This page has been archived and commenting is disabled.
The 5 Words Every Bull Needs To Ignore
While we could (and have) show a plethora of charts of the trends of earnings, revenues, and macro data, the following 'summary' of Q3 earnings from Thomson One says it all... As far as pre-announcements, the 9.2x negative-to-positive is the "largest negative guidance on record" - five words, every bull should just ignore...
(h/t @Not_Jim_Cramer)
»
- 14346 reads
- Printer-friendly version
- Send to friend
- advertisements -
Quick, BTFLNGOR!
Bullish!
Moar POMO... must have MOAR POMO, GIVE ME MOAR POMO!!! NOWWW DAMNIITTT!! MOAR!
Quick, flash naked pictures of Maria Bartiromo on CNBC to rally the markets!
@johngaltfla
Projectile vomiting is bullish?
Quick, flash naked pictures of Maria Bartiromo on FOX to rally the markets!
This, as has been repeated many times over by many different commentators , is going to end horrifically. The Fed is taking America and the rest of the world, to hell in a handbag. If some semblance of sanity does not come to them soon, maybe it's time to indict them on charges of financial crimes against humanity.
Maybe?
Up is down, down is up. Negative is positive....... I'm not sure what your world is, but I've adapted to the centrally planned new normal.
We'll all play the game for what it's worth knowing the game is rigged. Can you blame people for trying to save themselves from this insanity?
Blame? To the extent that the players "make" the game... uhhh, yes!
The planners "make" the game. The players try to anticipate the central planners.
Point taken- "Don't hate the players, hate the game" comes to mind. Conversely, if nobody played, the planners' power instantly evaporates.
Sheet, there he goes with that guidance thingy again ...BTFATH !!!
no shit ? what the heck did they invest in AAPL ? lol
BTFATH....
hey, things can only improve then, right?
bullish.
oh yeah that means the market must be sheep (oops, sorry ment cheap). QUICK, let's borrow quadrillions to buy like it's 1928
Theres only one place to go when you post a "worst on record" print. UP, right?? Time to put a 2nd on my house so i can buy MOAR!
Hey, guidance can only improve.
Unless it sets another negative record, but what are the odds of that?
Giiiirrrrrlllll please!! I'm on my third mortgage and a reverse HELOC. Used the second for GRPN and the FB IPO and third for TWTR. My reverse HELOC is a propriety BAC offering at my local branch supposedly to help the local economy but I just used it for BTC at $750. #winning
Buy now or be priced out forever.
Pleeeeze let me buy that $325k house for $800k....Pleeeze!
Is the FED still giving out free money to their banker buddies? They are? OK, then this probably doesn't really matter, unless you're looking for a job.
Is the Fed still handing out currency swaps w/ every other CB with which they disseminate $'s internationally that can act as "foreign" buyers of Treasury debt?
Six major central banks make currency swap accords permanent - Extend '07 original emergency arrangements and make them permanent
http://www.reuters.com/article/2013/10/31/us-central-banks-swaps-idUSBRE99U0AJ20131031
Long as "money" is what they say it is...guess prices of things in "money" have a ways to go reach infinity.
They've figured out the magic formula whereby they can make their buddies whole after all those MBS fuck-ups back in 2008, generate obscene personal wealth for themselves and their friends, and yet keep the costs of essentials under enough control that the majority of the population stays happy with their I toys, football and EBT cards. So the super rich get super richer, now that they're not on the hook for their past mistakes and can borrow at 0% to invest in a market that has a permanent FED put underneath it, while the rest either rage impotently against the machine, or don't even know it's happening.
In any case, fundamentals don't matter, because its now almost explicitly a rigged game to benefit a few at the top, not a secret game any more.
So clear that interest rates are "managed" globally now...Japan, Spain, Italy, US, UK, France...and on and on. All going lower and lower. And currencies all knotted together so there is no explicit winner or loser in the FX market. Or simply put, NO MARKET. Command economy.
FOMC created these "liquidity swaps" Dec 12, 2007...and now they are permanent. The swap lines were designed to improve liquidity conditions in U.S. and foreign financial markets by providing foreign CB's with the capacity to deliver U.S. dollar funding to institutions in their jurisdictions during times of market stress.
No "market" based consequences for bad behavior or bad governance for anyone...what a perfect world. This is how Fed can "taper" but interest rates can remain low as a strong international bid remains???
It's a beautiful thing, isn't it? Can't wait to see what the price of these publicly traded companies is when they've bought back so many of their own shares you couldn't even do a round lot trade without either gaining or losing controlling interest in the whole company.
I'm confused...It's rigged to help those at the top. But those who are truly at the top, the billionaires can't get leverage (at least not much compared to their current wealth) to bet on the markets. They would have to bet with their own cash. Yet the middle class has access to unsecured credit in excess of twice their annual income. So by percentage of current wealth, I would say the middle class actually has the most to gain on these 'rigged' markets.
Sure you can argue that the billionaire can easily make more than I can make in a lifetime in a matter of minutes, but what the fuck does that matter? It doesn't improve their life at that point. And it doesn't hurt my life.
Why is it there is a 'they'? How do you know there is a 'they'. Or does it just make you feel better knowing there is a 'they' to blame?
Maybe not the first, but certainly not the last to say, TROLOLOLOL! The super-rich get to just create cash to play with, esp. since the American public is tapped out. Do you think that $85bn/month is not passing thru select hands before reaching their targets?
You bet your ass there is a "they". "They" own the mega-banks, which in turn own the western central banks, and "they" also own western governments. Government doesn't control money. It's the other way around.
The first thing you have to hold dear in order to revere (or ignore) "them" is religion. If you believe that, you'll believe anything.
working for a living is for chumps. Graft and confidence games is where its at.
That's the MEME people want to see. Congrats.
Banana
Does not compute... stuck in the buy the dip mode, algos.
I put up the dirt in my backyard as collateral for a loan so I can BTFATH!!! Dow 50k by next week!!!
Think I'm going to buy some Q2 puts tomorrow.
16,000 kind of rejected today. Even in the face of a POMO double tap.
A 20% pull back is 12,800 so I'm planning on getting some 14,000 puts.
We've been ranging for a while now since Bernanke halted the Bull trend.
Technicals are pointing to a reversal.
My guess is a pull back to a bear market giving Yellen cover to double down on QE (which will be disastrous).
Why don't you just mail your money to the institution you're doing the trade with instead? You know that, even if you're somehow on the right side of the trade, they're going to fuck you on the implied volatility and time decay. Unless you're WRITING options, you might as well by lottery tickets.
I'm with Al on this one. There's plenty of smart people who have gotten their fingers burned off trying stuff like that the last few years.
Awesome BUT we are only a few weeks away from the "Santa Clause Rally" propaganda.
Soon to be called the "Winter Solstice Rally" in San Francisco.
You mean the original winter holiday that actually is physically and astronomically significant might be celebrated somewhere? Nice.
in other news bitcoin 765
785 now. Time to buy some tulips.
Greater chance of beating expectations. BTFATH!
But...but...but corporate balance sheets are so STRONG!!!
85 Billion per month is the largest inflation of the money supply on record. + or - a few billion. I'm sorry, I have lost all faith in the free markets because they are gone.
The end of the beginning or the beginning of the end?
Ok. So what happened at the last high readings of negative guidance? Stocks went down? up? when?