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...

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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!

Ancona's picture

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


OutLookingIn's picture


Totally worthless.

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

Stoploss's picture

Acid freaks..


Yall are trippin' boo!! Trippin!!

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.

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

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.

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.

ACP's picture

That brings up a good 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?

Cdad's picture

Please change to, "Good 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.

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?

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. 

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.

RaceToTheBottom's picture

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

The Juggernaut's picture

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

camaro68ss's picture

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

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

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....

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.

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

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

ParkAveFlasher's picture is consolidating.

TeamDepends's picture

The grabbing hands

grab all they can

ziggy59's picture

Everyone else?, is grabbing their ankles

TeamDepends's picture

It's for the common good.

Cathartes Aura's picture

. . . all for themselves, after all

it's a competitive world.

Lordflin's picture

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

Cdad's picture

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

Devils Advocate's picture

The last chart will never happen!!

Cdad's picture

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

CvlDobd's picture

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

RSBriggs's picture

Mo Po Mo. 


Billions and billions Mo PoMo....

Why would the market go down?

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.

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.

adr's picture

But cousin Eddie said they were high in cholesterol

Cdad's picture


redraft and submit.

helping_friendly_book's picture

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

max2205's picture

Next step for the shit out of tech, ie AAPL

jvetter713's picture

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

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.

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  . . . ”


Ol Man's picture



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



MrBoompi's picture

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

EclecticParrot's picture

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

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.