Slammed
At 13:19:58, in a brief 1 second interval, it appears someone (or thing) decided it was time to slam $138mm notional to work with no consequence for market impact or cost basis. 15,700 S&P 500 e-mini contracts surged through in that second, running all the stops above the highs of the day to test up to the highs from Monday (pre-election). Meanwhile, FX and Treasury markets are not at all enthused... but whetever it takes to get the Dow to all-time highs...
NMS Stock trades priced below $240 color coded by exchange via Nanex.
ES depth (or complete lack thereof) chart also via Nanex.
S&P 500 futures (volume came on stop-run above yesterday's highs)...
Bonds don't care...
FX doesn't care...
Charts: Bloomberg
(6 votes)
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Kevin Henry'd.
When fiat's for nothing (free), the sky's the limit on CRM or PCLN.
Even the Great Santelli seems to have been given his BlowHorn [CNBC] marching orders to prepare the golf clap...consequences be damned. Just need the "venerable" Art Cashin' to say "buy e'm" to complete the 6 sigma move to never before seen low credibility levels on Wall Street.
The time to finally....finally sell CMCSA is very close.
The machines have become self aware. Were fucked.
Kevin is the new Adam Smith
"The Wealth of Yellens"
No sacrifice the natives make to the alter of PONZI is in vain. New highs will bring the rains, provide bountiful harvests, bring victory on the battlefield, and allow us to build more monuments in his glory.
Ben is a Holy Man. He maketh the good medicine. PONZI is pleased.
Have faith, followers. PONZI rewards only the true believers. If stuff is what you require, stuff is what you shall receive.
In his name we pray.
I wonder if this was done so visibly to clearly show that this is now support, this 1522 is the new floor that will be defended...have no fear???
Otherwise, "somebody" just top ticked a whole lotta SPY?
I think that's a good idea to start calling them "things" and not "people"
I don't know seems like... like they're becoming aware.
Yeah, here it is in another form --->
Nice to know that the 'noble gases' are absolved from any wrongdoing...
LOL
I also don't care.
If you are one of the majority outside of the criminal syndicate known as Wall Street, you don't care. Americans have not cared about the market for years...which is exactly why it is the centerpiece Ben Bernanke's giant policy tool.
But watch the other "tools" on The BlowHorn [CNBC] today. Shortly, they will all show you just how much regard they have for you...and the currency you use to buy food and gasoline...which they are destroying so that they can all golf clap at some point today.
Surreal.
poor working folks need to realize that the price of these bankster cock suckers pushing their stock holdings higher comes directly straight out of their poor broke ass pockets.
Agree
The CNBC "countdown to the top of the markets" is nausea inspiring.
The hysteria, the belief that it means something, the complete lack of understanding of how tragic it is...surreal indeed.
It was Dimon. He's fuckin rich, dontcha know?
Because, who needs liquidity when you are the liquidity.
all time highs = best times to short.
This will be an all time high, followed by more all time highs. As $85B a month is coming into the markets, it has to go SOMEWHERE. This bitch will bite your balls off if you short it.
The invisible sign still hangs over the entrance of every major exchange
NO SHORTING ALLOWED...EVER!!!
BY ORDER OF JAMIE AND LLOYD
I hear what you say....however, somewhere in this world (perhaps China and Germany?) who will push back. We won't hear about it, but don't think the Fed cartel can do whatever it wants.
Just think how long it took China to amass its US treasury hoard, and the price it paid. It took the Fed nothing to become "wealthier" by making an entry in a computer system....
"all time highs = best times to short."
You may be right. They usually short the market right after everyone is all in.
Bonds don't give a shit........
O/T: Went over to see what thh fuckheads at HuffPo were saying to all of this, you cannot even log in to comment. Fuck that site. I'll waste more time here.
Once again, my short SPY/long PM portfolio is fucked, I mean, Kevin Henry'ed. This 20something Cgrade intern from Rutgers is now a temp master of the universe.
Sorry to hear that and thanks for being candid.
Never begin to short until the spinal cord snaps.
The sound is quite distinctive. You have to hang 'em high.
Indeed. Nothing quite as "resonant" as a hemp cravat.
We're all in the afterlife now as we died on Wednesday.
i love the philosophical side of the monkey.
@slaughterer
Boy Genious twentysomething, punk'd out bitch at thirtysomething.
slaughterer come on you know you are long spy and short pm's. It's cool. That is probably the way to go. Just make sure you get out of the way in time.
Fuck no, I am uncool, contrarian, ZHindoctrinated. (LOng PM, short SPY) (Sorry to all the kids on ZH, but you got to be able to swallow ZH with a little bit of Xrated swearing from the ZHbots.).
I would not sweat it. The bernak and obummer said the sequester will hurt, and so it shall.
the only winning move is not to play
Hmmm, and I thought the only winning move was to be delusional in understanding Obamanomics and Uncle Ben's policy.
We are living in a yellow submarine, yellow submarine...............
"Quick, someone push a trading button..."
Unless you're the FED or the Banksters and it's your (marked) deck.
I care, I short this piece of shit and as usual am getting killed by fed cash.
By the time the FED is finished everybody will be broke.
But we will all be millionaires....just like Zimbabwe
Quadrillionaires. Ironic, no?
An exact repeat of the Weimar Mark. When they tell you the Mark was made worthless, they never tell you that the Gold Mark became worth a foture by comparison.
Amazing. Think of the virtual kinetic energy that is being stored in this rubberband of a market rally.
The market got bernanket again....
grace of the trillions fabricated out of thin air by the FED
If it's not your money that you gamble with (but keep the profits and not experience any losses) you don't give a $h1t about price
to infinity....and beyond!
Someone with advance knowledge of a deal done on the sequester?
Haven't you heard? Tomorrow the prez will meet with the congressional leaders around the big meeting table, smile for the cameras and pledge they are working really hard to fix the sequester/budget mess.
Isn't that the same thing as fixing the problem?
"Top people" working on it, just as soon as they find the Ark of the Covenant.