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S&P Futures Lift Back Into Green For 2014
As we noted earlier, yesterday's ramp and the continued push higher in futures overnight has been stoked by first Japan, then China, and then Europe headlines proclaiming the great news that economic data is bad enough for the central banks to come back to refill the punchbowl... The result, as the charts below show, is 'magical' as the S&P pushes back up to the crucial for confidence positive territory for 2014.
Of course, it's all about JPY carry fueled marginal risk... (notice that there have been 3 pumps in JPY that failed to bring S&P futures any higher for now)...
But bonds ain't buying it for now...
Charts: Bloomberg
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The American finacial fraud continues. Trading equities on daily news and false goverment reports, dangerous and disgraceful but, perfect for the clowns on Wall Street and in the DC fools. Perpetuate the lie as long as the sheep will buy it!
Look at yesterday's tarding and tell me w are not witnessing death spasms.
I have always known there would be several attempts for the victim to try and not drown. Up for air, each time getting less and less until sinking.
The excessive volatility is traders desparate to stay in the green. When the markets go euphoric it is a flood of HFT buying and short squeezes. When the market tanks suddenly it is stop losses being wiped out left and right.
The market lacks liquidity.
Sorry MFL8240...there are no more sheep to sheer. This levitation is for the further gratification of useless and/or criminal banker types. It has nothing to do with "investors." Those don't exist in America anymore.
Way to go Wall Street! Gut that rotten carcass.
Hoorayyy!
And now 77 million Americans will celebrate this momentous occasion by buying themselves a nice bottle of champagne with their foodstamps....
I am guessing ZH just top ticked the market. Maybe we get a push at the open and then barf. Intel already lost it's luster and some momo's turning red.
Sorry, they only get it right when the market goes in the opposite direction.
Thank GOD!
And the rest of us who have to endure reality are left to rot whilst the 0.001% steal even more
Four legs good, two legs bad.
failing upward all the way to nirvana
Cheaper puts
snp 1999 or bust bitchez
Plenty of jobs in financials/investments. With all that money cycling constantly it's generating plenty of wealth for the sector.
Be the middleman collecting not producing.
As we now know about the trickery (which I kinda had figured) between the central banks kiting each other's debt. The best place for a 401K should be in the Euro Treasuries because it's guarenteed to make money. Why bother with the stock market anymore? At some point it becomes an unknown.
Lost me at 401k.
Close it or lose it.
Looks like more than a lift. Looks like a kickoff at the super bowl.
It appears the many people are to damn dumb to see that all the stimulus is not working. The whole concept of economic growth is based on the idea of an ever growing trend of increased production. At times we see a sector rotation such as computer sales increase when clothing falters, but overall we seek numbers that reflect an upward and onward slope.
History shows that such trends falter when they become overdone and unsustainable. When it becomes apparent the economic efficiency of credit is beginning to collapse and the additional money poured into the system coupled with lower rates is no longer effective in driving the economy forward options evaporate. When this happens the extra GDP growth generated by each batch of loans drops and momentum ends this becomes the equivalent of pushing on a string, this sign of exhaustion may soon overwhelm us. More on this topic in the article below.
http://brucewilds.blogspot.com/2014/01/slower-job-growth-red-flag.html
Might be another chance coming up to offload money losing IPOs to the sheep.
machines lurking under the market executing code.
trading with machines can be fun if you know your enemy.
Kyle Reese: Listen, and understand. That terminator is out there. It can't be bargained with. It can't be reasoned with. It doesn't feel pity, or remorse, or fear. And it absolutely will not stop, ever, until you are dead.
..and PMs are not rallying on the hope of more punch? Because the dollar and the other fake BS currencies would be shown how to go to zero
Surely the news is now bad enough for just a wee spoonful more porridge, right Mr. Yellin?
Just Fucking Die Already!!!!!!!
HFT is going fucking bezerk this morning......
get it while you can, fuckers
"What! You say that sodomizing babies in the police parking lot is not only a bad idea, but against the law! Why I had no idea!"
$spx forming right shoulder...SELL IN MAY
The stock market is constructed upon the concept that it exists to provide the fuel that empowers innovation and drives the engine of capitalism forward, and rewards those who chose to support the winners.
The fundamental ideas behind the mainstream media are predicated on our belief in the inherent goodness of mankind, the rights of individuals to think, speak and act freely and the need to conduct ourselves with honor in all things. These U.S. based national and interntional news organizations we have here exist solely in the absolute by claiming they dare to provide the unvarnished truth to whomever will listen, bar none.
This is the lens through which the world has viewed America and it is how we want to view ourselves. Today, unfortunately, it represents our lost idealism and the roots of the current mythology we reluctantly subjugate ourselves to.
If we are ever going to get back to where we thought we had captured our true sense of self, and for me personally that was the day before John Kennedy was assassinated, then we need to find some real leaders to guide us back onto the path. Kennedy wasn't the ideal. He was what he was, the anthropologic metaphor for the change we needed at the time. The nation had rallied around the image of that transformation and it began to die a slow death along with him.
We can do this again. Everything we need is still there. We continue to innovate. History has shown that all great societies emerge from the ashes of what has come before. Time to start the conflagration.