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A Visual Case Study In HFT Accumulation Perfection

Tyler Durden's picture




 

Presenting the chart of AAPL: the stock, which has surged from $240 to $292 in less than a month, has done so without violating the 2 Std Dev upward channel once! In other words, nobody but programs which are designed to trade within the traditional technical upward channel of +/- 2 Std Devs are doing the trading in AAPL. And now that your confidence in a rational, non-binary market has returned, please buy, buy, buy. And pray none of these machines has a short circuit, and/or nobody decides to use the Stuxnet virus on the NYSE.

As for those carbon based lifeforms who are looking at this chart and are concerned by the increasing parabolic blowoff, which soon mean the stock will have to travel backward in time to rise as fast, one may say they have a good reason to be quite terrified.

 

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Fri, 09/24/2010 - 11:58 | 602667 goldmiddelfinger
goldmiddelfinger's picture

the key to the market is an apple

Fri, 09/24/2010 - 12:29 | 602760 SMG
SMG's picture

Anybody want to hazard a guess how much longer this is going to keep going on? My best guess is it could stop anytime between now and Dec, probably with a spectacular down day.   Unless they want to collapse the dollar now, they have to stop right?  Don't they want to drag the collapse out another year or two?

Fri, 09/24/2010 - 12:41 | 602774 lechmm
lechmm's picture

Won't stop as long as Ben is at the printing press.

Fri, 09/24/2010 - 12:55 | 602797 SMG
SMG's picture

Yes, but from what I've been able to tell, the printing press doesn't  just have an on-off control.  Seems more like LO-MED-HI-Zimbabwe control. Just wonder if they don't set it to ZIM until end of 2011 to 2012.  

Also might the republicans winning in Nov result in a dial back to MED or LOW?

Fri, 09/24/2010 - 13:13 | 602837 Turd Ferguson
Fri, 09/24/2010 - 13:20 | 602857 lechmm
lechmm's picture

Are you suggesting there is a difference between the parties?

Fri, 09/24/2010 - 13:33 | 602887 SMG
SMG's picture

No I know they are controlled behind the scenes by the eyeball triangle cult.   Neither party is saying get rid of the fed, or stopping suicide trade practices, or illegal immigration.  

I'm saying that in the short term, if the Reps do what they say in the "Contract to America"  which is cut spending.  That should maybe dial the printing press back to MED or LOW, and crush equities and commidities.  Which may be the next phase in the plan before all out hyperinflation. (At least this is my current theory)

Fri, 09/24/2010 - 14:37 | 603022 lechmm
lechmm's picture

There is no one good solution, I believe, only solutions that will hurt more or less. America is in the economical experimental zone... as it frequently had been in the past. Hopefully it will come out of all this stronger. But it will take time. Lots of time. Years and years, IMHO.

Sun, 09/26/2010 - 14:32 | 605700 Keri at Bankste...
Keri at Bankster Report's picture

Unless, of course, the Republocrats win and all the sudden we're invading Iran.  The Rep's (with a few expections) don't seem to extend any measure of fiscal responsibility to so-called "defense" (read: offense) spending or international war-making.  Don't forget to add "ending the empire" to your list of things that neither party is advocating. 

And by the way--its the eye-ball pyramid cult, not eye-ball triangle cult! We have an obligation to our Freemasonic founding fathers not to get our symbols mixed up, don't you know.  Plus, Roosevelt, Wallace, and that creepy Russian dude, Roerich, were very careful to make sure our worthless FR notes were decorated with the appropriate Luciferian occult symbols, and it is our patriotic duty not to question the notes, our government, or the master eye-ball pyramid cult.

Fri, 09/24/2010 - 13:29 | 602885 UninterestedObserver
UninterestedObserver's picture

Who knows but this is f*cking retarded

Fri, 09/24/2010 - 11:58 | 602668 Rusty Shorts
Rusty Shorts's picture

The History of Man

 

Hunter Gatherer > Agriculture > Manufacturers > Services >Unemployed > Die-off.

http://www.youtube.com/watch?v=rlQrYCacrKo

Fri, 09/24/2010 - 12:00 | 602675 pan-the-ist
pan-the-ist's picture

What happened to the hunter gatherers who were disenfranchised by agriculture?

Fri, 09/24/2010 - 13:23 | 602866 Sancho Ponzi
Sancho Ponzi's picture

They became nomadic herders?

Fri, 09/24/2010 - 14:55 | 603073 tmosley
tmosley's picture

They became politicians.  Only now they are living off of the fat of our backs, rather than the fat of the land.

Fri, 09/24/2010 - 21:45 | 603879 Rusty Shorts
Rusty Shorts's picture

They became dead, see "Native Americans".

Fri, 09/24/2010 - 11:58 | 602670 sethco
sethco's picture

dats dicked up

Fri, 09/24/2010 - 11:58 | 602671 pan-the-ist
pan-the-ist's picture

Honestly, this or something similar it is the future, we're going to have to learn to work with it. (bitchez)

Fri, 09/24/2010 - 12:25 | 602746 lechmm
lechmm's picture

Agree. Given the state of the market, there are three alternatives, as I see it:

1) stay on the sidelines - invest in stuff giving 1-2% per annum

2) go with the flow (the FED)

3) be a contrarian and short the market taking into account the doomsday scenario.

Until now, I have 80% of my capital in alternative #1, and 20% in alternative #3 (according to the scenarios described by ZH and other well-intended gurus).

Well, the contrarian approach is hurting me terribly and I realize I won't succeed fighting the FED. (Pls don't comment, I know I was stupid. As an excuse I will say I did not have time to devote to the issue). So, am thinking to switch over to #2, in other words "if you can't fight them, join them. But will give it still 2 weeks, hoping to recoup somewhat in early October. Teppler's interview and Damien Cleusix' Q3 outlook, posted yesterday, made the decision for me. Thanks for those, Tyler.

 

Fri, 09/24/2010 - 13:31 | 602891 UninterestedObserver
UninterestedObserver's picture

You forgot #4

 buy as much silver and gold before the reset - if there is armageddon and WWIII then 1-4 don't matter anyway

Fri, 09/24/2010 - 14:53 | 603063 lechmm
lechmm's picture

Yes, you are right. I do trade gold miner stocks. I just sold my holdings (with a profit). Awaiting the trend to cool off a bit. (Am not a day trader.) But I will devote only a small portion of my capital to gold-related holdings. BTW, I think Coke is better than Gold.

Before WWIII, I think there will be an American Revolution.

Fri, 09/24/2010 - 15:00 | 603096 tmosley
tmosley's picture

If you mean cocaine, then this clown agrees with you.

http://www.youtube.com/watch?v=QaQHKQbXal0

Fri, 09/24/2010 - 11:59 | 602673 swanpoint
swanpoint's picture

Neuromancer, bitchez.

http://en.wikipedia.org/wiki/Neuromancer

AI, rulez.

Fri, 09/24/2010 - 12:02 | 602679 Id fight Gandhi
Id fight Gandhi's picture

We will have body banks soon enough.

Fri, 09/24/2010 - 12:00 | 602676 Id fight Gandhi
Id fight Gandhi's picture

Are they accepting food stamps at the apple store? Oh its just dumb money and machines pumping this.

I like apple, good company, but this is insane for a months move, very scary after adobe goes from year high to year low in one week.

Fri, 09/24/2010 - 13:32 | 602894 UninterestedObserver
UninterestedObserver's picture

Come on - I am SURE AAPL deserves to be the 2nd largest company in the world as determined by market cap. Market probably won't crash until it is solidly #1

Fri, 09/24/2010 - 14:07 | 602954 Maos Dog
Maos Dog's picture

Apple stores are MOBBED every single time I go there. 

Fri, 09/24/2010 - 12:02 | 602681 citationneeded
citationneeded's picture

HarryWagner = HFT

Fri, 09/24/2010 - 12:03 | 602684 RobotTrader
RobotTrader's picture

AAPL??

That's nothing.

Look at AMZN, who warned big last July and the stock is up nearly 60% since then.

Fri, 09/24/2010 - 12:06 | 602692 goldmiddelfinger
goldmiddelfinger's picture

I was just gonna say, but I knew you'd be along w a pic

Fri, 09/24/2010 - 12:08 | 602700 traderjoe
traderjoe's picture

And in the meantime, the mall based REITs like SPG have also had nice ramps. Uh-huh. 

Where have the pictures gone Robot? And not the Pelosi ones...

Fri, 09/24/2010 - 12:14 | 602716 swanpoint
swanpoint's picture

What do the crop circles around NASDAQ:NFLX look like? Up 252% on the 52-week chart.

 

 

Fri, 09/24/2010 - 12:31 | 602766 Fidel Sarcastro
Fidel Sarcastro's picture

What about CAT?  Up 45% in 3 months.

Fri, 09/24/2010 - 12:04 | 602688 43 Steelie
43 Steelie's picture

It's because David Einhorn found the company to be "iTractive" at $245

Fri, 09/24/2010 - 14:28 | 603003 PhattyBuoy
PhattyBuoy's picture

+1 Heehee

Fri, 09/24/2010 - 12:05 | 602690 FunkyMonkeyBoy
FunkyMonkeyBoy's picture

Travel back in time?

Fire up the Delorean and let's go back to the start of the month!

Fri, 09/24/2010 - 12:06 | 602691 Xedus129
Xedus129's picture

while(bernanke_pump==true){

x[] = print_usd();//Print

pump(x[]);

if(LBMA.hasPM())//FAIL

{

short(Gold,Silver);

}

}

return hyperinflation;

Fri, 09/24/2010 - 12:10 | 602709 FunkyMonkeyBoy
FunkyMonkeyBoy's picture

That C won't compile dude. 

If you're indexing in to that array 'x' you'll need to put a value into [].

Also, can't see when bernanke_pump ever gets set to false? So the loop won't ever break out. Does this mean we never return hyperinflation? Maybe that's the point!!

Let's have some Hungarian notation next time please ;-)

Fri, 09/24/2010 - 12:15 | 602720 Xedus129
Xedus129's picture

Java, not C! or C# if you want, and yeah infinite loop was a joke, but I did misplace that last bracket.

Fri, 09/24/2010 - 12:16 | 602724 Xedus129
Xedus129's picture

I mostly do VHDL and Assembly anyways, Java was just a side hobby.

Fri, 09/24/2010 - 12:19 | 602727 snowball777
snowball777's picture

No, no hungarian notation; let the 80s structured-programming fetishes die.

Fri, 09/24/2010 - 12:20 | 602730 Xedus129
Xedus129's picture

OOP ftw

Fri, 09/24/2010 - 12:52 | 602795 snowball777
snowball777's picture

Aspect-oriented; better separation of concerns.

Fri, 09/24/2010 - 12:57 | 602810 Xedus129
Xedus129's picture

Never heard of that style, any good examples?

Fri, 09/24/2010 - 13:25 | 602874 Biosci
Biosci's picture

All I see is blonde, brunette, redhead...

Fri, 09/24/2010 - 12:08 | 602698 jtmo3
jtmo3's picture

"nobody decides to use the Stuxnet virus on the NYSE."

 

Oh, don't get me so excited. I about lost it. One can dream I guess!

Fri, 09/24/2010 - 12:08 | 602701 Ragnarok
Ragnarok's picture

OT: Zucker Announces Departure From NBC

 

http://www.cnbc.com/id/39343618

Fri, 09/24/2010 - 12:43 | 602775 divide_by_zero
divide_by_zero's picture

White House position awaits?

Fri, 09/24/2010 - 12:10 | 602706 nutkicker
nutkicker's picture

Bet the systems running the aapl trade channel are NOT running on Macs.

Fri, 09/24/2010 - 12:48 | 602785 e1618978
e1618978's picture

And not Windows either.  Linux, VxWorks, etc are more likely.

Fri, 09/24/2010 - 15:30 | 603188 Hephasteus
Hephasteus's picture

And they are trying to get linux to switch over from System7 parent daemon to a new systemD, and it's going to have consequences and repercussions as in everything on the planet is going to be infinitely hackable.

Fri, 09/24/2010 - 12:12 | 602708 goldmiddelfinger
goldmiddelfinger's picture

I see a double top on SPX vs Tues high.

Keep those plates spinning boyz

http://www.youtube.com/watch?v=FK4nh5I0jpE

 

Fri, 09/24/2010 - 12:48 | 602789 n2dark
n2dark's picture

stop *seeing* anything ... these are just illusions.

 

 

 

Fri, 09/24/2010 - 12:12 | 602711 MrTrader
MrTrader's picture

Gentlemen, as far as informed sources are informed a man with the brain of a two old boy from BarCap is responsible for todays rally. He pushed the wrong button after durable numbers. Just a rumor from the London desks. Poor guy, I feel so sorry for him...;=)

Fri, 09/24/2010 - 12:19 | 602715 plocequ1
plocequ1's picture

Im writing this reply on my Apple Macbook pro i7 2.66 GZ machine, A fucking marvel of modern science. May Appl and Nvidia ( The maker of MBP graphic cards ) stocks  go to the fucking moon.

Fri, 09/24/2010 - 12:23 | 602740 Xedus129
Xedus129's picture

Run an .exe file?

Fri, 09/24/2010 - 13:20 | 602859 snowball777
snowball777's picture

VMware, BootCamp, Parallels..yes.

Fri, 09/24/2010 - 13:58 | 602939 Xedus129
Xedus129's picture

Tell that to the retards in my electronics class who can't figure out how to install Pspice on their Macs, I just hate them because they have become a fashion statement.

Fri, 09/24/2010 - 12:30 | 602761 troublesum
troublesum's picture

Have you ever looked at the NVidia logo before... looks a little eye like to me.. maybe you shouldn't be rooting for a company with an Illuminati logo on it...

Fri, 09/24/2010 - 13:04 | 602826 Cojones
Cojones's picture

Simply order the iPatch to cover the webcam. 

http://www.virtualspaceindustries.com/theipatch/

Fri, 09/24/2010 - 13:17 | 602850 plocequ1
plocequ1's picture

Update: And the Iphone4 is also a great product. Apple deserves to be where they are. They produce products that people enjoy. God bless Steve Jobs.

Fri, 09/24/2010 - 13:21 | 602861 snowball777
snowball777's picture

If by enjoy, you mean swear at when their calls drop out.

Fri, 09/24/2010 - 15:21 | 603166 Reductio ad Absurdum
Reductio ad Absurdum's picture

Yes the black-market liver that Steve Jobs acquired was surely god's will.

Fri, 09/24/2010 - 15:35 | 603203 Hephasteus
Hephasteus's picture

You're such a good corporate evangelizer. I'm sure he will allow you 30 minutes licking his royal ass in the afterlife.

Fri, 09/24/2010 - 15:33 | 603197 Hephasteus
Hephasteus's picture

Does buying a mac make you suddenly much more impressionable. When you join the group do you wake up with pillow imprints all over your face that won't go away till just before you go to bed again? And do you spend more time fawning over lady gaga?

Fri, 09/24/2010 - 12:16 | 602722 snowball777
snowball777's picture

The itsy-bitsy spider, climbed up the water spout...

Fri, 09/24/2010 - 12:31 | 602764 Jim Cramer
Jim Cramer's picture

Down came the rain and........

Fri, 09/24/2010 - 15:57 | 603253 Devore
Devore's picture

...and buy buy buy?

Fri, 09/24/2010 - 12:20 | 602729 MrTrader
MrTrader's picture

 

China Currency Measure Heads for House Vote After Panel Approval

http://noir.bloomberg.com/apps/news?pid=20601087&sid=at4dI5cx25Oc&pos=8

That´s really a problem. Sold all my stock holdings.

Fri, 09/24/2010 - 13:13 | 602835 Careless Whisper
Careless Whisper's picture

apparently the unions lobby is stronger than the walmart lobby.

Fri, 09/24/2010 - 12:25 | 602745 GoinFawr
GoinFawr's picture

"...are concerned by the increasing parabolic blowoff, which soon mean the stock will have to travel backward in time to rise as fast..."

Hahaha!

Fri, 09/24/2010 - 12:31 | 602763 lechmm
lechmm's picture

Tyler, the quants have taken over your board!

Fri, 09/24/2010 - 12:48 | 602786 tempo
tempo's picture

As a conservative, value investor I recommend NFLX and AMZN with PEs of only 66.  If you want a sure thing try salesforce (CRN) or LVS with PEs of over 130.   Assume record consumer Christmas sales and spending and AAPL is also a bargin.

Fri, 09/24/2010 - 12:48 | 602788 RobotTrader
RobotTrader's picture

Looks like the OIH has cleared 110 with no problem.

Now waiting for the NYA to make new highs.

Fri, 09/24/2010 - 12:53 | 602799 RobotTrader
RobotTrader's picture

ERF could be clearing a huge base.

It pays about 9%.

Fri, 09/24/2010 - 12:54 | 602802 shushup
shushup's picture

If only machines are trading the stock then humans are not getting hurt right?

Fri, 09/24/2010 - 12:58 | 602805 Leo Kolivakis
Leo Kolivakis's picture

An apple a day keeps the doctor away. Here is my visualization of Greek perfection, Marianna Polixronidi (pronounced Polihronidi). Ok, off to enjoy the Athens nightlife and more eye candy. :)

 

Fri, 09/24/2010 - 13:01 | 602821 Deep
Deep's picture

Here comes Leo, been missing for awhile and now here is is. i am typing this out at 12:58.

THAT'S THE TOP BOYS

LOL

 

Fri, 09/24/2010 - 13:06 | 602828 Leo Kolivakis
Leo Kolivakis's picture

And here comes Deep with his moronic comments. Poor fellow has been deep in the red and getting deep it in the backside while he's shorting this market. You should take my advice and buy some solars while you still have money in your piggy bank.

Fri, 09/24/2010 - 13:36 | 602901 Deep
Deep's picture

All those solars you talk about, just look at chart longer than 1 month. Try like 6 months or longer.

 

Thanks

 

 

Fri, 09/24/2010 - 13:49 | 602930 Vampyroteuthis ...
Vampyroteuthis infernalis's picture

Thank you Leo. RT has been dropping the ball.

Fri, 09/24/2010 - 14:48 | 603043 Hephasteus
Hephasteus's picture

Aren't greeks supposed to have curly hair. I think she's a french man.

Fri, 09/24/2010 - 13:11 | 602832 bada boom
bada boom's picture

There are a lot stocks that look like AAPL since the end of August.

Even SLV looks like it, not about the standard deviation stuff.

Fri, 09/24/2010 - 13:13 | 602836 topshelfstuff
topshelfstuff's picture

Yesterday Bloomberg mentioned that of the last 14% gain in the S&P 500 8% of that is solely APPLE, also a China company, New Energy Systems supposed to be launching an APPLE specific line of products in the US this Fall, acording to them a quicker charge and 4-7 times the power. They already have them in China

Fri, 09/24/2010 - 13:14 | 602839 Hephasteus
Hephasteus's picture

They say construction is dead. But I see facade and replacement facade being a big industry this year and next.

Fri, 09/24/2010 - 13:20 | 602855 wiskeyrunner
wiskeyrunner's picture

What do Apple, Amazon, Este Lauder, all have in common with the men who run this nations money supply?

Fri, 09/24/2010 - 13:26 | 602858 fiddler_on_the_roof
fiddler_on_the_roof's picture

Oh, if there is so much negative light being shown on AAPL, it should be going up.

Anyway I have put a stop limit on it. AAPL is a far cheaper compnay than the other crazies. I expect this ride till Jan 2011.

BTW I am a new convert to Apple from PC world. They have super products, I  have been recently going all in with Apple Router/Network Drive/iPhone/Mac since a year ago. pricier but ease of use and config offsets that.

Also I like Amazon because I hate physical shopping.

Fri, 09/24/2010 - 13:35 | 602899 huggy_in_london
huggy_in_london's picture

great i hate "physical" shopping also... almost as much as i hate buying 66 P/E stocks.......

Fri, 09/24/2010 - 14:17 | 602982 Maos Dog
Maos Dog's picture

I just bought the new apple extreme router and it fixed all of the wi-fi problems I was having, and no more daily resets.

 

Windows 7 was such a complete disaster, we just dumped all of our windows boxes and went 100% Apple. A little more expensive up front, but we will get that money back 10x in productivity gains. I am really liking the ipad as well, I don't know why there is so much hate against it.

Fri, 09/24/2010 - 15:29 | 603182 pan-the-ist
pan-the-ist's picture

Are you for real?

Fri, 09/24/2010 - 17:38 | 603507 doggings
doggings's picture

Are you for real?

lol thats exactly what was forming on my lips as I read your comment.

that was a surreal little Apple commercial wasnt it.

Fri, 09/24/2010 - 13:23 | 602867 whereismyorange
whereismyorange's picture

You don't need a program to stay in such a channel...

Fri, 09/24/2010 - 13:26 | 602872 forgetalpha
forgetalpha's picture

This logic is flawed, just because something doesn't trade outside of a channel doesn't mean that it has to be controlled by programs...please ZH, reassess this line of reasoning. There we're plenty of trends like this long before any type of nano tech was in the market

Fri, 09/24/2010 - 13:42 | 602912 Voluntary Exchange
Voluntary Exchange's picture

Isn't is funny how the market just can't seem to crash no matter what when there are no retail suckers to hold the bag?

Fri, 09/24/2010 - 13:44 | 602918 Abiggs
Abiggs's picture

Did anyone see the Sqwak Box session with Tepper this morning?

That should answer any questions related to the "mysterious" market action this month and any questions in regards where it's going in the near future.

Fri, 09/24/2010 - 14:55 | 603072 wiskeyrunner
wiskeyrunner's picture

What do you think would happen to Apples stock when Steve Jobs leaves for what ever reason? It will end up just like EBAY.

Fri, 09/24/2010 - 21:43 | 603877 StychoKiller
StychoKiller's picture

Someone is sucking down the "Greedquil" (or, in this case, "TestosterOil!")

Sat, 09/25/2010 - 22:44 | 604957 CL1
CL1's picture

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