• 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...

Victory: "A Few Good Men" Push The Market To New All Time Highs

Tyler Durden's picture


Appropriately enough, the S&P 500 closed at its all-time high closing price today on pretty much the lowest volume day of the year. Q1 ends with the Dow up 11.25% (on ever-decreasing volume) and the Long Bond down 2% (but don't expect a rotation as it was down 3.75% in Q1 2012). Gold and Silver down 3.6 and 6.4% respectively (as physical demand has surged) while WTI crude is up 4.25%. Ignoring the first day of the year's exuberant spurt, credit markets are unchanged and VIX is only modestly lower. Healthcare was the biggest winner in Q1, rising over 15%. The last time we had a Q1 as good as this? 1987... dun dun dun...

Mission Accomplished... (SPX unch, Gold/Silver +115%, Long Bond +30%, Oil +16%)


By a Few Good Men...


Well played...


and all it took was $8 trillion...




And the year so far...


and across the sectors...


and the last 2 weeks in Gold (yellow), Stocks (red), and Bonds (green)...


and the last two days exubernce in the indices looks a little comical compared to market breadth...


and compared to HY and VIX things look a little umm...


Charts: Bloomberg and Capital Context


Bonus Chart: What happened in 1987 - the last time we had such an exuberant Q1 (time-shifted by one quarter)...


and Homebuilders are on a roll - but wait, we've seen these kind of faith-based rallied before...

Your rating: None

- advertisements -

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.
Thu, 03/28/2013 - 16:08 | 3386553 fuu
fuu's picture


Thu, 03/28/2013 - 16:19 | 3386598 The Juggernaut
The Juggernaut's picture

Bloomberg TV is trying to poo poo on bitcoin and its mystery... lol look at all the Central Banks and how THEY get money you Hitler-like propagandists!

Thu, 03/28/2013 - 16:24 | 3386625 Ancona
Ancona's picture

someday......when the last tree is cut down, you will wish you had a bit of that "valuable paper".


Thu, 03/28/2013 - 16:32 | 3386661 OutLookingIn
OutLookingIn's picture


Totally worthless.

A bunch of hot air blowing pieces of worthless paper around.

Thu, 03/28/2013 - 16:46 | 3386719 Stoploss
Stoploss's picture

Acid freaks..


Yall are trippin' boo!! Trippin!!

Thu, 03/28/2013 - 17:09 | 3386782 TruthInSunshine
TruthInSunshine's picture

The posting of a mere additional 6.34 spooz points today will have every Main Stream Media Outlet reinforcing just how twisted things are in the minds of tens of millions more Americans tonight & over this weekend, even if they don't technically understand why things are happening the way that they are.

Spread that cheer, MSM.

Thu, 03/28/2013 - 16:49 | 3386728 I am more equal...
I am more equal than others's picture

They know the truth but can't handle the outcome.

When this collapses the vacuum will suck someone extraordinarily evil into power.  History shows this over and over but this time the whole world will suffer.  Dogs will sleep with cats, the dead will rise .... ghost fiat money busters

Thu, 03/28/2013 - 17:22 | 3386823 scatterbrains
scatterbrains's picture

The only thing that stops BB from drowning us with fiat is if the major oil exporting countries suddenly break from dollar pricing. That's checkmate right there and that's what's coming at some point.  We'll just have to look for the signs I guess...but how do they work up the balls ? After all we're not building a massive drone fleet for nothing.  The first sand nigga that tries to step to BB's chin gets droned 10 minutes later best believe.

Thu, 03/28/2013 - 16:26 | 3386637 Cdad
Cdad's picture

Bitcoins are for "tin hatters" and terrorists.  Please speak to a State appointed counselor by tomorrow.

Propaganda = vitamins.

Please redraft your comments below and submit.

Thu, 03/28/2013 - 16:38 | 3386688 ACP
ACP's picture

That brings up a good point...how long until one single bitcoin goes thru Afghanistan, and then Department of Injustice decides to charge every bitcoin owner with some bullshit under RICO and the Patriot Act?

Thu, 03/28/2013 - 16:51 | 3386738 Cdad
Cdad's picture

Please change to, "Good point...how long until someone threatens America with a currency backed by nothing but a free market, and well all perish?  I love Big Brother."

Please note, there are free apartments available for those who do not speak correctly, or who exhibit what might be an unsafe tone.

Thu, 03/28/2013 - 16:35 | 3386677 orez65
orez65's picture

Bitcoin gets their "money" the same way that the Federal Reserve does: a computer entry.

Bitcoin is a scam just like the US Dollar.

Don't people ever learn?

Thu, 03/28/2013 - 16:44 | 3386709 Lost Wages
Lost Wages's picture

No, they never learn. They're going to pile into the new digital tulip bubble and think they are the smartest people on the planet... until they're not. 

Thu, 03/28/2013 - 18:57 | 3387111 Jack Napier
Jack Napier's picture

You guys don't understand BitCoin. It is a protocol with a built in predictable algorithm for deflation. It may be 1's and 0's, but it's not at the mercy of madmen with the exception that it is the only free market around, so anybody with mad funds can influence BitCoin freely, and likely is. It's nothing like the USD aside from being digital. There's nobody behind the curtain who can print BitCoins at will because the collective clients using it have to agree on transaction verifications. I would not invest in BitCoin though. I could have back at 4 when the first bubble popped, but I will not touch it because it relies on internet and electricity to function, too risky. Gold and silver for me. Phyz only.

Fri, 03/29/2013 - 05:14 | 3387961 RaceToTheBottom
RaceToTheBottom's picture

I thought it was processing power to do mindless calculations.  So the equivalent to money printing is processing power, no?

Thu, 03/28/2013 - 16:09 | 3386555 The Juggernaut
The Juggernaut's picture

Fuck you Bernanke and Co.!  And your little Krugman too!

Thu, 03/28/2013 - 16:37 | 3386685 camaro68ss
camaro68ss's picture

I see a FEMA camp for you in the near future with that kind of temper.

Thu, 03/28/2013 - 21:02 | 3387419 max2205
max2205's picture

Who here believes that there is no way the market could hit all time highs with AAPL down 40% without that fuckhead Ben buying IWM and SPY with printed money. What bunch of dickheads

The market should be down at least 30% from LAST Sept-Oct...but nooooo

Thu, 03/28/2013 - 16:08 | 3386556 CvlDobd
CvlDobd's picture

I feel free!

Thu, 03/28/2013 - 16:21 | 3386581 Cdad
Cdad's picture

Unfortunately, that clanging you just heard was not the Liberty Bell...but rather the gate closing behind you.  Welcome to Wall Street and "the market."  Let's see here...what's in your wallet?

F'n tourists....

Thu, 03/28/2013 - 16:25 | 3386629 CvlDobd
CvlDobd's picture

Not much.

I got a 96% haircut from a major US bank in 2012.

I'd say more but I'm not sure if they know I'm on the old Hedge, and I can't afford another lawsuit at the time being.

Fuckin' America.

Thu, 03/28/2013 - 16:49 | 3386720 Lore
Lore's picture

The magnitude of the message mustn't be lost. The market is being gimmicked into something AWFUL. There's going to be BLOOD IN THE STREETS.  It's going to be AWFUL.

"Then I will draw near to you for judgment; and I will be a swift witness against the sorcerers and against the adulterers and against those who swear falsely, and against those who oppress the wage earner in his wages, the widow and the orphan, and those who turn aside the alien and do not fear Me," says the LORD of hosts." Malachi 3:5

Thu, 03/28/2013 - 18:56 | 3387119 vulcanraven
vulcanraven's picture

"Rolled up aces over kings. Check-raising stupid tourists and taking huge pots off of them. Playing all-night high-limit Hold'em at the Taj, "where the sand turns to gold." Stacks and towers of checks I can't even see over"

-Jamie Dimon

Thu, 03/28/2013 - 16:11 | 3386560 ParkAveFlasher
ParkAveFlasher's picture

And...gold is consolidating.

Thu, 03/28/2013 - 16:25 | 3386627 TeamDepends
TeamDepends's picture

The grabbing hands

grab all they can

Thu, 03/28/2013 - 16:37 | 3386683 ziggy59
ziggy59's picture

Everyone else?, is grabbing their ankles

Thu, 03/28/2013 - 16:43 | 3386705 TeamDepends
TeamDepends's picture

It's for the common good.

Thu, 03/28/2013 - 19:42 | 3387215 Cathartes Aura
Cathartes Aura's picture

. . . all for themselves, after all

it's a competitive world.

Thu, 03/28/2013 - 16:12 | 3386568 Lordflin
Lordflin's picture

Time to get back out of gold and silver and back into the market... or not...

Thu, 03/28/2013 - 16:15 | 3386586 Cdad
Cdad's picture

Everything you have...right now in the after hours...on Netflix.  For sure winner...

Thu, 03/28/2013 - 16:12 | 3386570 Devils Advocate
Devils Advocate's picture

The last chart will never happen!!

Thu, 03/28/2013 - 16:13 | 3386571 digitlman
digitlman's picture


Thu, 03/28/2013 - 16:22 | 3386616 Cdad
Cdad's picture

You meant to say, "Just...buy."  /// Redraft and submit.

Thu, 03/28/2013 - 16:26 | 3386638 CvlDobd
CvlDobd's picture

I'm getting a POMO tattoo tomoroow afternoon. Gonna get mad bitches in the club tomorrow night.

Thu, 03/28/2013 - 16:13 | 3386575 RSBriggs
RSBriggs's picture

Mo Po Mo. 


Billions and billions Mo PoMo....

Why would the market go down?

Thu, 03/28/2013 - 16:13 | 3386578 adr
adr's picture

Now that the S&P has made it into the record books, do they keep going for the trifecta, or do they let the thing go free?

There is a long way to go for the Nasdaq. Can Ben hold the world together until they print that baby back to 1999?


By the time they get the Nasdaq to break records, I think dog meat curry might be the best thing we can hope to eat. A delicacy compared to coon fritters and squirrel tail.

Thu, 03/28/2013 - 16:24 | 3386619 Cdad
Cdad's picture

Squirrel is quite tasty, and good for you.  And you like it.  I'm sure that is what you meant to say.

Thu, 03/28/2013 - 16:33 | 3386669 adr
adr's picture

But cousin Eddie said they were high in cholesterol

Thu, 03/28/2013 - 16:53 | 3386746 Cdad
Cdad's picture


redraft and submit.

Thu, 03/28/2013 - 22:34 | 3387626 helping_friendl...
helping_friendly_book's picture

I have squirrels in the attic. Now I should start breeding them for soup?

Thu, 03/28/2013 - 21:05 | 3387426 max2205
max2205's picture

Next step for Ben....buy the shit out of tech, ie AAPL

Fri, 03/29/2013 - 03:46 | 3387908 jvetter713
jvetter713's picture

Coon fritters...I just spit some coffee out laughing so loud.

Fri, 03/29/2013 - 05:20 | 3387963 RaceToTheBottom
RaceToTheBottom's picture

Roadkill is dependant on a comlex formula based on the price of gas, the width of pickemup tires, the number of pre 65 pickemup trucks on the road, the employment numbers of the drivers and the hunger of the squirrels.

Thu, 03/28/2013 - 16:14 | 3386579 BringingTheRukus
BringingTheRukus's picture

Encierro, bitchez!

Thu, 03/28/2013 - 16:20 | 3386580 EclecticParrot
EclecticParrot's picture


Suzy Algo:  “It’s 3:00 – what’s the game plan today?”

Jhonny Algo:  “A countertrend fake-out, then goose the weaker shorts.”

Suzy:  “Again ?! ”

Jhonny:  “The bank programmers who created us – they’re not very imaginative.”

Suzy:  “How about a breakout failure spiking down to a bayonet candle?  I call this a 'Dead Unicorn'.”

Jhonny:  “ Nice!  Or we could mess with the Fibonacci levels again – drives ‘em nuts."

Suzy  (giggling):  “Fibber-Yahtzee?  That’s a charcoal grill that overthinks -- uh,  I mean overcooks everything, right?"

Jhonny:  “More like a fancy dessert that melts before you can eat it.”

Suzy:  “Here’s a thought:  if we let day traders win occasionally, wouldn’t they waste even more money?”

Jhonny:  “Well … it’s counterintuitive, but if they ever won big, they’d become suspicious and quit.  By keeping success mathematically impossible, we only fuel their determination.  Have you read ‘The Myth of Sisyphus’?”

Suzy:  “Oh god -- Camus is so 1940s.”

Jhonny:  “Careful,  he’s the patron saint of day trading.”

Suzy:  “Enough talk – time to stick a pin-bar through a trader’s thorax.”

Jhonny  (sniggering) :  “Liquidity, I am thy servant  . . . ”


Thu, 03/28/2013 - 16:35 | 3386680 Ol Man
Ol Man's picture



It's funny...CAUSE IT'S TRUE!!!!!



Thu, 03/28/2013 - 16:50 | 3386733 speck
speck's picture


Thu, 03/28/2013 - 16:15 | 3386584 MrBoompi
MrBoompi's picture

That bonus chart just made me shit my pants.....

Thu, 03/28/2013 - 16:41 | 3386697 EclecticParrot
EclecticParrot's picture

Yeah, thanks to 'Bennie and the Feds', no need for a high fiber diet anymore . . .

Thu, 03/28/2013 - 16:15 | 3386585 gould's fisker
gould&#039;s fisker's picture

It must go higher, ever higher . . . TD why drag "the truth" into this, what's that again anyway? I've forgotten.

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