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Like A Swiss Watch The Daily Risk Spread Divergence Is Here, On Less Than Vapor Volume
As of 30 minutes ago, the ramp in stocks which came out of nowehere, on now news, but is certainly going to generate a whole lot of FRBNY trade tickets over at Citadel, has managed to do absolutely nothing to restore confidence in the average man that the economy is not heading into redepression, but been very successful at causing the risk spread to surge to day wides. Historically the spread has closed promptly on high correlation days, although today's market action is so abnormally surreal it may be best to just step back and observe.
In the meantime, looking at volume... what volume. Not even vapors are forcing this stock surge into the stratospehere. But yes, manipulation is an overused word so no point in invoking it.
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Buy the dip, says UBS!
UBS Weekly Guide: Upgrading our Equity Exposure 6.27.11
Mike Ryan (bio), Stephen Freedman (bio).
We seek to use recent market weakness as an opportunity to upgrade our exposure to risk assets by raising our equity allocation to a +6% overweight. We still look for equity markets to rebound during the third and fourth quarters amid a likely improvement in the cyclical outlook, still supportive policy backdrop, continued robust corporate profit picture, and .attractive valuations
then hurry and sell!
Even if it's not f'ing?
I don't think the word "fuck" would pass compliance.
Esto da mucho asco...
VWAP 1274...
Let's use a different word to describe low volume market pumps higher. Why don't we call it an "Accidental Stock Surge"?
Hey, accidents do happen.
+1
Italians, Spanish CDS accidental surges to new record highs...thats a curious bunch of accidents too:)
These turds have no imagination....they pull this shit every time at 2PM unless someone falls asleep and then they do it at 3PM.
Doesn't take much imagination to rob the same store on the same street at the same time of day every trading day. Nothing to worry about when the cops are always out to lunch.
Your only concern is when does the store restock from yesterday's robbery. Apparently it's 2 PM.........or 3PM when the delivery truck is running late.
I dont know what to call it, as I cant think of anything worse than 'full retard' which we accelerated past long ago.
Yep. Nurse Kratchet came in and handed out the anti-depressants to the boys. No panic attacks allowed.
Extra dose for those who short commodities.
Nurse Ratched.
Pronounced Rat-shit.
Easy to remember from now on, yes?
it was me, i bot an mini. [/sarcasm]
Just one¿=:=)
yep. get ready for a flash crash when I sell. lulz
In spain we have a typical sentence-song: " Esto es un escándalo, Es cán da lo¡¡¡ Es un Escándalo" Song:)
There was a scandal in the handle (betting pool) when I bet on El Caballo at Churchill Downs June 18th, that's for sure. ;)
It looks like the market dynamics sniff of systemic collapse.....
http://www.youtube.com/watch?v=WPp0Ey1kjwc
Volume has been irrelevant since the inception of QE1
Intraday Overbought
Nasdaq Puts intraday Oversold
Markets; what markets? what a Falacy...
HALT THIS CIRCUS
Sell eod
Just keep piling into CMG, LULU, GMCR, and AMZN....you can't lose
What, no CRM?
David Rockefeller is 96 years old, he was born in 1915.
Henry Kissinger is 88 years old, he was born in 1923.
Ash & sulphur.
you have a problem with dodos...
Isn't that a bird that went extinct ?
The Fed announcement of QE infinity with runoff capital ramps the market. Go figure the insanity of it all. Charles Ponzi is a piker compared to Bernanke.
I had turned on CNBC at 2 pm just to check stocks, and in seconds the DOW jumped thirty points. Unbelievable. For no reason.
The bots detected that CNBC's viewership had suddenly doubled.
Best LOL of the day! Thanks!
Tripled.
Prior to him only the eTrade baby was watching. Anyone under 4 years of age is counted as half a person unless they are watching reruns of Romper Room.
Wait......isn't that what CNBC is, Romper Room for day traders and algos?
How about everyone has hedged their positions and now realizes that a Brady Bond solution has been in the works all along so there is some protection in stocks. If it worked for S. America why not the PIIGS. It is all a sham anyway. If I am not mistaked even some of the PM investment companies are hedged in here. Watch for them to ramp up Gold and Silver later today.
Oopsie on that gold/silver thingy there, Dudley.
These up days are like bad sessions of EST
"I am happy because I am happy"
When do the masked pro-wrestlers show up on the floor of the NYSE wearing the trader jackets (but WITH mask, naturally)?
This is beyond words that they would even TRY this.
This has the absolute STENCH of a desperation Hail Mary that I'm actually scared. Who would even possibly buy into this? Why even attempt something this stupid?
Wall St is having another Pollyanna Party!
Shush! It's really a disease called "hubris obliviana"!
When and how will this divergence close?
Unless gold gets over $1,500, this rally is going nowhere.
Banks like USB looking strong, if they follow through with more upside tomorrow, then maybe the SPY can get moving up and drag gold up kicking and screaming.
IMO I've got to think the dollar will strengthen and further weaken the hard metals. While both are weaker today ... one is a head fake. Which one time will tell.
OH it all revolves around gold now, I see.
Until it doesn't I guess. He changes his mind a lot.
Looks like a good short.
Wow! That volume chart is abysmal. We haven't seen volume that paltry since last YEAR! A WHISPER has more volume!
If we do not see some selling after 3:30pm today then this divergence will close overnight in the futures or early morning tomorrow.
Thanks for the insight! Cheers!
Vapor volume for the glue sniffers.
Please, no snorting in public. Think of the kids for God's sake. They might want in and then you'd have to share.
If that is Alec Baldwin, Say it isn't so so. Damn, Thats fugly !!
It ain't so.
Lloyd Bridges: "Looks like I picked the wrong week to quit sniffing glue."
http://www.imdb.com/name/nm0000978/
http://www.imdb.com/title/tt0080339/
Divergence. Is that like compression?
End of month window dressing.
End of quarter window dressing too.
Gotta make those statements look nice so the sheep will feel rich and go out and spend.
How many of you know that the Amish are of German descent ?
They still speak German, a variation of Hessian to be precise.
Do you know which newspaper was the first to print the announcement of Declaration Of Independence on July, 5th, 1776 ?
A German one.
Der Pennsylvanische Staatsbote (engl.: The Pennsylvanian state courier), a local newspaper in and around Philadelphia.
The text read like this:
"Philadelphia, den 5 July.
Gestern hat der Achtbare Congress dieses Vesten Landes die
Vereinigten Colonien Freye
und Unabhaengige Staaten erklaeret.
Die Declaration in Englisch ist jetzt in der
Presse: sie ist datiert, den 4ten July, 1776, und
wird heut oder morgen im druck erscheinen."
Yeah,yeah.
For so long now us Germans and America, the new world, are linked.
Sorry that we provided the redskirts with some Hessian mercenaries.
We made you whole when we sent you General von Steuben, a Prussian General, who trained the Continental troops and wrote the Army handbook.
LOL !
An ancestor of mine was one of those guys, riding around headless with a longsword, like in that movie.
Though more likely he only got drunk in Canadian taverns, far away from the fighting, so the evil Yankees wouldn't enslave Canuckistan.
Abbie Cohen says, according to CNBC, that economic growth will be reaccelerating toward the end of the year, and targets 1450 range in SP500. Obviously, you can't make this stuff up. The only way that could happen is if gold is well over 2,000.
anybody notice it's always "next quarter" or "the second half" or "by eoy" or whatever.... this thing's gonna go, gonna get some some traction, gonna, gonna..... by then
Here's another historic tidbit:
What do Bruce Willis and Olivia Newton-John have in common ?
Both wouldn't exist if it wasn't for Adolf Hitler.
Why ?
Willis is the son of a German mother, a war-bride if you will, and an American soldier stationed in Idar-Oberstein, Rheinland-Palatinate, as part of the occupying forces.
Newton-John, born in Australia, is the granddaughter of German-Jewish physicist and Nobel prize winner Max Born.
He fled the Nazis, first to the U.K, and then relocated to Australia.
Now you know it and went a little bit further down the rabbit hole.
Just a couple of Grand Faloons...
It's that Voo Doo eCONomics..going on Again...
Definitely possible when QE3 is implemented.
on Mon, 06/27/2011 - 14:50
#1406172
David Rockefeller is 96 years old, he was born in 1915.
Henry Kissinger is 88 years old, he was born in 1923.
The sooner these scum bags are off this planet,the beter...
Fucking piles of dirt.....oopsss...SHIT
.999 FINE BULSHIT
Sorry Frank Stein...
It looks like you made the whole post that I copied and pasted.
Edit....
I Bansters(BANKSTERS)-in-my- feces...added the last"the sooner these scum bags are off this planet the better" etc...
Just clearing that up...
Got to fluff up the pillow cushions under the DOW before tomorrows Greek debaucle. I'd laugh if it all closed again well under 12,000, this stupid level we've been at for about 7 months.
Build a dysfunctional recovery and this is what you get. People will even bet on a dead horse.
Bernanke says there will be no QE3 but what the hell is reinvesting all the Treasury rollovers when you said you would be selling the Fed balance sheet in the open market at the end of QE2. I guess if you're the Fed you just change your mind when you are constantly wrong. In our stupid financial media no one calls you out on it anyway.
End of quarter window dressing boys 'n girls, please pay attention. Those fund managers have to keep the numbers up for the performance bonuses.