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Will Terrific Tuesday Hold Once Again?

Tyler Durden's picture
Submitted by Tyler Durden on 04/15/2014 10:19 -0400



 

For the 11th week this year, US stocks are higher on the most fundamentally bullish combination possible in today's markets... a Tuesday open... Absent the exuberance of Turnaround Tuesday (which appears to have been discounted into Manic Monday yesterday afternoon), the S&P would in correction territory (down over 10% in 2014). The question is... will today be any different?

 

As the following code explains... trading is easy...

 

 

 

 

2014 - same as 2013...?

 

One look at the following chart explains it all...

 

h/t @Not_Jim_Cramer

 
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Tue, 04/15/2014 - 10:25 | 4660731 RockRiver
RockRiver's picture

Well, that will work until it doesn't.....

Tue, 04/15/2014 - 10:32 | 4660767 SoilMyselfRotten
SoilMyselfRotten's picture

Gold just got managed, must be a day ending in y

Tue, 04/15/2014 - 10:26 | 4660737 q99x2
q99x2's picture

If the big WWIII starts today, you're damn right that sucker is gonna close green.

Tue, 04/15/2014 - 10:28 | 4660744 dow jones 20000
dow jones 20000's picture

thermonuclear warfare?

bullish! 

Tue, 04/15/2014 - 10:30 | 4660755 Kreditanstalt
Kreditanstalt's picture

UP and DOWN, UP and DOWN, UP and DOWN we go!!!!!!   Just like the Teletubbies.

Volatility is there, just under the surface, and sometimes they just can't disguise the thinness of these markets.

Tue, 04/15/2014 - 10:31 | 4660765 Ralph Spoilsport
Ralph Spoilsport's picture

Fudd's First Law of Opposition: "If it goes up, it must come down".

Teslacle's Deviant to Fudd's First law: "If you push something hard enough, it will fall over".

Tue, 04/15/2014 - 10:32 | 4660769 orangedrinkandchips
orangedrinkandchips's picture

Some say it's the Wall Shit Saw......up and down....

 

I see it as milking a Cash cow......let the teet fill up, squeeze.....

 

Let the SP run up 15 point, sell off. Repeat as neceassary....

 

 

Tue, 04/15/2014 - 10:34 | 4660790 Yen Cross
Yen Cross's picture

    This is the biggest POMO day this week... Not that it matters with all the reverse REPOing and bond shenanigans currently going on.

Tue, 04/15/2014 - 10:37 | 4660805 Dr. Engali
Dr. Engali's picture

Belgium will see to it that it does.

Tue, 04/15/2014 - 11:37 | 4661224 Conax
Conax's picture

Thursday lookin mighty sexy, too.  Go long weekdays with a 'U'.

Tue, 04/15/2014 - 12:13 | 4661459 Singelguy
Singelguy's picture

Gold was monkey hammered again today. It must be tuesday.

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