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Victory: "A Few Good Men" Push The Market To New All Time Highs
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...
Because...
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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Bagholders.
Show me the CHECK!
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!
someday......when the last tree is cut down, you will wish you had a bit of that "valuable paper".
<sarc>
Worthless.
Totally worthless.
A bunch of hot air blowing pieces of worthless paper around.
Acid freaks..
Yall are trippin' boo!! Trippin!!
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.
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
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.
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.
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?
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.
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?
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.
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.
I thought it was processing power to do mindless calculations. So the equivalent to money printing is processing power, no?
Fuck you Bernanke and Co.! And your little Krugman too!
I see a FEMA camp for you in the near future with that kind of temper.
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
I feel free!
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....
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.
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.
So does that mean ur fer r again it?
"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
And...gold is consolidating.
The grabbing hands
grab all they can
Everyone else?, is grabbing their ankles
It's for the common good.
. . . all for themselves, after all
it's a competitive world.
Time to get back out of gold and silver and back into the market... or not...
Everything you have...right now in the after hours...on Netflix. For sure winner...
The last chart will never happen!!
Just...wow.
You meant to say, "Just...buy." /// Redraft and submit.
I'm getting a POMO tattoo tomoroow afternoon. Gonna get mad bitches in the club tomorrow night.
Mo Po Mo.
Mo POMO.
Billions and billions Mo PoMo....
Why would the market go down?
Why not, no insurance is no insurance, plain and simple.
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.
Squirrel is quite tasty, and good for you. And you like it. I'm sure that is what you meant to say.
But cousin Eddie said they were high in cholesterol
cholesterol=enlightenment
redraft and submit.
I have squirrels in the attic. Now I should start breeding them for soup?
Keep your eye on dow 15,000. And the level of hertz which is humanly sustainable by the Fed. I'm thinkin no more than 18,000hz and dow by say middle of next year. Of course treasuries will have tanked by then, and so if the threshold is 16,000, when then all bets are off beyond May.
Next step for Ben....buy the shit out of tech, ie AAPL
Coon fritters...I just spit some coffee out laughing so loud.
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.
Encierro, bitchez!
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 . . . ”
Hehehee....
It's funny...CAUSE IT'S TRUE!!!!!
8>D
Brilliant!
That bonus chart just made me shit my pants.....
Yeah, thanks to 'Bennie and the Feds', no need for a high fiber diet anymore . . .
It must go higher, ever higher . . . TD why drag "the truth" into this, what's that again anyway? I've forgotten.
So the DOW is up 11% in ONE QUARTER? 44% if it continues at this rate annualized? Yeah, this is sustainable...
Wait until we get +200% quarters. IMAGINE THE WEALTH EFFECT!!!!
If muppets don't jump in to that pool, nothing will make them.
Right now there is a pretty hot girl swimming naked, but she isn't really looking at you. When Ben throws a dozen Victoria's Secret models in there all masturbating telling you to join them for some fun, then we'll all jump in. Of course it means we'll pretty much die from exhaustion the next day, but at least it will be fun.
Like everyone in Zimbabwe, we'll be trillionaires. Of course we won't even be able to buy toilet paper.
"Can.... you feeeeeeel.... the Wealth.... Effect?????"
/Elton John
Now we just need to grow into the triple digit P/E valuations of most of the stocks that got us to this record close.
THAT'S GONNA HAPPEN RIGHT???
Sad
You meant to say "happy." Watch your tone. Redraft your comments and submit.
FAGGOTS!!!
Dude, "Faggots" is not the preferred nomenclature. Queers, please
I was just getting used to "Fudge Packers"
I enjoy calling them fart-lickers.
Like I said before (2 failed and one successful short positions ago) - it's like a sprinter on meth. When it slows, it crashes. A certain relatively small correction could snowball quickly. And yes, I despise them and want some satisfaction seeing it go down.
The plunger is taped to the Bernank's palm and he is just hitting it, hitting it.
Well, I'm loaded up again, 2/3 short at 156.50 and the last 3rd at 156.80. See you tomorrow.
Good Luck with that!
That's ballsy.
Easier to btfd
WE'VE GONE TO PLAID!!!
That first chart is fucking beautiful.
The longer we are wrong,the more right we will be!!
Glad the nominal high is out of the way. Look forward to TPTB and talking heads determining what the next metric to pump the market is.
you guys a just brilliant! seriously. love this shit.
Bend Over America, we're driving to Cleveland!
Who would have known that just by printing money we could all be so wealthy! Those bankers are geniuses. We are not worthy. No need to work or gain skills or make or do anything at all for money. All we need know is unlimited free zero calorie chocolate.
Time to bail out.
Look at the positioning at the bottom:
http://finviz.com/futures_charts.ashx?t=ER2&p=w1
Check commodities. Check gold. Check the data. This whole liquidity rally in stocks is confirmed by nothing. It does not feel right. It looks like a bridge to nowhere on the chart. It really reminds me of the end of the Nasdaq in 1999.
No matter what it does from here, I am pretty sure you will be able to get stuff cheaper here pretty soon.
I tried explaining how worthless the stock market is to 90% of the people to my father in law who is in love with Jim Cramer.
I said, "So if a person has ten grand and invests it in a general market tracking ETF, and the market doubles in a couple years, he has $20k, less with taxes if he sells. If he sells the profit, the best he can do with the ten grand is go on a nice vacation for a week. $10k can't even buy a new car. Putting in a nice new bathroom costs almost $20k today. Maybe he keeps the money in the market, maybe buys some dividend paying stocks and reinvests them. Over 20 years the $10k grows to a hundred thousand, inflation at the going rate will eat all of that. Perhaps he gets lucky and hits a stock that jumps 400% in a year. Wow, now he can buy a new BWM with no options. That isn't a life changing event. Say the guy has a $50k a year job and loses it. The gain from his stocks won't even make up a year's worth of lost salary. So the stock market isn't even close to the worth of an above average job."
He replied with, "That is why you have to be smart and watch shows like Mad Money and follow investment advice to get in front of the trends. If you put $10k into a stock that doubles in a month, and then pick another stock that doubles, maybe has a 4/1 stock split and then continues to go up. You'll turn $10k into a few hundred thousand in less than a year."
I replied with, "So how much money have you made? Will my wife get a million dollars when you die?"
I'm wondering when I won't be allowed to come over anymore.
A few good men…. or these guys, the 4 stoic faces to be chiseled out of granite on Mount Flushmore
No one has done more in the history or fiat paper money to flush the value than these four noable men.
S&P 1600 next week!
Woo-hoo! That makes this unemployed bastard feel wealthier.
Invest your unemployment check in the market. Maybe in a month you'll have an extra $200.
YEAH, DON'T BLOW IT ALL IN ONE PLACE!!!!!!
I like boobies
What kind of boobies? Big, small, little more than a handful?
Sarah Randall big?
If you like big boobies you'll thank me.
dun. Year 2018. The most wanted men in the world.
This will probably attract a lot of down arrows, the reality is they want the market up. They have unlimited funds to make it go up. they control the indicators for the economy (employment, inflation etc.). There has been no event that can stop them. The wealth effect is the only channel to derive revenue in a stagnant economy. Listening to anyone reading a chart or looking at fundamentals from the past is just a frustrating experience. There is no comparison, we have never been here before. This can, and will go on for a long time, until that "one thing" makes a difference. I have not seen one person be able to identify what it is.
Japan has been in QEternity for 20 years.........now they sell more adult diapers than infant diapers.......10,000 boomers retiring every day in the USA.......If they turn off the flow the Great Depression will seem like a picnic.
Nobody knows for sure, but I suspect it'll be when supply/demand pressures finally force the price of phyz gold and silver to decouple from the fantasy paper world.
re:
Reality?
We live in a corrupt and degenerate age. Bread and circuses.
Best of luck to you all as you navigate these treacherous waters.
I've heard that more people die on 'descent', then on 'ascent' of mountains.
Ref; Global Central Bank Balance Sheet.
I would like to see a photo of all those mens Boss ,cause those guys are still just servants.
Right Mr Redshield.???
"Gosh, look at those markets, maybe I should buy some stocks?"
Famous last words.
I can't believe the number of stocks that are up over 100% in just the past year; not on earnings or fundamentals or revenue projections - simply speculation.
Old ramped favorites of last year or the year before hammered down.
Low-low-low volume.
The robots are rotating in and out of sectors and names within sectors. They are doing the same with PM's, Oil, Nat. Gas, and other commodities.
The cotton candy spun by the bunch that brought you the last two crashes only cost $8 Trillion this go around (on the surface).
"Stop the World and let me off, I'm tired of going round and round."
Well done! A little bit of Cyprus, a little bit of POMO and a little bit of liquidity harakiri and everything is ok. What to care about? Close all the universities, u just need 3,4,5 or.... CB and the world is going round. Does Harvard know that?
How To Make A Bear's Head Explode - The Dow Jones Industrial Average Adjusted For Producer Price Inflation
http://chartistfriendfrompittsburgh.blogspot.com/2013/03/how-to-make-bears-head-explode-dow.html
These central bankers have no authority except the authority invested in them by politicians on the advice of investment bankers. A revolution will sort that out.
Dow to 3300 by 2018.
Can't fukking wait.
A few dead men.
What HASN'T the O'Bowel Movement lied about?
A few good men?
Look at them carefully, who do they serve?
Themselves, an ideology, the money changers, or some other entity?
The concentration of power is almost complete, eventually we will see only one...
We won't see only one. There is only one but we see three. We call that a Jewish hologram.
Looks like the S&P peaked a couple months ago in bitcoins. Was trading in January at 70x bitcoin.
Now that bitcoin is 77, S&P is at 20x bitcoin. Quit a crash...
Bitcoin took quit a hit today. Could be start of the bitcoin crash which last time was followed by the Gold/Silver run to the peek.
Market volume wasn't at its lowest, but market volume in general is way down.
http://bullandbearmash.com/chart/sp500-daily-time-high-today-48m-america...
Maybe if governments shut the banks in a few more countries, they can make stock indexes go even higher.
when was the last time we had such a great first quarter and the fed did a pomo every day of the month.
when was the last time we had such a great first quarter and the fed spent $85mil every month.
when was the last time we had such a great first quarter and the fed gave europe a trillion dollars.
the problem with history is that the fed never printed for 5 years so how do ANY FUCKING STATS EQUATE TO TODAY....!!!!!
LOL...
Back then, IU beat Syracuse
Syracuse won last night so that surely must mean this time is different!
"Stock prices seem to have reached what looks like a permanently high plateau"