This page has been archived and commenting is disabled.
Panic Buying Continues As S&P Futures Hit Record
As the excitement of another US equity day session approaches, the BTFATHers can't help themselves and have lifted the S&P 500 futures to another new all-time record high. Sure, why not, when the Fed has the path illuminated... It would seem the dips that are bought have now been reduced to 3-4 points though what is perhaps more worrisome is that EURJPY has 'decoupled' from the exuberance in the last hour.
but carry is fading...
»
- 9233 reads
- Printer-friendly version
- Send to friend
- advertisements -
who needs plunge control
Free participation trophy with every equities purchase at T.J. Marlin.
New article at the Accredited Times:
DOES GOVERNMENT MAKE PEOPLE HAPPIER?<<The fed has the path illuminated>>
Sendero luminoso. I knew it they are terrorists
Your inner putz won.
The Nazis were government employees. Maybe they were "happier" than the Hosts those parasites oppressed. The question is: Does any person ever have a right to pursue "greater happiness" by stealing the lives of others? Either your right to pursue your happiness ends at other peoples noses or there will be nothing but slave owners, slaves, and a loathing state of war between them.
Janjuah sees ES 1800 before a Jan-March 2014 correction.
My mantra too.
If your average American is barely surviving, who the fuck is buying ? Apart from QE phantom money flooding in to the markets, what other liquid source of new investment funds is out there? Managed funds - Trust funds ?
Awash in a sea of QE....all those Clown Bux gotta go park somewhere.
"Apart from QE phantom money flooding in to the markets"
You answered your own question.
'plunge control'..........we don't need no stinking plunge control
The ravenous herd is feasting.
<Run Forest run........away.>
Permanent high?
"Stocks have reached what looks like a permanently high plateau."
-- Irving Fisher, Professor of Economics, Yale University, Oct 17 1929.
Permanent hard -on.
Priapism hurts
"Panic Buying", halarious. Pavlov's dog would be impressed.
you would be amazed how many people are asking me if now is the time to buy "for the upcomming rally"...
jeezz....
Tell them to jump right on in. However, if you need me, I'll be on the other side of the boat. Central bankers need more cover to pound down gold and interest rates, nothing more. The fact that the duration between congressional "fits" should tell you that they can't keep this up for much longer.
<<< Panic Buying", halarious. Pavlov's dog would be impressed.>>>
Pavlov's dog will eventually run out of saliva
Deflation is a myth.
Never has Happened
Never will Happen
Never could Happen
This ride will double down every couple of weeks now according to gamblers rules.
correct. No society/currency has ever collapsed/died because their purchasing power became too strong.
The good news; We will all be trillionaires.
The bad news; We will all be trillionaires.
And the fox says of the grapes that he can't reach; "I must find a chair to reach those sweet rotten goodies!!!!"
OK - I am sick of hearing about the stupid fox and what it says.
and god Obama saw that it was good...
Bless the Fed.
If we thought things were stupid before, we haven't seen anything yet. The sheep are ready to be shorn.
Doc I agree we are about to see stupid, but I see us blowing through 2,000 S&P kind of stupid.
I agree, there are a lot of underperforming asset managers who have been missing this rally and are looking to catch up.
They must be the ones buying Google for a thousand bucks a share this morning. LOL
Collapsing upward.
If a country has spent the world 4000 times it must be completely allowed to continue printing another 4000 earths. That's the logic in play, don't sweat it.
look at facefart. bow down to facefart.
This has all just become one really big snuff film
DOW 36000, S&P 2000 - and the country will be still mired in shit and broke lol
You mean dow 30k and SP 3k, so I guess the SP500 is the better buy, yes this will never end, the FED thinks it can print without any repercussion, and it can for now and may be for the next 2 years, but life will be no better for the 80 that do not own stocks. that I am quite sure of.
Irrational exuberance comes to mind. The thought of "panic buying"makes me think....panic infers running...running from something of danger or towards something of salvation. Panic may be the perfect term to use here. But are these panic stricken buyers being herded, like cowhands firing off their pistols to stampede cattle?
This irrational HFT/algo driven market may continue to rise for a very long time, but when it ends, it will end very badly.
isn't this where we hit that one last final high and then the whole thing implodes worldwide? The FED is destroying the world markets before our eyes. So few "people" are invested anymore...so who is doing all the stock buying?
you are right about it being so few people, but they are coming back. Retail is slowly filing back in the door. I'd say they are about 25% back in. The other 75% will eventually follow. We will be in awe of where this goes.
The Pre-market move in some of these Nasdaq stocks this AM is surreal. Reminds me of late 1999.
It is fascinating right? I mean holy shit with some of these moves. But what is different from 1999 is that back then people had the option of hitting the register and cashing out and sitting in some bond fund witha 6% yield. Hit the register today and you will be fondling your balls until you stare up at the lifeguard stand and the bernak gives you the all clear that the water is still warm.
panic buying?
jim cramer just said how great earning season has been.
a few days ago he said how poor things were looking, but today they r great.
he said how companies like goog, ge, cmg, tell the real story about the economy, but i guess a big global company like ibm means nothing jim.
i just want a fucking october 1987 style crash monday, it would be the greatest fucking thing. hey, dont these things come out of nowhere anyways?
you could get an october style crash monday and the markets would still be green ytd. This is insane.
fonz....u still here??? I have decided to take a sabbatical from wasting my time on these fanatical markets...feels a ton better not to look at this BS. anyhow, when the world goes more and more insane and the participants are partying harder than ever, you know that we are fast approaching the day of reckoning.
GOOG up 80, CMG up 34, AMZN up 8. It just goes on and on, until it stops. Shorting the markets. Ha, what the hell is that. Forgot how to do it.
Buying on the dips is a much better strategy.
With this fed and the trend it's keep taking it higher with Fed manipulation.
Fed and the government want to save the pension funds.
I gave up shorting the market 3 years ago. I gave up on the stock market in February and went to all PMs. I'm down a bit but buying more to average down. I also sleep better at night and have more free time during the day.
... so, I'm guessing GOOG trounced earnings estimate and gave super bullish guidance?
Panic buying. Yes, I'm panic buying -- ammo, junk silver, canned and freeze dried foods, water containers, etc. This fall is also a great (last) time to purchase any Chinese made appliances, kitchen gadgets, etc. With the yuan at a 20 year high versus the dollar ( and accelerating), you can expect some big price increases starting next year. A lot of the Chinese junk is already in the US distribution channels for Christmas so watch for sales.
Have you been buying the yuan as well?
Dudley, Bernanke, Yellen, evans and Fisher are laughing all the way to their corrupt Federal Reserve offices.
They will just keep printing and buying stocks through their member banks.
Their all about infinite debt and borrowing. Until the US dollars crashes and burns.
can someone explain to me how a stock like fuckface can always be up 4-5 percent daily?
i say this without even exadirating. its like goog reports a good quarter, and fuckface rallys 5 percent on googles earnings.
i can only fucking imagine how much zuckerberg is rigging his numbers for a few weeks so fuckface can maybe hit 100 dollars on that report.
I see a direct correlation between my rising costs of living and this fucking farce. While they celebrate all time highs in the "markets", there will be hundreds of millions around the world who will have to make the choice between food and heating - to starve or freeze - this winter. I'm fucking fine - I made a little on my index punt that was a no brainer, but I don't have to feel good about it.
Money is not a store of value, we have rising costs with static wages, retail sales are morbid jokes, and almost everyone around me are up to their eyeballs in debt. That's just the good news. The bad news are imminent capital controls, WTF false flag mischief before the bipartisan committee on government spending decides to do nothing before Christmas, continuation of igniting WWIII in the ME, and multiple nations on the verge of bursting their housing cysts. All under the watchful eye of Big Brother, (the Navy version) with the heroic Seals honking their excitement at the prospect of murdering a few more bloggers & journalists who dare to print against the government narrative.
You couldn't make this shit up with an infinite number of monkeys at the keyboard.
S&P up 5 points and we call it panic buying?
Hyperbole or am I missing something?
there will be a panic but it isnt a buying panic!
MOAAaaarrrrr!
nothing says 'success' and 'smart money' like a smart'n'savvy 'american' buying the all time fucking high.
DO EEEEEEET