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Has The Matrix Short Circuited???
Stock trading is getting more boring each day, unless you want to buy a Dow stock that goes up $1 to a new high for the move. However, for the Forex Megadroid Gridbot junkies, things seem to be spiraling out of control, unpredictable moves everywhere. Why didn't stocks tank when the dollar took off today? Many questions for the weekend.
Question:
Why wasn't the Dow down 100 points when the dollar took off today?
Question:
Crude is down 8 days in a row, but oil stocks stopped going down the last two days. Wassup with that?
Question:
Gold smashed $20 from its overnight highs, but NEM is down a measly 75 cents?
Question:
Wells Fargo nearly round tripped today. Is this the bottom for the XLF??
Question:
Michelle-Caruso Cabrera looked extra hot today. Does that mean the Santa rally is coming on Monday?
Question:
The Russell 2000 is right at support. Pass or fail from here?
What does it mean when risk assets no longer sell off when the dollar is rocketing and the EUR/USD is plummeting?
We'll have to wait until Monday.
And who was dryhumping Delta Airlines today???
And I presume everyone is still trying to short credit card companies?
Hey, looks like the plus-sized women out there are shopping like mad.....
Speaking of plus sizes. Are Meredith and Sue sisters??? I wonder if they ran a personal ad. How would they describe themselves? Curvy? Voluptuous? A few extra pounds? LOL...
Not much action today, other than a few key Dow stocks were getting poked to new highs:
Anyone see Erin "B-Cups" Burnett reporting from the beach in Rio today?
Can anyone spot Erin in this picture??
Nope, she was still wearing a suit last time I saw her.
Here's a shot of Erin admiring Michelle's ICBM warheads:
"Hey, I wish I had a pair of those!!!!"
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MCC has a good Harvard endowment herself. She's always puffing it out though... which I suspect is by design.
Thanks RobotTrader !
Enjoyed that Erin & MCC(s) Photo caption especially! :-)
Dead on these questions!
S Herera is old enough to be Meg mother...she was there when it was FNN, remember?
As I said elsewhere, there is a bid to gld hold it up too. We will see.
Sue has way more "moo" than Meredith, as for the "matrix"... They will be back in full force when the market comes back from vacation...Total lack of participation.
RE: IWM
14 attempts at $60, I'd call that resistance at this point... Good support down there at $51 or so. Bullish sentiment now higher than at 2007 highs.
http://stockcharts.com/h-sc/ui?s=iwm&p=D&yr=1&mn=0&dy=0&id=p96303992063
You shouldn't be dissin' Meredith. Besides brains and looks, she got a former WWE Champion for a husband and he will give you one nasty smackdown.
http://www.obsessedwithwrestling.com/pictures/b/bradshaw/17.jpg
and he gets his strength from mamajuana energy drink (a.k.a the babymaker). he owns the company.
http://www.youtube.com/watch?v=p5d0DcQzhsE
Meredith rocks. Come on dewd, she put a sell rating on the squid.
Vampire squids are getting an undeserved bad name. They are much more elegant in feeding and defense.
http://www.youtube.com/watch?v=l3PvvT_Ktx8
IWM
http://stockcharts.com/h-sc/ui?s=IWM&p=D&yr=1&mn=0&dy=0&id=p96303992063&r=326&depth=24&listNum=&cmd=chartnotes,889|808
I needed a good laugh to close the day. ICBMs are at Def Con 5.
*Defcon 1 actually.
Those aren't warheads pal, those are depth charges.
http://www.nahj.org/events/2008/Noche/MichelleWithMaggie.jpg
An old anarchy band called the Dead Kennedys had an album titled Disasters in Plastic Surgery.
As for the eur/usd, it's at 1.46 basically. What else you want from it, 1.40? The old gbp/usd is still holding 1.62, but they print and buy anything they want as well.
Neo says "whoa" on that jpg. Nipplage.
MCC's getting bigger with the rising DJIA or is it just my imagination..
Maybe it was one of those jobs were the doc left the tubes exposed and she can pump them larger. I saw where this is actually done as means of stretching the skin for the really, really large implants. Not that I care. I'm about as interest in the fake boobs as I am this fake economy and the fake reports from that faking network.
How dare you! How can you compare fake tits and fake economic numbers? Man made breasts are a thing of wonder and majesty, gifting all of those who can see them with joy and merriment! The false numbers on the other hand only sow distrust, sorrow, and poverty. They are like comparing bitter rotting tangerines to huge delicious watermelons!
Algos are stuck on stupid.
Welcome to my world Robo. If you're confused, how do you think us worker drones are feeling.
Speaking of which, where is Project Mayhem's post.
B-cups is always looking for a brain and she may have beaked on to something there - it just may be hidden in the silicone code inside those depth charges. Who would ever look there?
Plus size? I am willing to bet that Meredith and Sue look pretty good in person. Even the skinniest just look "fit" on TV (Burnett, Regan)
Of course, I likes me some meat on the bones.
MCC - if anyone has the video where she sampled nicotine-infused water I would be deeply indebted like the Tres. E.g., after imbibing she said "That tickles my throat all the way down..." I had to stay planted in my Aeron for about 15 minutes after that one.
Wow, check out the utilities.
Even the widows and orphans are buying...
Yeah, XLU is the latest flavor of the month; literally (started to run 12/1). Why? No reason I can think of other than they hadn't done anything for a while. Kind of like telecom last month.
Mr. Gross, of Pimpco, in his DEC 2009 monthly missive scolded the masses to BUY, BUY, BUY! He also told the tale of having the Mrs. take all his $$$ out of the bank in OCT 2008, and put it under the matteress. see for yourself:
http://www.pimco.com/LeftNav/Featured+Market+Commentary/IO/2009/Dec+Gros...
And he knows B.S. Bernanke & Turbo Timmy , very close fiends indeed.
You know he knows, what we drones have yet to . . .
puns intended.
manager's parking profits for the y.e., whilst picking up some yield?
I am adding XLU to my short list.
ICBM's...lol
Tailgunners on SNSS
Check the spy volume. No humans there just a game of pong between the algo programs. If you are one of the 40 people playing the market you're wrong, its playing you. Trading as a pass time is too expensive you buy the tickets see the show and get escorted out with an exit charge on top. Have fun but that is a sucker in the mirror playing side show games. Now see if you can throw the ring and make it land on one of the coke bottles. At least then you get a stuffed toy.
+1
I'm convinced GS is jerking the financial world around on purpose, with the express purpose of wiping out its opponents. The moves are counter intuitive, but unpredictably so (otherwise we'd catch on).
This is a bankster war and the we small fry are just collateral damage.
ICBM's spiraling out of control
http://www.youtube.com/watch?v=oY4f1IwQSSY
Meg has a little "Kim Bauer" in 20 years in her. I think i'd like to do her from behind while she tells me about off balance sheet assets
its just sick, wanting to pound her pudding, while she talks financials. sick, and kind of sexy.
Let's not forget the tight office space market heralded by none other than SPG. About two weeks ago, Simon Jr. went on tout tv spouting his blowhole about long term leases and what not. The only reality of that is that SPG has once again top ticked the market and some bucket shop pumped it to get the advising fees.
Great post Robo! Always timely to spice a boring day.
Let me add some more,
1. You would think AMZN would shoot up with the retail sales -regardless of PE (AAPL, AMZN and GS were no leaders today, so what's the rotation plan?)
2. Where the heck is the retail spending coming from, the 80K new hires in temp haven't even gotten their first paychecks yet!
3. Every single commodity is hoarded (oil on the sea, cotton, aluminum in warehouses, etc.), the unwind will be painful if the $ is trigger.
4. My best guess is keep the titanic on path until Jan 1st, so bonuses come in and lifeboats are ready.
The absence of a sell off in spite of another spike higher in the dollar, along with new highs in multiple dow stocks, along with a decline in commodities, along with transports breaking out, suggests that the stock market is going to blast to new highs before the end of the month.
Like a rise in the dollar, that's the contrarian trade.
Bull fucking shit.
If the market crashes everyone is BULLISH on the dollar so it is actually contrarian to be BEARISH on the dollar.
is that why some banks are issuing USD bear notes?
Karma,
How can you have a sell off on30% of normal volume? The tranports are not going anywhere, this market is setting up for a major reversal. Can they keep it going another few weeks?... Who knows. The money coming out of Financials hidding in utils is anything but bullish.
When the retracement comes we are going back to 960 or on SPY. It may well go to new highs, it won't be a blast and it wont last. The charts are bearish as they can be here technically. Its a big bad bear market rally and it will blow apart at the drop of a hat. The dollar hasn't done anything yet, when it starts moving the game is on. This is a monumental set up for patient bears.
http://stockcharts.com/h-sc/ui?s=$USD&p=W&yr=3&mn=0&dy=0&id=p58379376258
Early = wrong.
The simple reason is that HFT drowns out the already weak market signals that the stock exchanges used to be about tracking.
HFT is a noise generator and nothing more - the rate (frequency) of real market signals hasn't changed but instead HFT is taking an already non-Nyquist-limited, aperiodic sampling and revving up the sample rate thus revving up the aliasing noise of the system by precisely the increase in operating frequency with exactly the same sampled signal.
These folks are *not* rocket scientists - I used to be a rocket scientist for the DOD so I do know what that would necessitate. They aren't that.
Interesting...do say more...powerful technology in dumb, unwise hands seems recipe for disaster, for us.
Hmmmm . . . . where is Fourier when we need him?
How would they describe themselves? - Meredith would describe herself as having an interesting sense of style.
"It's the question, Neo. It's the question that drives us. You're looking for him. I know because I was looking for the same thing."
"You know the question as well as I do..."
WHY are junkers like SPG rising day after day, with no visible momentum, on low-ish volume, with dismal future earning potential, a rising dollar and a bond market signalling long, long, long-term DEflation?
Come on, you know the answer was the surprisingly-good-but-soon-to-be-revised-downward retail numbers.
Give in to the government's propaganda; it's bliss.
(Low volume is also making it possible to manipulate the market higher, and there is the perception that a "Santa Claus Rally" is still going to happen in the next two weeks. And the JPMorgan fantasy report claiming Q4 GDP of 4.5%, non-stop growth in housing starts for at least the next 6 quarters, and an 18% rise in the S&P by the end of 2010. It would not surprise me if CRE and SPY keep trending up.)
Current Futures contracts expire next week. It's important to let them expire around here, so they can pocket the profit without selling. No need to spook the market with sell orders now, bonuses locked in also. Play around a bit for the next 2 weeks, then January, a new ballgame. Step off the pedal and just make a days pay, time will come again, to get aggressive.
Hilarious !
Nice post.
Dollar rally, gold melting, plus-sized women's stores bustling with activity, airlines surging....it's all fake.
.....just like MCC's ICBM frontal assault.
I've read that many mainstream players have their money out of market already, is it true?
I'm no trader whatsoever, just live ordinary world of middle class worker bees nowhere near NYC and here, anecdotally, it seems everyone I know, including previously bullish or non-attentive coworkers and friends have gotten their 401k or small investment money out or went much more conservative at some point this fall. And these are the type of people that were telling me two years ago house prices never go down.
Despite previous predilictions, it seems most people I talk to have said "hey, after all the money I lost last fall and spring, now that I got a lot of it back, after a 50-60 percent rally, I want to go conservative for a while, I figure there is more downside to avoid than upside I will miss." While some think economy will be very brutal and tough next few years, and others think we are through the worst of it, none seem to think there is going to be further big rally in stocks. And yet I read bullish sentiment is supposedly quite high and consumer sentiment is somewhat better these days.
In terms of consumer sentiment, I do feel those around me are either now completely broke and unemployed or have found a to-be-trusted, new normal (they still have a job, their small business is making less money but they are making it, etc.), so in a way, those still making money are a little less scared, while still more frugal, than last year, but hardly anyone I know is bullish in any sense of the word.
I don't get the disconnect, who are the bullish ones?
I do agree, once again, initial surprisingly good stats will be adjusted downward later (has the reverse ever happened in the last year?) and then the remaining meager gains will be shown to be mirage when stats thoroughly analyzed (like a lot of this retail gain is high gas prices).
Sue Herrera used to be a man