It's 3:29:57 pm - Do You Know Where Your Massive "Send DJIA Green For 2014" Order Is?

Tyler Durden's picture

Having lagged its higher-beta peers for over 3 months - unable to peek over the unchanged line year-to-date and staring blankly at its Transportation Index cousin - the Dow Jones Industrial Average has just traded into positive territory for the first time in 2014. Mission Accomplished? Wondering how it happened all of a sudden? Look no further than the volume spike at 3:29:57 in S&P 500 e-minis accompanies by the standard JPY ignition.



As if to prove all the HFT naysayers right, milliseconds before 3:30 pm - the traditional time when HFT algos come out and ramp stocks into the last half hour of the day, a massive E-mini order block slammed the tape, driven by a tremor in the USDJPY (and a VIX smash below 13), sending the DJIA green for the year in the most unriggedly of manners.



As for what catalyzed the move, here is Nanex:


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yogibear's picture

Buying the dips has been working for years. Still works.

So easy a caveman can do it.


Thought Processor's picture





For a minute there I thought we were gonna end in the red.


qqqqtrader's picture

I missed buying the dip by 3 nanoseconds... grrr

Say What Again's picture

Who are the bigger crooks?

The Fed, or the HFTs?

Boy that's a tough question!

NotApplicable's picture

Why would you think they represent different collectives?

Deathrips's picture



The people "left in charge by the people", never worked for the people. They are not comming to save you. Act accordingly.

THis is what happens when personal responsibility is outsourced. TM


Long camping trip....prepare wisely.



Kaiser Sousa's picture

god damn rght..say it with me...


any doubt now about these fraudulent fucking RIGGED MARKETS??????????????????????

max2205's picture

Make mine a Biggie Mr bartender

disabledvet's picture

this is Wall Street doing the printing...not the Fed.
The Fed only wants/wanted interest rates "at or near zero for an extended period."

The fact that doing this means "at or near zero economic recovery" in order get said policy goal seems to have been lost on them.
Whey this ended up meaning one of the greatest equity rally's in human history will be debated for a VERY long time.

To my knowledge only Chairman Bernanke and I have put forth the theory however...namely "Japan" (which invented QE) did not acted with sufficient "bazooka" when their markets collapsed in the late 1980's. And Treasury Secretary Paulson signed off on this "regime" as the way to go.

Given possible alternatives...well, obviously long equity has been a rock star. One should note however that GE is still off 60% percent from its all time highs...even though the equity market is hitting one new high after another. Easily the worst management team ever. Well, next to GM apparently. How that clown and his cronies still have their jobs is beyond me.

No..."war with Russia doesn't solve the problem either." Interesting that that's where they are going though.

Relentless101's picture

Pieces of shit are just laughing in our faces...

medium giraffe's picture

resistance is futile!

Oldwood's picture

Not really. All that needs to happen is for all the traders to get a real job and let the algos devour themselves. Everyone keeps saying there is nothing we can do about the corruption, as each and every one is taking another bite from the apple. We got to walk away.

medium giraffe's picture

You fill up your 401, you're a trader, you have a pension fund, you're a trader.  Unless you live under the radar, off the grid and out of the books, you have skin in the game.  I agree with your sentiment, but it's impossible for us to unfuck ourselves.  The Matrix has you, Neo.

Ness.'s picture

The powers that be (or rather look away) will not do shit until the HFT boys start slamming the market down at 3:30.  Rigging up is good, rigging down is treasonous.

Dr. Engali's picture

Average sheeple: Tell me again why HFTs should bother me. My statements are always positive.

deeply indebted's picture

Exactly right. As long as the sheeps' retirement accounts are growing, they don't give a shit how, why, by whom, or for what reason.

Quus Ant's picture

You want to live in his house, sleep in his bed, drive his car down his streets, watch his television on his box, eat his food off his plate and then bitch when the devil takes his cut?

TruthTalker's picture

until they're not and oh yeah all that money  will be worthless by the time people are intelligent enough to cash out and oops we collapsed the dollar....

Baby Eating Dingo22's picture

Eminis must be tasty

Probably fat free too

Eat as many as you want

bullet's picture

algo circle jerk...

khakuda's picture

Here you go:

WASHINGTON (MarketWatch) -- The first rate hike is not likely to be warranted until at least the last half of next year, Atlanta Fed President Dennis Lockhart said Wednesday.

I'm not hearing enough bubble.  It needs more bubble.

TruthTalker's picture

I heard that in Christopher Walkin voice as intended

khakuda's picture

With smart people, one can be subtle.

The Axe's picture

ha ha    joke

PlusTic's picture

where is al-qaeda when you need'em...

Dr. Engali's picture

They are attending a seminar with a certain alphabet letter agency located in Langley Virginia. 

PlusTic's picture

more likely at the usual

Fiat Burner's picture

The desperation to pump these "markets" is so fucking obvious.

soopy's picture

More like the desperation of shorts for them to fall.

yogibear's picture

Infinite Fed printed money goes somewhere. It goes into stocks.

Kreditanstalt's picture

This is nothing close to "investing"'s manipulated betting...we're being manipulated and they're betting.


TruthTalker's picture

yup - that is why everyone should pull out, buy gold and wait for this crap to fall on their heads!

alien-IQ's picture

same shit different day.

yogibear's picture

The Fed knows it can't really raise rates. It has to buy ever larger amounts of US debt.

Tapering is just a dog and pony show for the masses.

Dollar Bill Hiccup's picture

Obvious does not matter. It really is the Big Lie. The difference is that the only peeps with power / money to call a bluff are in on the con. They are reaping the greatest rewards.

It's the perfect con game really.

The peeps w/out money / power are on SNAP, getting their min wage raised, getting OB Care ... even if the sh-t doesn't work so well, hey, they're lookin out fer you little guy!

q99x2's picture


That's what I'm talking about.

Oldwood's picture

The fucking dip is relative. .05% is not a dip. 50%, now that is a dip. What so many are calling buying on the dip is really buying at the top, if you can read a graph anyway.

buzzsaw99's picture

party like it's 1999 bitchez

The_Ungrateful_Yid's picture

BTFD or get's simple and rigged but play the game anyways. My NUGT calls today have made me a nice little profit.

irie1029's picture

You would think there would be a mega reaction but no just like government spying on it's citizens all you hear is crickets.

chirobliss's picture

Largest volume all day, and then let it unwind over 3 points to give you the magical close nicely clear of SPX 1,890.


You truly hafta admire the absolute precision.


Ya monkeyhammer up, you monkeyhammer down.


mayhem_korner's picture

"most unriggedly"


+1000 Splendiferous.

jubber's picture

America the most corrupt, Rigged piece of shit in the world

Son of Captain Nemo's picture

Just like the Ed Snowman/Glenn Greenwald show to critically analyze whether the 4th Amendment, is really all that it is cracked up to be after 225 years… the NYSE/IEX Group "dream team" is about check the pulse of the American sheep to see if the pupils are fully dilated and catatonic for the next major John Holmes "bungholing"...

This read proves it. 

Now for a thoughtful canned HFT honest vs. dishonest debate and the American people will show that they are still “wide asleep”, refreshed and ready for the next major event to send them on there way to NWO rapture!

bam's picture

everyone go long /es now!!!! why? because you'll be BTFD for tomorrow's 3:30 ramp. FREE $$$

Downtoolong's picture

the volume spike at 3:29:57 in S&P 500 e-minis

You know it’s bad when they have to start measuring Fed sponsored trade orders using the Richter scale.

Now we know what really caused that earthquake in LA.

yogibear's picture

The Fed has to keep everything pumped up by buying.