Dallas Fed Plunges, Down -17.5 On Expectations Of Increase To -3.2 From -7.4

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Mon, 06/27/2011 - 10:39 | 1405325 dwdollar
dwdollar's picture

Where's the deer image?

Mon, 06/27/2011 - 10:49 | 1405376 So Close
So Close's picture

And the market takes off upward?  That is the deer image.  Right?

Mon, 06/27/2011 - 11:08 | 1405457 dwdollar
dwdollar's picture

That was before the news, but yes, I wouldn't be surprised if they start stampeding higher from here.

Mon, 06/27/2011 - 11:19 | 1405487 Ancona
Ancona's picture

Starvation, It's what's for dinner.

Mon, 06/27/2011 - 12:34 | 1405686 LawsofPhysics
LawsofPhysics's picture

Yes, but just let us finish feasting on this POMO first.

Mon, 06/27/2011 - 10:37 | 1405334 Cassandra Syndrome
Cassandra Syndrome's picture

And the Pavlov Dogs on Wall Street buy

Mon, 06/27/2011 - 10:45 | 1405355 HelluvaEngineer
HelluvaEngineer's picture

Think we'll make it to 2PM before we roll over?

Mon, 06/27/2011 - 10:45 | 1405375 SheepDog-One
SheepDog-One's picture

Well we've been retracing the 11,800-12,400 range for about 6 months now, wash rinse repeat.

Mon, 06/27/2011 - 10:41 | 1405338 statlawyer
statlawyer's picture

bullish... market screams higher on vapor volume

Mon, 06/27/2011 - 11:33 | 1405389 SheepDog-One
SheepDog-One's picture

'Screaming higher' to just back over 12,000 for about the 50th time this year? Bunch of crap is all it is.

Mon, 06/27/2011 - 10:38 | 1405341 Gandalf6900
Gandalf6900's picture

 

to infinity and beyond

Mon, 06/27/2011 - 10:42 | 1405343 qussl3
qussl3's picture

BUY damnit BUY!

Mon, 06/27/2011 - 10:42 | 1405344 Dr. Engali
Dr. Engali's picture

Btfd more printing to come.

Mon, 06/27/2011 - 10:38 | 1405346 ReallySparky
ReallySparky's picture

Uh-Oh

Mon, 06/27/2011 - 10:39 | 1405348 Gandalf6900
Gandalf6900's picture

up up and away

Mon, 06/27/2011 - 10:41 | 1405354 PaperBear
PaperBear's picture

Where was the Dallas Fed thingy on today's Economic Data Docket ?

Mon, 06/27/2011 - 10:41 | 1405358 Franken_Stein
Franken_Stein's picture

 

Is there an orthographical error in the headline ?

 

Mon, 06/27/2011 - 10:45 | 1405359 the not so migh...
the not so mighty maximiza's picture

kick ass

Mon, 06/27/2011 - 10:45 | 1405360 RobotTrader
RobotTrader's picture

Meanwhile, homebuilders like PHM and the crappiest banks like BAC are going vertical today.

Obummer must be getting ready to hand out checks to prospective homebuyers or something.

Mon, 06/27/2011 - 10:59 | 1405422 lizzy36
lizzy36's picture

Brilliant Dick Bove upgraded BAC today.

Reason for strength probably has something to do with certain HF's being long the POS, into the end of Q2 and their 2&20 being threatened. WINDOW DRESSING. Just speculation on my part.

Mon, 06/27/2011 - 10:47 | 1405364 MFL8240
MFL8240's picture

Summer of recovery second year.  lol!!

Mon, 06/27/2011 - 10:47 | 1405366 firstdivision
firstdivision's picture

WTI had broken $90 earlier today, I'm expecting it to break it again near EOD.  Any ideas on EUR surge?  SPX and EUR/USD seem to be moving tick for tick at the moment.  Guessing apparently it is all tied into the Supreme Court ruling on violent video games.  What's good for sales of violent video games is good for SPX and EUR.

Mon, 06/27/2011 - 10:46 | 1405380 RobotTrader
RobotTrader's picture

The answer to your question:

Virtually thousands upon thousands of leveraged hedge funds and FX traders are all gunning the exact same shit day in and day out.  And these guys are powerchugging Red Bull and Monster Energy, constantly looking over their shoulders to see what the rest of the Wildebeest herd is doing.

Doesn't matter if you trade gold, Euros, oil, or ES futures, its all the exact same thing.

Mon, 06/27/2011 - 10:48 | 1405392 firstdivision
firstdivision's picture

First, I thought PBoC was buying hand over fist.  No I am guessing HF's closing EUR shorts in preparation of US debt ceiling being raised and USD falling like a stone. 

Mon, 06/27/2011 - 10:56 | 1405428 chunkylover42
chunkylover42's picture

France's "deal" to accept longer maturity on a rollover is probably a contributor too, but it's asinine since chances are the rating Agencies will still call it a default, and it doesn't fix the underlying problem.  Oh, and we still have that little austerity vote on Wednesday.

We'll probably kick the grenade down the road, but it's just delaying the inevitable.  Nice opportunity to make some money for a few weeks, then we'll do this all over again except with harsher terms.

Mon, 06/27/2011 - 10:50 | 1405405 d00daa
d00daa's picture

Wow.  An actual contribution to the discussion that didn't include a "General Jim" reference.

More of this please.

Mon, 06/27/2011 - 10:59 | 1405442 lieutenantjohnchard
lieutenantjohnchard's picture

wierd. the time stamp on this response by robotard was before the original post? 10:46 response versus 10:47 post. maybe there was an edit by firstdiv.

Mon, 06/27/2011 - 11:05 | 1405459 firstdivision
firstdivision's picture

I was going to edit it to add something, but Robo had responded too quick and I was denied my edit.

Mon, 06/27/2011 - 11:15 | 1405471 lieutenantjohnchard
lieutenantjohnchard's picture

thanks for the update. much appreciated.

i know robottrader is a troll / fraud. but something isn't right.

Mon, 06/27/2011 - 11:16 | 1405490 Village Smithy
Village Smithy's picture

The Robo is right, it's all just something to get more of than the next guy for now. I am beginning to wonder if we will ever see a time when the gunners will want less than the next guy.

Mon, 06/27/2011 - 11:01 | 1405431 Greeny
Greeny's picture

Who cares about WTI, Brent above 105. OIL won't stay that

low for long.

Mon, 06/27/2011 - 10:44 | 1405367 RobotTrader
RobotTrader's picture

Absolute worst economy in 30 years and Hansen's Natural has run from $20 to $80 with no pullbacks whatsoever.

Must be a huge number of gallons chugged by Wall St. traders and FX traders on a daily basis.

http://bigcharts.marketwatch.com/quickchart/quickchart.asp?symb=hans&ins...

 

Mon, 06/27/2011 - 10:56 | 1405415 lieutenantjohnchard
lieutenantjohnchard's picture

how can one man make 3 posts in 2 minutes, one of which was a response to another poster's thought / question, and with links to another website on one of the posts. 10:44, 10:45, 10:46. it's taken me about 2 minutes or so just to organize my thoughts and post this.

Mon, 06/27/2011 - 10:59 | 1405440 fuu
Mon, 06/27/2011 - 11:05 | 1405451 lieutenantjohnchard
lieutenantjohnchard's picture

fuu, great minds think alike. i just posted a comment on your post. something's up. maybe first div edited. but something smells fishy.

Mon, 06/27/2011 - 11:15 | 1405486 mr. mirbach
mr. mirbach's picture

That is how front running works!

Mon, 06/27/2011 - 10:46 | 1405381 vote_libertaria...
vote_libertarian_party's picture

no headline on Yahoo Finance

no headling on Bloomberg

no headline on MarketWatch

equities going higher

 

If nobody reports it does it means it isn't real?

 

Mon, 06/27/2011 - 10:54 | 1405407 John McCloy
John McCloy's picture

U.S. economy is now the Euro. The lower earnings will be offset by more paper dilution of the USD. Go America

Mon, 06/27/2011 - 11:00 | 1405420 magpie
magpie's picture

Kick out the Bernank and join the Draghi party...your Euro could have Washington / Weishaupt on the reverse...rest assured Frankfurt might not be pleased with Andrew Jackson, but who knows.

Mon, 06/27/2011 - 11:13 | 1405477 Village Smithy
Village Smithy's picture

What would the investing public say if Bloomberg were to write "Stocks Up on Totally HFT Algo-driven Rally" or "Hft's Wring Every Last Buck from Pomo as Economy Deteriorates"? 

Mon, 06/27/2011 - 10:51 | 1405387 PolishHammer
PolishHammer's picture

Priced in.

Mon, 06/27/2011 - 10:48 | 1405388 treemagnet
treemagnet's picture

Greece is the word.  Get behind it, and you too will be saved!

<sarc on>

Mon, 06/27/2011 - 10:49 | 1405398 SheepDog-One
SheepDog-One's picture

Greece, the media focus like a laser beam on the tiny tempest in a teapot, while the Cat 5 hurricane bears down behind us.

Mon, 06/27/2011 - 10:48 | 1405391 Franken_Stein
Franken_Stein's picture
Siemens baut Windpark in irischer See - rund 390 Megawatt

Siemens erecting wind park in Irish Sea - around 390 megawatt

 

300000 British homes to be supplied with renewable energy.

Park to be finished in 2014.

Rule of thumb: 1 MW on sea costs 1.5 - 2.0 million Euros.

 

http://www.ariva.de/news/Siemens-baut-Windpark-in-irischer-See-rund-390-...

 

Während andere quatschen machen wir Nägel mit Köpfen.

While others just talk we create "nails with heads" aka real change.

A-hahahahaha !

 

Mon, 06/27/2011 - 10:51 | 1405410 Franken_Stein
Franken_Stein's picture

 

Btw, Siemens CEO Peter Löscher attended this and last year's Bilderberg meeting.

 

Mon, 06/27/2011 - 11:31 | 1405515 Printfaster
Printfaster's picture

Average energy production for these wind parks is aout 30%.

That makes this project around 2B euro.  Given that the expected lifetimes are 20 years, that would be a projected expense  for 130 MWH/year of 100M euro/year.

I would expect that maintenance will be much higher, perhaps with a lifetime of 5 to 10 years.  Salt spray is amazing in what it can damage.  Throw in a couple of freezing storms.

Mon, 06/27/2011 - 10:48 | 1405396 Bansters-in-my-...
Bansters-in-my- feces's picture

This sounds very Bullish.

I wonderd what good news lifted the Dow Jones today.

Fucking retards.

Mon, 06/27/2011 - 10:50 | 1405404 SheepDog-One
SheepDog-One's picture

Totaly bullish, Pavlovs market crackheads sense more free Hefty bags full of crack rocks and go apeshit. I say, 'whatever'.

Mon, 06/27/2011 - 10:50 | 1405403 PaperBear
PaperBear's picture

This is pretty f**ed up.

Mon, 06/27/2011 - 10:51 | 1405411 lizzy36
lizzy36's picture

And the market pushes higher on EUR strength, because all celebrating turning SHIT into AAA.

Under French bank proposal ESEF is going to guarantee Greek bonds. Giving said bonds a AAA credit rating.

In effect the EU is going to gurantee Greek bonds. One assumes European governments are becoming more comfortable with the idea of the euro zone becoming a transfer union as well as a common currency.

One wonders how the citizens of Germany will react to become the transfer mechanism in the union?

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