This page has been archived and commenting is disabled.
Spot The Odd One Out
As a job-safe Big Bird might have said "one of these things is not like the other" as we look at the performance difference between financials and industrials in the new normal. While short-term newsflow keeps banks to'ing-and-fro'ing, the inevitable truth is that it appears it is different this time - and not in a good way.
We have had crises before...
but this one 'looks' different...
Source: Goldman Sachs
»
- 20078 reads
- Printer-friendly version
- Send to friend
- advertisements -
Manufacturing is so 20th century.
The Romneys are inviting Big Bird over for Thanksgiving.
Big Bird will eat him.
Shadow banking is the new growth industry. Until it isn't.
Banks are parasie=tes now - depending on others who created value and wealth. They no lopnger serve to help allocate capital to productivve endeavors, they suck productive endeavors dry. You can only slice, dice, repackage, resell and skim off fees so many times off EXISTING assets. It's liek saying a casino is somehow productive for society as a whole.
But - for now - the smoke and mirrors continue (funded by the masses through government - whether government has their consent or not)
I'm sorry for posting this as it is offtipic, and innapropriate, but it is time I begin asking around for help, b/c I really do need it.
http://www.youtube.com/watch?v=BQ-OHqCbrZk
It's a FIRE world.
FIRE is going to take on a whole new meaning soon enough. This has to be one of the best charts I have seen in a long time.
I'm slow roasting a big bird. Dark meat anyone?
Ok. ok...thats a bit non PC
D'ya ever stop to think?
The cunts are keeping all the profits for themselves - golden handshakes, bonuses, expenses (lear jets, hookers, coke and blow), options, provisions, golden parachutes, siphoned out the back door, whatever - and the shareholders get jack.
No wonder their SPs are sideways. Huh?
See Ben?? The fucking QE is working FLAWLESSLY!!!
Black line from '09 proves it's all FED all the time..
Yeah m8. Here in the UK it's deffo a barbarous relic. Banking's where it's at..............oh, wait.
SDS volume skyrocketing.
There was a 4:1 reverse split
Cool. Since one of my banksters charges me 20 cents PER SHARE , i can finally buy some. 1250shares at the close so i pay the minimum of $250.
This was my PERSONAL black swan. I USUALLY do very well with sds.
Now , i have reasons to be with these types of banksters, anyone want o guess?
The decay on 2X and 3X short ETF's is terrible. If I didn't know better I'm guessing the folks running those funds take that money and somehow magically use it against you and take "rebalancing" at the end of the day. Be real careful using that stuff.
The trick there is to short them. If you want long, short the 3x short etf for example. That way the decay works for you.
Dow as at 887 in 83 and now at 13636. It resembles to Fed balance sheet. http://www.freefdawatchlist.com
So will the mean reversion be industrial to bank levels or vice versa? S&P double top might lead me to believe the former, but Bernanking might pull the latter.
Looks to me like the banks have plenty of support...at about 300...and then again at about 0.
The support of a bra with overstretched elastic holding up a fat old lady's boobs perhaps?
Hey, that's a little too close to home, Doc....
Sounds like you just went to Walmart.
Either way, gold will have the same store of value.
This pig will roll over eventually regardless of what the Bernank does. Japan is our model there is no escaping it.
BINGO!
Japan, the New Normal
Eatchur sushi.
It's a global village now.
With an annual income and standard of living quickly approaching that of your typical thrid world shit hole. Welcome to the new global serfdom.
Global shanty town with McCastles on the hills.
We are Japan!
... minus the exports.
Isn't the real point of QEing to entice the sheeple back into equities (I refuse to use the word *market*)? Until that happen, banksters have no one to sell to. *If* it ever does, and the banksters are able to unload, we'll see our *correction* and *they* will buy up the entire world on the cheap, the very cheap.
...but Bernanking might pull the latter.
Of course he will. Everything he's doing is aimed at reflating the value of failed assets from the last cycle. What he CAN'T do (without causing serious inflation) is bring the income generated by those assets back to previous levels.
Anything the CBs pull is only going to be smoke and mirrors. Animal spirits, hopium, and brainwashed masses will eventually have a "come to Jesus" moment with reality.
Aren't there two banks, and a retail chain that gets a third of its sales from EBT cards in the "Industrials" index?
That is a bingo!
GE closes last US light bulb manufacturing plant.
So? Stocks are going to keep going up because the dollar will keep devaluing to make up for this.
Out of all the shit they say about 'the market' that's the one thing that makes sense to me. The dollar is worth less and less, so it cost more and more to buy stocks.
When gas is $5 a gallon, apple will be $1000, when gas is $10, apple will be $2000, all the way up until the bus reaches the end of the line and everyone is forced to get off.
Yes, I'm beginning to realize that is the case. Even though QE directly targets treasuries, MBS, etc, owning those things doesn't create any profit. QE bails out dealers so they can continue market manipulation more effectively, the drawback being the market is worth more and more in ever more devalued dollars. I don't think they're interested in pushing interest rates any lower. Those will just hold. So stocks will go up like precious metals until the time the system vaporizes.
makes you wonder what the chart would look like when the derivatives start imploding.
AAPL 50DMA test #2: let it kiss $656
until it is needed monday to hold up the indexes
so, moral of the story is to buy banks, since its impossible for industrials to fall.
We became a service economy, and by "service", I mean we service the bankers like a hooker would for a $1000 bill.
So what you are saying is buy the banks right? No.....? The next four months are going to be interesting.
That's NOT what Kyle Bass said. You could GO to the bank and get a bunch of nickels, though. That might be good.
I was being sarcastic. The only thing I want to see is for the banks to continue their slide to zero.
Notwithstanding... the thieving banksters get the biggest salaries...
The right one. did I win?
Actually its head and shoulders of death. Targeting 0. Would make sense in a communist country as all equity is worth 0
Great observation, it is a head and shoulders pattern. Best way to short the banks is to buy gold and silver.
Mark-to-unicorn-to-bonus is one helluva drug
American banks can no longer sucker the world to buy their "shit-breathing" products.
What happened to your " big after the close news" three days ago?
NATO: Turkey/Syria. Turkey is already calling for a no-fly zone over Syria. Lots of the news there is not being reported to spotlight Obama rally today
Are we going to be beaten over the head with Big Bird 2 Eternity ? When do we get a president who will put on his Pilgrim clothes and chop the Thanksgiving turkey's head off on a stump in the rose garden ? Celebrate our fucking traditions ! Pardon my French ! I'm sick of wimpy presidents that do the wimpy bidding of the MSM ! I want a MFing president who KIX ASSSSSSSSSSSSSSSS !
Don't hold your breath.
Wouldn't you like to see Big Bird hold the turkey's head down on the stump .... and the whole Sesame Street gang applauding .... and later helping the first lady prepare the dinner with the white house staff .... all dressed in period costumes .... teaching history to our polyglot urchins ! We get Jimmy Carter pardoning a turkey .... a turkey should pardon Jimmy Carter .... well, that's for another day ! Where's our next Teddy Roosevelt !
Somewhere past the looming valley of the shadow of death...if we are lucky. Its for damn sure that neither the Choom Wagon nor Rafalca are going to carry us there.
Yeah that's what we need. 4 more years of a further expansion of warmongering. As if Obama hasn't expanded even further our wartime adventures. Escalation of the war in Afghanistan (which are going to lose) and further expansion of covert wars in Pakistan, Somalia, and Yemen along with new adventures in Mali and other African hot spots.
US is playing the 'Great Game' only this time it is against China as we race for control of resources and geopolitical leverage.
Paper-pushing does indeed pay when you own CONgress and can print money. - FAIL.
http://www.silverdoctors.com/cartel-dumps-1-5-x-us-annual-silver-product...
Cartel Dumps 1.5 x US Annual Silver Production on Futures Market in 5 Minutes on NFP Release
October 5, 2012 By The Doc
That black line propped up in the golden circle looks like El Cid...
The banks need to get cracking with offshoring production to lower cost countries.
like bayview loan servicing: operations in uraguay and philiipines...
One of these days we will wake up and this will all be over. I have no idea when, when, or how, but I tell you one thing, I will be relieved when this does come to head. It'll be like someone lifting a weight off our collective shoulders.
And it is up to us to stop any single one of the heartless bastards who put us here in the first place, from having absolutely anything to do with the new paradigm. Whatever it may be.
We owe it to our kids, all of us
The way this thing is going we'll more than likely wake up dead.....on a long enough timeline.
I'd love to see the links in that chain laid out end-to-end leading all the way back to TARP/stimulus.
The Zimbabwe stock market have performed better, Bernanke can do more than that.
http://www.google.com/trends/explore#q=food%20stamp
This chart is better than every words.
interesting how the FED's balance sheet peaked in January/February this year and has been slowiy shrinking since then. end of the bond rally in sight?
Huh, well actually producing stuff that people need makes money....go figure
"Huh, well actually producing stuff that people need makes fiat....go figure"
------------------------------------------------------------------
Fixed. But yes, +1 for you. Now about the purchasing power of that fiat...
fair enough...lol
yes, the poosr common stock holders....try putting up a chart of relative bond performance. there are some 'investors' who simply do not lose, they just change the rules.
Save the banks and destroy the rest of the economy. Mission accomplished.
This chart would look even better (worse) measured by a stable yardstick, the universally-loved barbaric relic of more honest times.
Homework for banksters.
Upper chart: Do you see a pattern? Add the missing arrow and text to the rightmost box.