This page has been archived and commenting is disabled.
Another Spooking of the Herd
As usual, once the market is oversold, some Chop House is enlisted to get out the air horns and start blaring an upgrade on a sector that has been crushed. Today it was the semiconductors that were shoved out of rehab with some spectacular squeezes.
Just last Friday, it was "Deleveraging" and "Deflation" and talk of the "Tech Stock Bust"
But today, it was "Risk Is On!" and "Releveraging" and talk of the "V-Shaped 2nd Half Recovery in Tech...
A sample of one of the girls getting squeezed today:
Late shorts in some mining stocks were also getting blown out.....
"OK, go ahead and squeeze me!!"
What happens tomorrow? Nobody knows. Most traders remaing bewildered and confused at the moment....
One thing I was noticing today was how the financials, retailers, and REITs were sagging a bit mid-day despite the bottlerocket launches seen elsewhere.....
»
- 7059 reads
- Printer-friendly version
- Send to friend
- advertisements -
I'm not squeezing Nicholson's bitch tits and you can't make me.
heh-heh......I think Jack can afford to get his tits pinched by any damn 19-year old hard body he pleases in Hollyweird. Chow down, mah man !!
Just sayin'.
LOL, excellent post. Here is what I saw popping today:
http://finance.yahoo.com/q/cq?d=v1&s=amcc,amd,cree,jaso,mxwl,optt,rbcn,sol
Today's market action:
Most active gainers:
NYSE
Nasdaq
Amex
Most active decliners:
NYSE
Nasdaq
Amex
Check out HEAT, nice reversal today on a bit higher than average volume.
The wildebeest crack me up every time.
That photo of Nicholson almost cost me my lunch.
He is my idol. Only thing is that he's not as grouchy as I am. LOL!
Leo....still bullish after Obama bank witch hunt and Chines liquidity drain?
Soldier of fortune,
All smoke & mirrors. More liquidity in the global financial system now than ever before. Watch flows into hedge funds and PE funds. In other words, you ain't seen nothing yet. The ISM report was very bullish, with new orders surging above 60 for a third straight month. I smell a big employment report this Friday and for all of Q1 & Q2. Stay tuned, the Liquidity Express is picking up steam.
Agreed 100%.
Liquidity won't go away anytime soon.
Gosh, LEO i am all over the internet and guess what? Lots and lots of layoffs and store closing. Wheres all this employment? Should i move?
Employment? All smoke and mirrors. But the numbers will somehow be made to look good.
Exception: I heard GOOG is re-examining expansion plans in China and will hire more heavily in the US as a byproduct of that.
AMZN was soooo weak today, everything else seems like it's just wait and watch and let the market talk to us. some days i could just go either way.
http://is3.okcupid.com/users/122/402/12340297191513494446/mt1150472840.jpg
robo you cater to both genders ª ø here, showing us chicks man tits, especially jack's.
cia operatives freelance for hedge funds:
In one case, these active-duty officers moonlighted at a hedge-fund consulting firm that wanted to tap their expertise in "deception detection," the highly specialized art of telling when executives may be lying based on clues in a conversation.
What happened to Project Mahem and his posts?
Don't know, but....did Cheeky get arrested?
yeah, and Chumbawamba??
Personally until such time as he starts giving credit where credit is due, instead of plagiarising every commentator then he can stay away.
just remember that one year ago when Obama released a budget, the market started its journey to 666.
I think it is more likely than not that history will repeat.......
Wrong! Thank you for playing this game! With everyone warning us that the rally is long in the tooth, stocks are likely to keep grinding higher, led by new leaders.
Leo:
at least when I look to the future, I have learned over the years that nobody can predict what is going to happen, hence my hedge in my statement "more likely than not".
Once again, you have shown failure of basic logic on your part by countering with a definitive statement of "wrong". There's no backing out of that on your part just like your stupidity of not seeing any major events on the horizon.
I'll veer from my usual tact and gentlemanliness on ZH and simply say to you, "phuck off" for being such a cocksure phuckhead.
+1
Well stated DH
Yeah, this site sure needs an "ignore user" feature. It is not something I use a lot, but sometimes it is necessary.
You can ignore me...at your own peril.
.
Whichever way your pleasure tends
if you plant ice -you're gonna harvest wind
.
just trying to roll away some of the dew
The squeeze machine is not going to cure anybody, but it may help them relax; and a relaxed person will usually have better behavior.
Temple Grandin
P.S. I hate the f@@king captchas.
When I see that picture of jack, one word comes to mind -"Manzeer".
.
It's called "The Bro"
.
"Most traders remain bewildered and confused?" That's exactly how we like 'em! If you're bewildered and confused, you have no business trading. This is a garden variety correction - we're just shaking out weak longs, and them scaring idiots back in. Nothin' like a little whipsawin' to start the week. If you read more than that into it, you're too intellectual to make money. Maybe you should go back to working on your next Phd?
"If you read more than that into it, you're too intellectual to make money."
LMAO! So true!
Yup, I have my first Ph. D. (in biochemistry - no intent on seeking another), but I bought FAZ @ 19 (again), made a cool 9% on it last week...but have a feeling I may get burned, or break even this week. Also bought SQNM @ 4.01, ARNA @ 3.10, and VVUS @ 8.48...play the volatility in the stocks you know and stop thinking too hard. Be prepared to jump off at a moments notice. I am no pro trader, but there is money to be made (and lost, LOL) with this kind of volatility.
Good luck all, Pikledbill. (third try at the captcha in my head, have to request a new password soon)
I learned the stock market valuation of an Iranian threat to do a black swan dive today.
oh man ive never seen such a spectrum of luscious and horrifying images in one place!
Go squeeze the sisters ( . Y . ) you'll feel better about the PTB omitting the lube.
-
Alls I know is that the doelarr got bled, people jumped into the gold boat, and Silver got a boner for BS Bernanke's printing press...or was it robot's tits pic!
Today's rally was actually weaker than the late-day/early morning rally of the 27th and 28th.
That tells me the bulls are getting weaker here, not stronger. Nothing says we have to reverse back down, of course.
Isn't the stock market always up on Mondays?
"Isn't the stock market always up on Mondays?"
Yes, its just like morning wood, go take a leak and it goes away.
I had to check it out myself, sure enough, the last Monday that SPY wasn't up was Dec 7th. Even though the market is down since Dec 7th, every Monday since then has been up (including Mondays after long weekends).
very strange.
ghost and others...from Cobra's site, nice summary of the Monday effect.
http://lh6.ggpht.com/_APmrYvpA45s/S2dMYoPYeXI/AAAAAAAAGWo/7M44UQ3Ac1A/s1600-h/2%5B2%5D.png
Thanks, that is excellent.
What gives? Seems like manipulation to me.
"What gives?"
The Working Group on Financial Markets (also, President's Working Group on Financial Markets, the Working Group, and colloquially the Plunge Protection Team) was created by Executive Order 12631, signed on March 18, 1988 by United States President Ronald Reagan.
The Group was established explicitly in response to events in the financial markets surrounding October 19, 1987 ("Black Monday") to give recommendations for legislative and private sector solutions for "enhancing the integrity, efficiency, orderliness, and competitiveness of [United States] financial markets and maintaining investor confidence".
Its only a "enhancement", don't be alarmed.
"enhancing the integrity, efficiency, orderliness, and competitiveness of [United States] financial markets and maintaining investor confidence"!
also see:
http://www.youtube.com/watch?v=PKlXFElHjxo
Today's "rally" was feeble. Feeble, pathetic, and unconvincing.
ya, its hardcore manipulation. weird that every sunday night, futures are jacked to all hell - unreal. Get the peons off to a good huggie-wrapped monday morning.
btw, look how awesome and not at all contradictory these head-lines are on bloomberg right now:
1) "Yen Falls From Nine-Month High Versus Euro on Recovery Signs, Stock Gains"
oh, ok, signs of recovery, must be real...
2)i) "Fed Says Fewer Banks Tightened Lending Standards Last Quarter Amid Growth"
oh, nice!! but... wait, what does this mean in the second paragraph of the article??
ii)"Banks continued to tighten the terms of loans they did make, and demand for both business and household loans weakened further over the past three months, the Fed said today in its quarterly survey of senior loan officers
wtf, that doesnt seem like that matches the headline at all...??
3) "Tax Rise of $1.9 Trillion for Richer Americans, Businesses in Obama Budget"
wtf?!? LMAO.
Fcuk you, Obama.
Whoever the "Actors" in charge are.... the one liners on bloomberg are the by-product of the same organized deception, its been going on through a few administrations.
yup. it just adds to the maddness we all feel inside. The red-pill induced mad-hadder romp-aroo in an unwakeable nightmare.
golf clap and thank you Andrew.
almost FAA material.....
+1
and I do hope that the employment matter is going your way.
jack...who...
what was this post originally about?
uh...wow. She is really, really good looking. Stocks? What??
About 70% of the gains from the March low have occurred on Monday and after hours.
Since I am in a time zone that makes watching it convenient, I often spend Monday mornings (US night) waiting for the emergence of the "mystery buyer" who comes in to ramp the futures and set the stage for the ubiquitous Monday rally. Yesterday it was what turned around Hong Kong and Tokyo, though Shanghai failed to respond.
I envision some sequestered trader, sitting in a place like Area 51, setting his alarm clock for 12 midnight Sunday, who upon awakening pushes a button to purchase "at market" a sufficient number of contracts to initiate the required 1% Monday rally. Then back to sleep believing he again "saved the world".
yep, no doubt.
very remarkable though was last nite....eminis hit a low of 1066 and there was no goosing of the futures to speak of.
Makes me wonder how calls are priced on Fridays for the Monday pops.
Isn't the definition of leverage the amount you have to rock up on your toes?
Mixed signs - both benign and malignant I'm afraid. Smooth well circumscribed and mobile, yet retaining deeper attachments and no doubt some rapid recent changes. I'd definitely get them looked at if I were you. Is there a graph-doc on the blog?
When the power of love overcomes the love of power the world will know peace.
Jimi Hendrix
Oz interest rates unchanged...looks like BB & TG have told the aussies to stall for little longer
Gold prices bounced today as the entire population of Greece lined up outside dentists' offices to have any tooth which looked less than Grammy-contender pearly white replaced with precious metal, in fear of rumored governmental mass importation of Zimbabwe paper money. Chinese black market barons smuggled in tons of yellow metal to meet the demand, and Zurich bankers were overheard speaking in hushed tones of hiring the whole country to pump up reserves, and then shipping it to the USA to occupy empty McMansions, if means could be found to keep it from filling the yards with goats, nailing solar panels all over the roofs, voting in Miami elections, and speaking even worse English than Americans already do.
The dollar, crude oil and copper charts have been giving bearish warnings for stocks for months.
DOW and SP500 downtrend has commenced as forecast.
The USD rally I forecast several months ago has started.
My indicators can identify trend changes before they occur.
They warned me of an impending market crash back in early *2007*
The uptrend since March 2009 has been a bear market rally contained within a much larger bear cycle that started in 2000.
http://www.zerohedge.com/forum/market-outlook-0
It’s a interesting news,i like it.Additionally,wellcome to my website prettyboots.org ,here are so many UGGS On Sale such as:UGG Elsey wedge|UGG Elsey wedge black|UGG Elsey wedge chestnut|UGG Elsey wedge espresso|UGG Langley|UGG Langley black|UGG Langley chestnut|UGG Lo Pro Button|UGG Lo Pro Button black|UGG Lo Pro Button blue|UGG Lo Pro Button cream|UGG Mayfaire|UGG Mayfaire black|UGG Mayfaire chestnut|UGG Mayfaire chocolate|UGG Mayfaire sand|UGG Mayfaire red|UGG Nightfall|UGG Nightfall black|UGG Nightfall chestnut|UGG Nightfall chocolate|UGG Nightfall sand|UGG Sundance II|UGG Sundance II black|UGG Sundance II chestnut|UGG Sundance II chocolate|UGG Sundance II sand|UGG Ultimate Bind|UGG Ultimate Bind black|UGG Ultimate Bind chestnut|UGG Ultimate Bind chocolate|UGG Ultimate Bind sand|UGG Ultra Short|UGG Ultra Short chocolate|UGG Ultra Short sand|UGG Ultra Short black|UGG Ultra Tall|UGG Ultra Tall chestnut|UGG Ultra Tall sand|UGG Ultra Tall balck|UGG Ultra Tall chocolate|UGG Suede|UGG Suede black|UGG Suede chestnut|UGG Suede sand|UGG upside|UGG upside black|UGG upside chestnut|UGG upside mocha|UGG Roxy Tall|UGG Roxy Tall black|UGG Roxy Tall chestnut|UGG Roxy Tall chocolate|UGG Roxy Tall sand|UGG seline|UGG seline black|UGG seline chestnut|UGG Corinth Boots|UGG Liberty|UGG Liberty black|UGG Liberty cigar|UGG Highkoo|UGG Highkoo amber brown|UGG Highkoo espresso|UGG Highkoo grey|UGG Highkoo black|UGG Knightsbridge|UGG Knightsbridge black|UGG Knightsbridge chestnut|UGG Knightsbridge grey|UGG Knightsbridge sand|UGG Knightsbridge chocolate|UGG Adirondack|UGG Adirondack brown|UGG Adirondack chocolate|UGG Suburb Crochet|UGG Suburb Crochet black|UGG Suburb Crochet chestnut|UGG Suburb Crochet chocolate|UGG Suburb Crochet grey|UGG Suburb Crochet white|UGG Kensington|UGG Kensington black|UGG Kensington chestnut|UGG Roseberry|UGG Roseberry black|UGG Roseberry sand|UGG Gaviota|UGG Gaviota black|UGG Gaviota chestnut|UGG Gaviota chocolate|UGG Desoto|UGG Desoto black|UGG Desoto chestnut|UGG Desoto chocolate|UGG Brookfield Tall|UGG Brookfield Tall black|UGG Brookfield Tall chocolate|UGG Gissella|UGG Gissella black|UGG Gissella chestnut|UGG Gissella espresso|UGG Payton|UGG Payton black|UGG Payton chestnut|UGG Payton red|UGG Bailey Button Triplet|UGG Bailey Button Triplet black|UGG Bailey Button Triplet chestnut|UGG Bailey Button Triplet chocolate|UGG Bailey Button Triplet grey|UGG Bailey Button Triplet sand|There are so much style of cheap uggs for sale ,so once you go to my website you will be very surprise.
ugg boots london I saw something shocking uggs london on my way to work the other day. uggs new york While bundled in a long sleeved shirt, wool sweater and coat, with a Pashmina, hat and gloves,ugg boots london sale I saw a man with his bike a the bus stop in SANDALS. He wasn’t overly well dressed for cold weather, in jeans, t-shirt and open jacket. Now, having lived in Oregon for the past decade I have come to be aware of what “true Oregonians” consider winter attire. ugg boots london shop This primarily consists of the inbred belief that flip-flops are a necessity year round, and sweaters and umbrellas are for tourists. I do not uphold this belief.ugg boots sale london I love getting dressed up for winter, layering on leggings with my sweater dress and ugg boots new york, a sweater and a jacket, and a rotating army of scarves, hats and gloves.ugg boots london stockists I don’t enjoy being frozen, especially knowing how easy a situation that is to avoid. uggs new york sale So personally, buy ugg boots london I do not consider myself a “true Oregonian.” I like umbrellas, and only wear flip flops when it’s above 75 degrees.Based on the population of Oregon, ugg new york I’m probably in the minority. Although I have come to accept that these people are just immune to cold in a way I am not, uggs new york of sale I do still think they are crazy. I’m guessing that the good folks at UGG Australia caught wind of these people because look at what they have to offer: sandals with fleece!uggs new york on sale