Shorting Stocks On These POMO Days In June 'Will' Be Hazardous To Your Health

Tyler Durden's picture

Having shifted our communication stance from 'may' to 'will' last month, the Fed's upcoming POMO schedule offers some insights into the days when shorting (apart from the obvious Tuesdays) will be dangerous (though the BoJ now stuck may require a communication change back to 'may'). We do note that the Fed POMO'd $44 billion out outright Treasury purchases in May (as expected) and plans to do the same in June with $45 billion pegged (strongly suggesting no Taper anytime soon)... it seems next Friday is your first opportunity (though if the last hour is anything to go by... perhaps the Fed's omniptence is being challenged).

There are only 2 days next month when there is not a POMO...


Source: NYFed

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Spider's picture

Hmmm whats more important the Operation or Settlement date?  basically when can the banks use the new funds...

max2205's picture

Just tell us when they ARE NOT going to POMO....thanks

malikai's picture

But it's cool to short gold on these days.

Unbelieveable, yet true.

Umh's picture

Is that the fat lady who sings. I didn't know she did tricks.

fonzannoon's picture

It's over. POMO is dead.

spastic_colon's picture

window flagging false dressing day today

bnbdnb's picture

And MBS days are??? Tuesdays?

slightlyskeptical's picture

Leaves Friday June 7th as the only non-POMO day of the month. Something breaks before the month is out.

insanelysane's picture

Summa is here.  Nothing breaks till the fall.

auric1234's picture

And 19th (overlaps with FOMC).


ekm's picture


Is the word "TENTATIVE" normal? Anybody knows?

kralizec's picture

Darth Bernanke - "I find your lack of faith disturbing."

gatorengineer's picture

Looks like thursdays will be the new tuesdays....

orangegeek's picture

Yep - next Tues and then Thur/Fri combos.


I love technical analysis.

Haager's picture

the last couple of days shorting stocks looked to be quite succesful, at least in Japan nd On/Off Europe.

otto skorzeny's picture

what the f happened today-they had $6B to blow

DeadFred's picture

As far as I know there is no formal agreement that says they must buy stocks with their money. Some day they will think "I could just save the money and buy later at a discount". O could use a distraction now that a new scandal comes out most every day. If a financial crisis would make it harder to focus on minor things like IRS, AP, Benghazi do you really think he wouldn't pull the plug?

sodbuster's picture

There is no honor among thieves........what if the day comes when they take their POMO money and use it to SELL the heck out of the market??

digalert's picture

Thanks ZH

I'll put this page on my desktop where the May POMO frenzy chart was.

sbenard's picture

NOt a single Fed-free Tuesday in the lot!

cdude's picture

Hey, today was a HUGE POMO day. and....considerable "good" new to boot. Look "wha happin".

I really really really fooking hate the US equities "markets". It is a Fookfest on a unprecedented level. Manipulated in the short, intermediate and long terms. A complete scam designed to fook the honest investor.


They trynna catch me ridin dirty's picture

ZH needs to stop with all this hateful POMOPHOBIA.

Nothing worse than a bigoted POMOPHOBE.

auric1234's picture

19 June POMO-free day overlaps with FOMC meeting. I'm trying to figure out what this means....

Any ideas?


auric1234's picture

And then we have this week's NFP which is also non-POMO.

Yes, I think the bulls are beginning to hesitate, so they need to punish the bears again. Someone is going to inflict pain on everyone wearing shorts.


MeelionDollerBogus's picture

so today for 2 trading weeks the only NON-POMO day is friday?


except Friday, friday...