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

Submitted by Tyler Durden on 05/31/2013 15:07 -0400

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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Fri, 05/31/2013 - 15:08 | 3614642 Spider

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

Fri, 05/31/2013 - 15:16 | 3614679 jbvtme

rip mulgrew: http://www.youtube.com/watch?v=eTC-wOvPpow

Fri, 05/31/2013 - 15:19 | 3614690 max2205

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

Fri, 05/31/2013 - 15:22 | 3614700 malikai

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

Unbelieveable, yet true.

https://www.quantsig.net/live.html

Fri, 05/31/2013 - 15:43 | 3614805 negative rates

I purchase my operaton everyday.

Fri, 05/31/2013 - 16:37 | 3615083 Umh

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

Fri, 05/31/2013 - 15:09 | 3614651 fonzannoon

It's over. POMO is dead.

Fri, 05/31/2013 - 15:10 | 3614655 realtick

i totally agree

abenomics was the tipping point

QE Ain't What It Used To Be

http://chartistfriendfrompittsburgh.blogspot.com/2013/05/qe-aint-what-it-used-to-be.html

Fri, 05/31/2013 - 15:10 | 3614656 fonzannoon

Operation erectile dysfunction.

Fri, 05/31/2013 - 15:12 | 3614667 JuicedGamma

End the ED.

Fri, 05/31/2013 - 15:20 | 3614696 slightlyskeptical

That would be Easing Dysfunction.

Fri, 05/31/2013 - 15:10 | 3614653 spastic_colon

window flagging false dressing day today

Fri, 05/31/2013 - 15:14 | 3614673 bnbdnb

And MBS days are??? Tuesdays?

Fri, 05/31/2013 - 15:17 | 3614684 slightlyskeptical

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

Fri, 05/31/2013 - 15:24 | 3614711 insanelysane

Summa is here. Nothing breaks till the fall.

Wed, 06/05/2013 - 16:59 | 3627588 auric1234

And 19th (overlaps with FOMC).

Fri, 05/31/2013 - 15:22 | 3614698 bnbdnb

SP500, 20 years.

http://oi41.tinypic.com/2vkguud.jpg

Fri, 05/31/2013 - 15:22 | 3614701 ekm

https://twitter.com/NYFed_News/status/340547839736287234

Is the word "TENTATIVE" normal? Anybody knows?

Fri, 05/31/2013 - 15:44 | 3614818 negative rates

No, it suggests that you hold off while i figure out what to tell you later, much later.

Fri, 05/31/2013 - 15:22 | 3614702 toros

A day without POMO is like a day without unicorns or Snarky Puppy...

Thing of Gold

http://www.bing.com/videos/search?q=snarky+puppy&mid=290166E83D67F318366C290166E83D67F318366C&view=detail&FORM=VIRE1

Fri, 05/31/2013 - 15:23 | 3614704 nomorebuyins

Ramp!

Fri, 05/31/2013 - 15:23 | 3614708 kralizec

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

Fri, 05/31/2013 - 15:25 | 3614716 gatorengineer

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

Fri, 05/31/2013 - 15:52 | 3614874 orangegeek

Yep - next Tues and then Thur/Fri combos.

I love technical analysis.

Fri, 05/31/2013 - 15:35 | 3614757 Haager

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

Fri, 05/31/2013 - 15:51 | 3614867 otto skorzeny

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

Fri, 05/31/2013 - 17:25 | 3615228 DeadFred

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?

Fri, 05/31/2013 - 16:03 | 3614927 sodbuster

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??

Fri, 05/31/2013 - 16:08 | 3614951 digalert

Thanks ZH

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

Fri, 05/31/2013 - 16:20 | 3615003 sbenard

NOt a single Fed-free Tuesday in the lot!

Fri, 05/31/2013 - 16:23 | 3615014 cdude

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.

Fri, 05/31/2013 - 17:26 | 3615229 They trynna cat...

They trynna catch me ridin dirty's picture

ZH needs to stop with all this hateful POMOPHOBIA.

Nothing worse than a bigoted POMOPHOBE.

Sat, 06/01/2013 - 04:34 | 3616220 auric1234

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

Any ideas?

Mon, 06/03/2013 - 16:09 | 3621225 MeelionDollerBogus

what do YOU think it means?

Short much?

http://yeswecoupon.com/wp-content/uploads/2012/08/ky.jpg

Wed, 06/05/2013 - 03:16 | 3625555 auric1234

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.

Mon, 06/03/2013 - 16:07 | 3621219 MeelionDollerBogus

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

BURRISH!!

except Friday, friday...

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

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