• Gold Money
    05/26/2016 - 14:27
    Here’s a question that might have you pondering: Is gold a commodity? More importantly, are we doing a disservice to the gold industry by calling gold a commodity? These may sound like silly...

Get'cher Dow 13K Hats Here...

Tyler Durden's picture




 

Retirement-Off! The Dow just crossed back under the magical 13,000 level for the first time in two months...Having crossed this rubicon for the first time on Februray 21st, we can reflect on eight months well spent... and the sound of millions of retirees sifting through the 'Help Wanted' pages is deafening - as those 'young-people' that voted for change will continue to participate less in the workforce.

Dow 13000...

 

A two-month roundtrip of hope...

 

And the reality in our country...

 

The New Normal: "Sell in February and go away"

0
Your rating: None
 

- advertisements -

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.
Wed, 11/07/2012 - 11:25 | 2956029 spastic_colon
spastic_colon's picture

probably see 13k again today VIX is again being gamed

Wed, 11/07/2012 - 11:28 | 2956047 derek_vineyard
derek_vineyard's picture

 13K inflation adjusted =  ???

Wed, 11/07/2012 - 11:47 | 2956136 hedgeless_horseman
hedgeless_horseman's picture

 

 

WMT up 23% YTD, with a 2.16% div yield.

The business model of old employees, EBT card acceptance, bad food, and cheap clothing is strong.

 

Wed, 11/07/2012 - 11:54 | 2956176 Atlas_shrugging
Atlas_shrugging's picture

At what level has Buffett sold billions in S&P puts to finance his oligarchy?   Will be fun to watch him defend and ultimately surrender like S&P 1,000 the last go-round…

Wed, 11/07/2012 - 11:54 | 2956219 SeverinSlade
SeverinSlade's picture

Republicans now have zero incentive to agree to any fiscal cliff deal.  The longer they hold out, the more they gain.  A deal will not be reached until the last minute as I said previously.

S&P 1260 here we come.

Wed, 11/07/2012 - 13:46 | 2956272 Karl von Bahnhof
Karl von Bahnhof's picture

Warr Stleet levenge!

Wed, 11/07/2012 - 13:21 | 2956826 Vince Clortho
Vince Clortho's picture

Not seeing S&P dropping now with Qeternity.

40 Billion a month buys the S&P wherever they want it.

A random thought:  Can you have a fiscal cliff with unlimited printing?

Wed, 11/07/2012 - 11:42 | 2956145 redpill
redpill's picture

Overlay of Nikkei 225 circa 1990?

Wed, 11/07/2012 - 11:43 | 2956153 spastic_colon
spastic_colon's picture

touche'

Wed, 11/07/2012 - 11:49 | 2956185 vast-dom
vast-dom's picture

how perfect would obummer winning being the black swan that crashed markets today like SP 650?

Wed, 11/07/2012 - 11:57 | 2956229 Spastica Rex
Spastica Rex's picture

Maybe black, but certainly not swan.

Wed, 11/07/2012 - 13:40 | 2956949 blunderdog
blunderdog's picture

Black swans just ain't what they used to be.  They used to be something unexpected and rare.

Now they're just anything someone might think is kinda bad.

Wed, 11/07/2012 - 11:29 | 2956052 LawsofPhysics
LawsofPhysics's picture

expected.  there is no "market".  Paper shorts, gold, and VIX related things will all be kept in check.  Now about that physical world...

Wed, 11/07/2012 - 11:35 | 2956092 The Wizard of Oz
The Wizard of Oz's picture

DON'T WORRY FOLKS. KEVIN HAS EVERYTHING UNDER CONTROL. 3PM BOUNCE WE WILL BE BACK AT DOW 14000!!!

Wed, 11/07/2012 - 11:42 | 2956144 pods
pods's picture

That is what is going on.  I read on Kevin's facebook page that he is off to a ski trip in Colorado.

You can only smoke hopium for so long before you need the good stuff.

pods

Wed, 11/07/2012 - 11:25 | 2956030 Calidreaming
Calidreaming's picture

I hope this POS mother fucker gets down to 5k faster than you can say Obama Care

Wed, 11/07/2012 - 11:29 | 2956057 buzzsaw99
buzzsaw99's picture

Yeah, like it should have when that hank paulson fuckwad extorted congress.

Wed, 11/07/2012 - 11:26 | 2956032 icanhasbailout
icanhasbailout's picture

For added fun the NASDAQ broke 3k to the downside and the S&P is doing the same with 1400

Wed, 11/07/2012 - 11:27 | 2956033 Captain Benny
Captain Benny's picture

Can we finally have the dip we've been waiting over a year for????  Its actually fun to see AAPL spiral downward after testing its 200d.

Wed, 11/07/2012 - 11:27 | 2956035 Hedgetard55
Hedgetard55's picture

Help us Obi Wan Bernanke!

Wed, 11/07/2012 - 11:31 | 2956036 derek_vineyard
derek_vineyard's picture

10Kby2k  <my screen name on AOL in 1990's

10Kby2k15 w/ cpi-w at 300     <my prediction

Wed, 11/07/2012 - 11:41 | 2956138 Dr. Engali
Dr. Engali's picture

We will see 10k in 2013

Wed, 11/07/2012 - 12:22 | 2956405 RSloane
RSloane's picture

Absolutely, Doc.

Wed, 11/07/2012 - 11:27 | 2956037 -1Delta
-1Delta's picture

Crowding out younger workers? bullshit

 

Young workers just want the check from the gov.... EBT participation more likely....

Wed, 11/07/2012 - 11:29 | 2956058 Captain Benny
Captain Benny's picture

Younger workers are definately being crowded out of the marketplace.  Just look around at any non-retail job and you'll see its dominated by a much older workforce who has no intention of retiring any time soon, because they're still paycheck to paycheck themselves.

Wed, 11/07/2012 - 11:33 | 2956080 -1Delta
-1Delta's picture

yes but the young workers dont care to work- not even a competition.. they just want the check/EBT card.

 

 

Wed, 11/07/2012 - 11:45 | 2956167 pods
pods's picture

I guess now that we can put away the red/blue false dichotomy we can get back to the young/old one?

pods

Wed, 11/07/2012 - 12:42 | 2956566 -1Delta
-1Delta's picture

so true

Wed, 11/07/2012 - 11:42 | 2956139 localsavage
localsavage's picture

Nearly every under 35 that I know is a lazy Socialist who sits on ther ipone / pad / pod complaining about how hard it is to be them.  They are happy to work for beer money as long as they can live at home and still get the latest iproducts to impress their friends.

Wed, 11/07/2012 - 12:21 | 2956404 Ballin D
Ballin D's picture

Fuck off.  I went to school for a BSBA in finance, got good grades, was involved on campus, leadership experience, passed the CFA L1 right after graduation and have been working my ass off to find any finance/accting/business job that I can and I am still unemployed today.  I am not alone.  There might be a lot of fucking losers coming out of school but there is not much of a reason to try when people like me cant even find an employer to grant them the privlege of interning for free.

 

Ill be going on any form of welfare/foodstamps I can get once I pass that one year unemployed mark and I hope it comes straight out of your pension.  Maybe Obama will spot me an iToy.

Wed, 11/07/2012 - 12:46 | 2956481 hedgeless_horseman
hedgeless_horseman's picture

 

 

Willing to move to Texas? 

No state income tax. 

Net exporter.

Lawmakers only meet for a few weeks every other year.

Right to work state (few unions).

Leading the nation in job creation for many years.

Plenty of cheap labor.

Plenty of ignorant competition.

Texas, if you can't make it here, you probably can't make it anywhere.

Wed, 11/07/2012 - 14:17 | 2956643 Ballin D
Ballin D's picture

Willing to move to Afganistan for the right experience haha.  Ive applied for a few leadership/financial development programs that happened to be in texas but Im taking a closer look now.  Thanks for the tip.  It looks to be a bigger hub than I had thought and there are some good opportunities in energy in particular.

Wed, 11/07/2012 - 14:42 | 2957255 Nobody For President
Nobody For President's picture

You have the bs machine going - I know plenty of 20 somethings, mostly college grads, that are way underemployed - but working while they look for something closer to their skill level, and are not finding it. I don't know what crowd you hang with, but the vast majority of young people I know are working, about 1/4 working two crap jobs, while trying to find a better job. None of them is asking the gubermint to help them.

Wed, 11/07/2012 - 11:27 | 2956038 Kreditanstalt
Kreditanstalt's picture

What young person wants a career flipping burgers or greeting Walmart customers anyway...?

Wed, 11/07/2012 - 11:40 | 2956125 Shizzmoney
Shizzmoney's picture

Right.....maybe its the young people demanding for better working conditions, more say and a better understanding of why their pay isn't keeping up with living costs (thanks, Bernanke!), and being fed up with peddling Chinese crap while being suppressed at a corporate gig where management just does not give a fuck about them when it comes to nut cutting time.

"Take your job at Walmart, serf". 

NO person at America, young, old, etc.......should have to settle for this crap.  Dissent is waning and it's not because of desire...we read the internet.  It's there.

Desent is waning because corporations and the political elites spend billion of dolalrs telling the uneducated masses that settling is OK.

That's the one thing I cant stand fro mthe professional left" - they tell you its OK to settle, that the "good jobs are coming". It's all bullshit, just like the GOP and their hatred of women, brown people, and taxes on big corporations (but it's OK to raise *my* taxes, tho).

Wed, 11/07/2012 - 12:10 | 2956321 Louie the Dog
Louie the Dog's picture

Yeah, why flip burgers for a year or two when you know damn well you're qualified to be a CEO if only those old 60 yr.olds would just step down and hand the keys to the executive washroom to you.

Life just isn't fair anymore..

Wed, 11/07/2012 - 11:28 | 2956042 Sudden Debt
Sudden Debt's picture

Why aren't those kids in the army? America is at war with everybody right now and they need fresh meat on a daily basis!

 

Wed, 11/07/2012 - 11:28 | 2956045 e-recep
e-recep's picture

Darn it, Ben is not printing fast enough. 

Wed, 11/07/2012 - 11:28 | 2956048 Dr. Engali
Dr. Engali's picture

I'm ordering my DOW 4000 hat now.

Wed, 11/07/2012 - 11:31 | 2956072 malikai
malikai's picture

Hey maybe it will be at 4000 when you get the hat - next tuesday.

Wed, 11/07/2012 - 11:29 | 2956050 pragmatic hobo
pragmatic hobo's picture

what's up with vix? It's 18 and a change?

Wed, 11/07/2012 - 11:29 | 2956051 Slope of Hope
Slope of Hope's picture

Where do I sign up for some of the Gubment free shit?

Wed, 11/07/2012 - 11:30 | 2956059 LawsofPhysics
LawsofPhysics's picture

you really think a "free market" exists?  Bah ha ha ha ha ha !!!!

Wed, 11/07/2012 - 11:32 | 2956076 Jason T
Jason T's picture

oh, ask my friend in Ohio, she'll tell ya http://www.youtube.com/watch?v=tpAOwJvTOio

Wed, 11/07/2012 - 11:38 | 2956097 hedgeless_horseman
hedgeless_horseman's picture

 

 

Where do I sign up for some of the Gubment free shit?

http://www.benefits.gov/

What type of benefits are you looking for?

 

Wed, 11/07/2012 - 11:41 | 2956124 Captain Benny
Captain Benny's picture

I'd like to benefit from the few billion rounds of ammunition recently bought by the Feds.  Do they include that in option "Other", "Insurance", or "Disaster Relief" ?  Maybe I should check them all...  will they ship to my bug out location?

Wed, 11/07/2012 - 11:44 | 2956159 I Am Not a Copp...
I Am Not a Copper Top's picture

Will be adding to my long lead position this weekend.

Wed, 11/07/2012 - 11:40 | 2956129 Trimmed Hedge
Trimmed Hedge's picture

Where is "All of the above"?

Wed, 11/07/2012 - 11:52 | 2956206 Taffy Lewis
Taffy Lewis's picture

hedgeless_horseman, that's a fake, joke website - correct? YES?

"

What is Benefits.gov?
- The official benefits website of the U.S. government
...
- Learn about FREE MONEY and GRANTS

"

Wed, 11/07/2012 - 12:27 | 2956440 jal
jal's picture

 

 

Where do I sign up for some of the Gubment free shit?

 

You forgot the most important.

 

( you are talking about getting money without having to work)

 

Interest

 

Dividends

 

corporate welfare

 

ponzi (stock market) winnings

Do NOT follow this link or you will be banned from the site!