Morning Euphoria Fizzles As Biotechs Turn Red Again

Tyler Durden's picture

So much hope, so much faith, so much euphoria that the early bounce in high beta crap, which sent biotechs by more than 3%, would finally stick... All for nothing.

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jbvtme's picture

have we seen such action in five years?

q99x2's picture

Examples of HORNSWOGGLE

 

<I think we've been hornswoggled by that carnival barker.>

Rising Sun's picture

Sucking in those bulls in denial before the next beating - should be tomorrow or Wednesday.

 

Keep buying fuckheads!!!!!!!!!!!!!

ilion's picture

I'd really love to see SP500 at 666 again and then build a nice portfolio with high-yield dividend stocks.

MFL8240's picture

Whay was there any uphoria in the first place?

dcj98gst's picture

Zerohedge bottom ticking is more common lately.  I think they are fucking with you.

Pairadimes's picture

No more market morning wood? Quick, Janet - to the fiscal ViagraMobile!

HardlyZero's picture

Aunt Janet is patting down the stiffies, and CNBC is injecting liquid viagra to the heart and mind of America.  Frankenstein's Monster.  Any one see Abby Normal Cohen ?

http://www.youtube.com/watch?v=yH97lImrr0Q

 

Which CNBC hot fluffer is pumping and blowing these days ?

 

Will NASDAQ close above 4000 ?

Smegley Wanxalot's picture

Biotechs are turning red because Americans don't consume enough drugs.

ebworthen's picture

I'd be the big boys are rolling into oil, utilities, treasuries, and cash - slowly selling off the momo stocks to retail suckers.

buzzsaw99's picture

reminiscent of the recent speculative bubble busts in gold & aapl [/bitchez]

qazwsx's picture

Need the new Androgel 2.0! 

JustObserving's picture
Morning Euphoria Fizzles


The Fed needs a few more HFT computers to levitate the markets.  You always need more amd more of your drug to get the same high.

The CIA and the NSA have always been involved in Global markets.  What is the use of spying on everyone in this world if you cannot make money from it? Power in this age comes from finance, fake economic statistics and manipulated markets rather than a gun:

How Much Are the NSA and CIA Front Running Markets?

Posted on June 28, 2013 by 

A 2008 paper by Arindrajit Dube, Ethan Kaplan, and Suresh Naidu (hat tip MS) found evidence that the CIA and/or members of the Executive branch either disclosed or acted on information about top-secret authorizations of coups. Stocks in “highly exposed” firms rose more in the pre-coup authorization phase than they did when the coup was actually launched.

http://www.nakedcapitalism.com/2013/06/how-much-are-the-nsa-and-cia-fron...

 

holgerdanske's picture

Morning glory, or not. It seems the PPT has got a problem getting it up, lately.

Hyperextension, diatribies and narrowed ulterior motives can cause that, my doctor says.

That, in short, is what you get for being a farcehole, meating to much and exorcising too little

elwind45's picture

First time shorts didn't take it hard for at least one session? Sunlight on a dogs butt! Another 5billion from madam chairperson and its AWAY same dip different morning