This page has been archived and commenting is disabled.
But It's Tuesday!!
Whether it is algos looking for a better entry point for the inevitable green close, a market reacting to Saks disappointment, or a realization (ahead of Bernanke tomorrow) that the hawkish jawboning recently is an attempt at a soft-landing is unclear. One thing is becoming clear: the Dow Jones track record of being up 19 out of 19 consecutive weekly Tuesdays is suddenly in jeopardy...
Stocks are not happy...
and bonds are selling off too (suggesting the hawkishness)...
and the USD strengthening...
Charts: Bloomberg
»
- 11275 reads
- Printer-friendly version
- Send to friend
- advertisements -
Here, stand on this "safe rug" for a second...
The yield on the ten will not be allowed to go (that much) above 2.0% for the foreseeable future... < shocker >
buy the dip before the rip
can you believe the dow as i type this is down almost 2 full pts..........btfd...
Fed is switching to Wednesdays
lol!
DavidC
Saks disappointment? http://www.marketwatch.com/investing/Stock/SKS
Taper means interest up = stock and economy crash. No taper = inflation, loss of reserve and economy crash. History bets on inflation. Export some dollars to goodluckistan.... Bullish on bullets.
It is humorously up about 8.5% today on a slight beat.
THIS IS TO EASY
Bullard is not bullish. Market will get over it though.
Wow what a crash!! Happy day ZH!! ROFL!!!!!!!!
Hold on! I'm coming: http://www.youtube.com/watch?v=P9iiO-EVb-A ;-)
They just moved POMO to 3 instead of 10.
+1 Have not heard that song in forever. Good stuff mate.
When even CNBC is broadcasting to the world that Tuesday's always go up, you know the trend has irremediably been broken.
+1 for a well executed vocab word of the day
That channel has been put under parental controls in our household the access code is unknown.
This is terrible, congreff must act immediately!
Wait a second. I thought you retired Rep. Frank.
With National Pickle Month right around the corner? Not hardly. ;)
Barney is biting someone's pillow right now....
Ye of little faith!
I'm all 'OMG' and whatnot!
"Outright Monetary Fraud Granted"? ;-)
$3.5 billion in POMO today, seriously doubt we close below 1660. Fed day tomorrow may be a 2%+ up day on a "surprise" unch. or increase in easing.
Plenty of time left to get it up. The S&P, that is.
In your own word, Tyler: Unpossible.
After all, when everyone knows the market rises on Tuesdays, the "market" MUST rise on Tuesday...right? "Efficient market" anyone? How about a forward looking indicator? 21 index "new all time highs" this year...must also turn into 22, right? Isn't that how the new normal "market" works? Charity for all useless, lazy, crooked prefered broker dealer banks?
This Tuesday thing...this string...is probably the best argument out there for a pure, clean, unambiguous market collapse. And wouldn't it be sweet...if it actually happened during the regular session? I mean...talk about justice!
It is a long way till the close. Kevin and the crew are downing some munchkins and a box of joe. Pumping will begin following the afternoon bathroom break.
Enough about bwanny fwank already! Let's get back to the mawkets.
one does wonder how many antibiotics the man has been on or is currently taking
Man I'd just love to see ONCE the markets close down about -5% in the face of these pompous assclown uberBulls all over CNBS and LooserBerg
Yep...and even as that occurred, their mindless clarion call would not change...[please]BUY BUY BUY[my equity positions]!
Buying opportunity
Stocks are cheap
Where else ya gonna put your money?
Buy on the dip mentality
Buy the dip. . . or else!
Thing is, market will not collapse today. This is al intraday games in the prime algo period of the day. Look at L2 and L3--it is all algo wars right now.
Whatever it is, which will not collapse today - it is not a "market". I've been watching this for quite a time, and I'm not sure what I am watching. But it certainly isn't a "market". It's not even real.
Quick...BTFD!
Thanks to the "invisible" hand of the market. Uncle Benny's, that is.
For some reason I pictured chaps at the SEC stitting on their left hand, getting it number, and jerking it while watching porn. You know, the stranger?
BTFD! S&P assclowns ready to kick the afternoon sesh to the moon.
Who cares anyway!
Do not BTFD until after Bullard shock is overcome. Still some 40 minutes away. That is, if you are a human. If you are a computer, BTFD anytime you want, so long as you sell a second or two later.
Oh wow man. 0.6% fluctuation. Somebody get me the smelling salts.
It's going to be one of those up, up and away afternoons before close. Probably.
Could be, but I'm not big enough of a sucker to put any money on it.
I'd prefer bath salts-but that may be because I' m hanging out with John McAfee.
Absolutely. After all 19 Tuesdays needs to be on its way to 20 Tuesdays, and after that, 21...and so on...just like it always should with markets. I mean, who would sell into the strength of that beyond bizarre anomaly?
Remember way back when in the olden days of 2010 when 'the market rule' was 'if dollar down, then stocks up' and vice/versa?
Good times!
The New Normal "Market" requires complete random movement, a breakdown of all correlations, banker price predictions that are built on such wisdom as "my sense is things can go higher", and Tuesdays.
Party on, all pachinko players.
I think it's time we stop, children, what's that sound
Everybody look what's going down.
http://www.youtube.com/watch?v=bjSpO2B6G4s
Unless, of course, all those on the "early release" list at the Fed have gotten their copies of the minutes.
PANIC IN QE NEEDLE PARK!
Will be interesting to see how they spin the Moody's downgrade as bullish..... No doubt that they will, but it will still be interesting.... 2.5% 10 year here we come....
markets will end green 100 percent.
as i type this now, its already turning green. im shocked i must say
A little fear in the markets possibly from Bernanke speaking tmrw. I bet the Dow close up like 100 points today just to confuse everyone. This market never makes sense.
Kevin went out for coffee. He's back now. Dow up 12.
system reset! danger will robinson! we are truely lost in space. and by the way, bernake is a toilet snake eater!
Oops! http://www.google.com/finance?chdnp=1&chdd=1&chds=1&chdv=1&chvs=logarithmic&chdeh=1&chfdeh=0&chdet=1369166400000&chddm=1173&chls=IntervalBasedLine&cmpto=NYSEARCA:SPY&cmptdms=0&q=NYSEARCA:USO&&fct=big&ei=apCbUcDJJrGr0AHq1AE
Whether up or down, realizing that the markets are ALL simply scam policy tools designed to distribute money as those who create the money desire in support of their plan and goals ... makes it all both comforting and laughable.
The clowns in charge have big red noses and floppy feet, for sure.
Don't worry. Back in black now...
http://nipponmarketblog.wordpress.com/
What happened to the big DAX futures UP move in AH late Friday? Where's the big pop on the DAX? Frankfurt was closed yesterday and is down today. The top is in. About time the May sellers take profit.
Half hour before you wrote this the Dax made a new high... Oops!
Not.
Ahhh, there it is, the irrational jump higher, expect up 75 today...
If you rigged a roulette wheel, wouldn't you just make it come up red when most of the money was on black, and vise-versa?
And I think their fiat pockets are longer than ours ...