bullish backs on the banks as Bloomberg reports the ratio of bearish to bullish options on the S&P Financials ETF has climbed to the highest level in a year this week, reflects rising demand for protection against losses as NIM hopes collapse and Fed "error" probabilities increase.
"Pray For Us": Libya Issues "Cry For Help" As ISIS Advances On Oil Fields
Submitted by Tyler Durden on 01/06/2016 - 14:36
Stocks Stable Post-Fed Despite VIX Flash-Crash
Submitted by Tyler Durden on 01/06/2016 - 14:21If history is any guide - the mysterious flash crash "signal" that we have seen yet again in VIX suggests stocks rally and VIX tumbles into the close today...
Fed Lack Of Confidence Sends WTI Crude To $33 Handle Even As Dollar Dumps
Submitted by Tyler Durden on 01/06/2016 - 14:12
Fed Mouthpiece Reads "Liftoff" Tea Leaves
Submitted by Tyler Durden on 01/06/2016 - 14:09"Though the decision to raise rates was unanimous, some officials expressed concern about lingering low inflation and the stifling effects on the U.S. economy of a strong U.S. dollar and slow growth overseas."
FOMC Minutes Show Fed Rate Hike Decision Was "A Close Call", Feared Market Reaction
Submitted by Tyler Durden on 01/06/2016 - 14:01Since The December 16th FOMC decision to hike rates, Gold is up over 2%, Bonds up 1%, and stocks down 3% suggesting the word "error" with regard Fed policy. As The FOMC Minutes are released, traders anticipate confident-hawkishness and a focus on ignoring current data in favor of preferring their own confident outlook:
- *ALMOST ALL FED OFFICIALS AGREED LIFTOFF CONDITIONS MET IN DEC.
- *FED: LINGERING RISKS TO OUTLOOK INCLUDED FURTHER USD STRENGTH
- *A FEW FED OFFICIALS SAID FINANCIAL RISKS COULD ALTER RATE PATH
January's meeting has negligible probabilities for a rate move but March has 45% chance of a hike and 3% chance of a cut. The apparent unanimity of December's decision appears questionable given the Minutes suggestions of some dissent.
Pre-FOMC Minutes: S&P Futs 1983.25, 10Y 2.19%, Gold $1094, EUR 1.0755, WTI $34.05
Just Out From Evercore ISI: "Sell All Rallies Down To 1900"
Submitted by Tyler Durden on 01/06/2016 - 13:57"With the macro backdrop more vulnerable today than at any time since the financial crisis, and the S&P 500 and NASDAQ still near all-time highs, we anticipate a downside move to 1900 on the S&P within the first two months of the year. We reiterate our view that Crude and Energy remain structurally broken and possess significant downside from current levels which will only agitate and exacerbate the ongoing collaps."



