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Market Response To Jobs Report: USD (And AAPL) Offered; Bonds, Stocks, Gold Bid

Tyler Durden's picture




 

Equities have only one direction (so far) since the payrolls report - leaking higher in general up around 3 points. On the other hand, Treasuries are also bid (though considerably more volatile - having chopped in a 4-5bps range since NFP). USD weakness and precious metal strength are a little more clear-cut and AAPL is fading.

Bonds...

 

USD...

 

Gold...

 

S&P 500...

 

AAPL...

 

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Fri, 01/04/2013 - 10:15 | 3121708 Boilermaker
Boilermaker's picture

Market?

Fri, 01/04/2013 - 10:17 | 3121710 CPL
CPL's picture

Amusement park actually.

Fri, 01/04/2013 - 10:21 | 3121730 IvyMike
IvyMike's picture

"Tuh Fwee Market" speaks truthfully only when I agree with it; otherwise, it is being manipulated.

Fri, 01/04/2013 - 10:33 | 3121767 IvyMike
IvyMike's picture

"Taxes are the price we pay for a civilized [City-Statist] society." ~Oliver Wendell Holmes

Civilization = City-Statism

The word civilization comes from the Latin civilis, meaning civil, related to the Latin civis, meaning citizen, and civitas, meaning city or city-state. ~wikipedia.org/wiki/Civilization

Everybody knows it except LoLbertarian idiots who rage against the State while they're in love with City-Statism (civilization.) It's as asinine as protesting against jet engines but loving jet airplanes.

Fri, 01/04/2013 - 11:12 | 3121962 GMadScientist
GMadScientist's picture

I know plenty of classical liberals that know plenty about social contract and have read Locke, Hume, etc

Your "civilis" is currently monitoring your communications (what our founding fathers would have referred to as 'papers', in certain weakened amendments to their constitution), engaging in torture and kidnapping, extra-legal assassination (as if implying there is an axiomatic right for the state to take life!), and violating rights to due process daily.

Claiming that these abusers are the saviors with a plan to restore the economy is somehow less asinine?!

 

 

Fri, 01/04/2013 - 11:37 | 3122055 IvyMike
IvyMike's picture

Claiming that these abusers are the saviors

Cool straw man there, bro. Only you and your fellow Leftist and Rightist City-Statism (Civilization) adherents are claiming that.

And yeah, the LoLbertarian City-Statists are as evil as any mainstream brute they compete against for human flesh to control.

"He'd like more than anything else to boss me around, and then WHIP me every time I displeased him....Slave-master Rafe would never shell out the cold cash if, after he paid, I could haul him into court on assault and battery charges when he WHIPPED me."

~Walter Block, LoLbertarian Economist
Voluntary Slave Contracts
lewrockwell.com/block/block134.html

Fri, 01/04/2013 - 11:34 | 3122054 WillyGroper
WillyGroper's picture

Whoa Poison Ivy Mike. Perhaps you'd like your mother/wife/girlfriend/daughter treated this way??? Watch the video. Price you pay huh?

http://www.dailymail.co.uk/news/article-2250218/Angel-Ashley-Dobbs-suing...

Fri, 01/04/2013 - 10:29 | 3121769 GetZeeGold
GetZeeGold's picture

 

 

Goona have to sell the AAPL to pay the taxes.

Fri, 01/04/2013 - 10:45 | 3121828 fuu
fuu's picture

Grats on your 11 days!

Fri, 01/04/2013 - 10:52 | 3121859 Acet
Acet's picture

Nowadays, it's pretty much just an authomatised muppet slaughterhouse run by the bankstas.

Fri, 01/04/2013 - 11:00 | 3121903 Go Tribe
Go Tribe's picture

Anyone dumb enough to sell gold or silver here is dumb enough to think the Fed actually debated QE.

Fri, 01/04/2013 - 10:17 | 3121713 chubbar
chubbar's picture

You know all those rounds of ammo being purchased by DHS, et al? Well, perhaps there is more to this story than meets the eye. Looks like some shady goings on here! Looks like the award went to a "shell" corporation set up 5 days before the solicitation of bids.

http://www.activistpost.com/2013/01/did-dhs-just-award-ammunition-contract.html

".........The address provided to DHS and the Secretary of State is 105 S Eastern Avenue. Let’s use the NSA’s golden child, Google, to take a look what’s there:

What you see is the street corner of East Fremont Street and the intersection of North Eastern Avenue and South Eastern Avenue. On the opposite side of the street is an ARCO gas station.

Does anyone see a business capable of providing 200,000 rounds of jacketed hollow point rounds to the Federal Government? There’s not even a MailBoxes Etc to accept mail! 105 S Eastern Avenue looks like the parking lot for a bodega.

The listed principals, Grace Hodge and Larayne Whitehead, are director and president respectively. Nowhere can they be found attached to Evian Group, Inc, which is unusual, as the whole purpose of running a business is to create a steady stream of revenue. They cannot be found on LinkedIn, where people network to get more business, or even in Google as a website. Eviangroup.com is parked by GoDaddy.com for a future site, and Bravenet is hosting Eviangroup.net.

Furthermore, no property or telephone records exist for the principals. The people do not seem to exist.

In reviewing the DUNS (Dun and Bradstreet) record, when the telephone number was called, it was not a business line, but a rather unusual phrase was used, “…[P]lease download line 2”.

So the question of the moment is this: Is this a payoff to a mobster or someone of less-than-honest intent? Or is this graft for Harry Reid, the incumbent Senator for Nevada?

 

 

Fri, 01/04/2013 - 10:21 | 3121735 Sudden Debt
Sudden Debt's picture

OH MY GOD!!!!!!!!!! THEY'RE NOT ON LINKEDIN!?!?!

what company is that?

 

ps: Evian, like in the Evian water bottles?

Fri, 01/04/2013 - 10:41 | 3121763 SheepDog-One
SheepDog-One's picture

Or spelled backwards 'naive'.

Fri, 01/04/2013 - 10:29 | 3121766 Schmuck Raker
Schmuck Raker's picture

Hey, if you're not on LinkedIn you're a spook. I know I am.

Fri, 01/04/2013 - 10:36 | 3121782 Dr. Engali
Dr. Engali's picture

You're a spook or you're on LinkedIn?  Or are you a spook on LinkedIn? Which is it?

Fri, 01/04/2013 - 11:25 | 3122015 Schmuck Raker
Schmuck Raker's picture

"I'd tell you, but then..."

Fri, 01/04/2013 - 10:34 | 3121779 Aurora Ex Machina
Aurora Ex Machina's picture

Yes, Evian, like in "PSYOP for the Naive to create fear".

 

 

[edit: damn, beaten to it, spent too long linking]

Fri, 01/04/2013 - 10:18 | 3121715 Neethgie
Neethgie's picture

Gold is flying off its lows, somebody get bruno vixkill in here

Fri, 01/04/2013 - 10:18 | 3121716 Sudden Debt
Sudden Debt's picture

something strange is happening on this planet...

something we can't really understand...

 

unless it's a world economy going down the shitters, but let's assume it's not that.

Fri, 01/04/2013 - 10:33 | 3121777 Quinvarius
Quinvarius's picture

We all died on 12 21 2012.  We are just ghosts walking around and we don't know it.  We may never know it. It is like a Stephen King Trilogy where he only writes 2 books of it and then quits.

Fri, 01/04/2013 - 10:18 | 3121718 empreinte
empreinte's picture

Market response : random

Fri, 01/04/2013 - 10:21 | 3121724 lolmao500
lolmao500's picture

Well when you consider that the number of employed people went from 143,549,000 to 143,060,000 or a real loss of 489 000 jobs and the number of new people coming in the work force is at 176 000, which is really a total of -665 000 people employed for December, it's pretty good.

Fri, 01/04/2013 - 10:22 | 3121739 Sudden Debt
Sudden Debt's picture

you're not supposed to apply math on government data...

I even think it's against the LAW!

Fri, 01/04/2013 - 10:24 | 3121748 SheepDog-One
SheepDog-One's picture

HEY as long as the algobots saw the fake number headline, we're OK!

Fri, 01/04/2013 - 10:21 | 3121726 tooriskytoinvest
tooriskytoinvest's picture

Former CEO Wells Fargo: "Country Going To Hell....Nothing Gets Done"

http://investmentwatchblog.com/former-ceo-wells-fargo-country-going-to-h...

Fri, 01/04/2013 - 10:25 | 3121755 Dr. Engali
Dr. Engali's picture

He is just now figuring that out? I'm surprised he got out of his ivory tower long enough to come to that conclusion.

Fri, 01/04/2013 - 10:39 | 3121797 hapless
hapless's picture

Nah, he figured that out long ago.  But since he is now a former Wells Fargo CEO, his muzzle has been removed. 

Fri, 01/04/2013 - 10:27 | 3121729 monopoly
monopoly's picture

All I do is add on every dump. Lets see who really has the last laugh. What a farce our markets have become. And Santelli really let the robots have it this morning. Love honesty and truth.

Oh, that is why I am here. 

 

Fri, 01/04/2013 - 10:21 | 3121732 Stormtower
Stormtower's picture

Anyone catch Santelli's rant today? He exploded on some bitch after quoting a European economist that called conservative Repub's "Lunatics"...........then went on to ask if some other ass on the show ran his own budget like the FED. Priceless. 

Fri, 01/04/2013 - 10:46 | 3121830 IridiumRebel
Fri, 01/04/2013 - 10:21 | 3121734 SheepDog-One
SheepDog-One's picture

Market response- 'HEY WHERE'S ALL DA FREE MONEY AT??'

Fri, 01/04/2013 - 10:25 | 3121754 Sudden Debt
Sudden Debt's picture

here's your free phone...

Now shut up and let's never talk about this again.

PS: VOTE FOR OBAMA! OBAMA NEEDS A 3RD TERM TO FIX THE ECONOMY FOR REAL THIS TIME!! FUCK YEAH!

Fri, 01/04/2013 - 10:34 | 3121780 Karlus
Karlus's picture

New slogan:

FORWARD... MORE

 

Fri, 01/04/2013 - 10:42 | 3121813 IridiumRebel
IridiumRebel's picture

FOARWARD MOAR!!!!!!!!!!!!

Fri, 01/04/2013 - 10:52 | 3121858 Navymugsy
Navymugsy's picture

Forward FOREVER!

Fri, 01/04/2013 - 11:09 | 3121950 BLOTTO
BLOTTO's picture

How about,

.

For War (d)

Fri, 01/04/2013 - 10:23 | 3121741 Dr. Engali
Dr. Engali's picture

Apple is so 2012 Samsung is the new 2013.

Fri, 01/04/2013 - 10:26 | 3121759 Sudden Debt
Sudden Debt's picture

Do they also come in apple white?

Fri, 01/04/2013 - 10:24 | 3121747 realtick
realtick's picture

Business Insider Has A Charlie Sheen Level Meltdown http://chartistfriendfrompittsburgh.blogspot.com/2013/01/business-inside...

Fri, 01/04/2013 - 10:25 | 3121749 Iam Yue2
Iam Yue2's picture


Yesterday's treasury sell-off clearly represented a significant overreaction.

Fri, 01/04/2013 - 10:27 | 3121762 caimen garou
caimen garou's picture

this is not a market this one big pile of steaming shit hittting the fan! people are not only letting these so called market makers shit on thier noses but are opening their mouths! so happy I'm out!

Fri, 01/04/2013 - 10:58 | 3121879 SmoothCoolSmoke
SmoothCoolSmoke's picture

Sir, explain to me how the avg 401K Joe, and the mindless BTFDers are, or have been, shit on by the market in the past 3 years.  To them, it is quite the opposite.

 

Fri, 01/04/2013 - 10:36 | 3121784 devo
devo's picture

Are they govt and fast food jobs like usual?

Fri, 01/04/2013 - 10:38 | 3121793 buzzsaw99
buzzsaw99's picture

and precious metal strength are a little more clear-cut

 

interesting wording. strength as compared with a 98 lb weakling?

Fri, 01/04/2013 - 10:41 | 3121812 orangegeek
orangegeek's picture

AAPL = computer hardware.

 

Go ask Dell what it's like to tie your business up in computer hardware.

Fri, 01/04/2013 - 10:50 | 3121849 bullmkt
bullmkt's picture

wheres the selloff,ZH? I thought that mkt was "bidless" as you wrote.Eat that.

 

Fri, 01/04/2013 - 10:51 | 3121855 ebworthen
ebworthen's picture

Damn, missed the dip in gold at 6:00 a.m.

I was hoping things might start to make sense after the apocalypse date but it looks like we have gone the other way.

Fri, 01/04/2013 - 10:52 | 3121860 SmoothCoolSmoke
SmoothCoolSmoke's picture

Until Kicking the Can tanks the markets (which it has never succeeded in doing)....nothng will get fixed.

Fri, 01/04/2013 - 10:55 | 3121885 Hohum
Hohum's picture

Perhaps the markets want the can kicked.

Fri, 01/04/2013 - 10:58 | 3121868 Fiat agnostic
Fiat agnostic's picture

It will be pure theatre and drama until the Deficit limit is(n't) resolved. JPM et al will use this to rinse out a few shorts whilst acquiring physical metal ready for the inevitable moment when QE has to be ramped up to such a degree that currencies go into a tailspin taking banks and the shadow banking system with them... When is the question - not if.

Fri, 01/04/2013 - 11:02 | 3121889 sbenard
sbenard's picture

So glad to know that higher unemployment is good for stocks. Fire everybody so we can have permanent prosperity! After all, who needs an economy? We have PRINTED prosperity now!

Fri, 01/04/2013 - 11:15 | 3121978 GMadScientist
GMadScientist's picture

It's a perverse relationship in bizarro-market...UE -> QE -> Nominal Free-Ride.

Like watching the universe torn apart in a "big rip" in slow-motion...

Fri, 01/04/2013 - 11:41 | 3122094 GFORCE
GFORCE's picture

Seems every media outlet is positioning for a gold bottom today... 

Fri, 01/04/2013 - 13:16 | 3122551 AlphaHunter001
AlphaHunter001's picture

 

the numbers today weren't great, but certainly were not bad. in either case, the need for this stimulus is near an end, the reason why gold is selling off... either the Fed starts removing QE in 2013 or 2014, the gold party is near an end as the economy begins it's recovery phase...

what you will see is a huge rush of funds out of bonds and into equities... bonds is the last place you want to be when rates start going up!

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