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Futures Surge On Yet Another "Diplomatic De-escalation" Bluff

Tyler Durden's picture




 

The first rip was a "standard" VIX-based, AUDJPY-based ramp to VWAP to save the big boys and allow orders out but that rapidly escalated into a panic buying spree as headlines hit that yet another in a long-series of de-escalation optimisms...

  • RUSSIAN TROOPS RETURNED TO BASE FROM UKRAINE BORDER: IFX
  • RUSSIAN DEFENCE MINISTER SHOIGU TOLD U.S. DEFENCE SECRETARY HAGEL RUSSIA IS OPEN TO CONTACTS WITH ALL SIDES TO SEEK TO DEFUSE TENSION OVER UKRAINE

Think about it... we know what Russia wants, we know what they need to defise the situation and we know the US/West won't accept it... so "we" buy the fucking dip anyway..?

 

 

Just look at Pandora today...!!

 

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Mon, 04/28/2014 - 15:32 | 4705022 jubber
jubber's picture

I'm so tired of the shit.

Mon, 04/28/2014 - 15:33 | 4705026 Soul Glow
Soul Glow's picture

BTFD Muppets!

Mon, 04/28/2014 - 15:34 | 4705039 McMolotov
McMolotov's picture

Now: BTFFD (buy the fucking fake de-escalation)

Later: BTFRE (buy the fucking real escalation)

After that: BTFWW3

Mon, 04/28/2014 - 15:37 | 4705058 Say What Again
Say What Again's picture

I'll bet you that the Russians have there options positions all set up prior to releasing the "news"

Mon, 04/28/2014 - 15:39 | 4705075 McMolotov
McMolotov's picture

"Russians don't take a dump, son, without a plan."

Mon, 04/28/2014 - 15:44 | 4705090 knukles
knukles's picture

Peace in our time

Mon, 04/28/2014 - 15:48 | 4705109 Xibalba
Xibalba's picture

never underestimate the power of a rigged market. 

Mon, 04/28/2014 - 15:58 | 4705138 knukles
knukles's picture

Hey!
Talking about Diplomacy...
Johnnie Kohn reputedly said at his local Trilateral Commission meeting last night that he was going to propose a final Middle East Peace plan settlement that they could either take or reject as they see fit.

Now That's Diplomacy, Bitchez

Mon, 04/28/2014 - 16:35 | 4705262 BabylonDeer
BabylonDeer's picture

Strange, there is no remainder about any troops actions or "talks" in Interfax website or russian media. Its a late april fool's post or what????

Mon, 04/28/2014 - 16:46 | 4705307 CPL
CPL's picture

The plan is to charge a real market rate for energy and accept NO IOU's.  No shirt, no credit, no service.  Pretty simple.

Mon, 04/28/2014 - 15:34 | 4705040 Groundhog Day
Groundhog Day's picture

I think its a precursor to tomorrow's "tuesday effect".  Everybody knows the trade now

Mon, 04/28/2014 - 15:35 | 4705047 Soul Glow
Soul Glow's picture

Yellen went long into the end of trading, no doubt.

Mon, 04/28/2014 - 15:47 | 4705103 zerodolla
zerodolla's picture

Put on your shorts, apply sunblock (margin), and relax in the sun (chaos). It'll get warm.

Mon, 04/28/2014 - 15:33 | 4705029 flacon
flacon's picture

Funny how these rips always happen at critical support lines.... glad I sold my puts before the rebound. 

Mon, 04/28/2014 - 16:24 | 4705237 Arius
Arius's picture

it makes you wonder about the tail and the dog ... which one is which...

Mon, 04/28/2014 - 15:34 | 4705030 Cursive
Cursive's picture

Thank God!  Peace in our time!  Buy it ALL!

Mon, 04/28/2014 - 15:33 | 4705031 Flux
Flux's picture

And my stocks soar!

Another good day in the market.

Mon, 04/28/2014 - 15:34 | 4705042 Soul Glow
Soul Glow's picture

I take it you don't own BAC?

Mon, 04/28/2014 - 15:38 | 4705066 Flux
Flux's picture

Nah, fuck BOA. I was in the US a few years back and tried to open a bank account with them.

They were a bunch of pricks.

 

Mon, 04/28/2014 - 15:40 | 4705079 Soul Glow
Soul Glow's picture

So instead you own equity of some shit company like PFE?  

Mon, 04/28/2014 - 15:54 | 4705127 knukles
knukles's picture

They're still a bunch-a pricks at my local branch, and I don't even bank there.
Maybe that's why they take some measure with me about hollering and shouting whilst standing in the teller lines.

Mon, 04/28/2014 - 15:33 | 4705033 Soul Glow
Soul Glow's picture

Tomorrow's Tuesday.  It's like the HFT algos version of a Friday afternoon in the Hamptons.

Mon, 04/28/2014 - 15:34 | 4705034 Bill of Rights
Bill of Rights's picture

I'm taking my ball and going home...

Mon, 04/28/2014 - 15:34 | 4705035 firstdivision
firstdivision's picture

The vector of the saw wave generated market is still downward

Mon, 04/28/2014 - 15:34 | 4705036 The worst trader
The worst trader's picture

It must be based on Hampton money because everywere else paople are financialy hurting.Pump it bitches you gunna need it soon enough.fucktards

Mon, 04/28/2014 - 15:34 | 4705037 Black Forest
Black Forest's picture

Piece!

Mon, 04/28/2014 - 15:34 | 4705038 Ness.
Ness.'s picture

Soooo, not starting WWIII is now our motivation to BTATH?  Got it.  Fun-der-mentals.

Mon, 04/28/2014 - 15:39 | 4705073 The_Ungrateful_Yid
The_Ungrateful_Yid's picture

Now you get it!

Mon, 04/28/2014 - 15:36 | 4705051 beegle
beegle's picture

The US wont accept it ... Europe doesnt know what the fuck hit them 

Mon, 04/28/2014 - 15:38 | 4705061 Rough-Trader
Rough-Trader's picture

Tomorrow is Tuesday so its up tomorrow.

May 1st need the last high so that is why we cant sell yet.

Selling starts Thursday at around 12pm.

Mon, 04/28/2014 - 15:38 | 4705067 jubber
jubber's picture

 Australian just hit a new 6y high and South Africa a new ATH on the back of this shit...incidently both markets are closed, how fucked up is that?

Mon, 04/28/2014 - 15:38 | 4705069 Sabibaby
Sabibaby's picture

There's a lot of tornados too. It's that breaking windows policy where someone goes and breaks windows and the rest of us buy everything and we all become rich. Thank you window breaking guy!

Mon, 04/28/2014 - 15:40 | 4705077 Flux
Flux's picture

Now, guys, don't get bummed out here. There's always a chance WW III will break out tomorrow.

Mon, 04/28/2014 - 15:53 | 4705126 Ness.
Ness.'s picture

So what IS your fool-proof stock buying strategy?  Do you only buy stocks that miss on earnings or do you buy stocks that miss on revenues too?  Or do you  stick to the most shorted?

 

Thx. 

Mon, 04/28/2014 - 15:41 | 4705080 Turdy Brown
Turdy Brown's picture

They didn't teach me any of this shit in all my Econ classes in college.  Or maybe they did and I was just hung over??

Mon, 04/28/2014 - 15:46 | 4705096 Dr. Engali
Dr. Engali's picture

Yep. Wasted all that time and money in a voodoo economics class just to get out and realize all you need to know is to buy the fucking dip.

Mon, 04/28/2014 - 15:50 | 4705114 knukles
knukles's picture

There was some ditzie broad in my econ 101 course who was a real dip.
I got a hand job on our first date.
She never showed up.

Mon, 04/28/2014 - 15:42 | 4705081 Yen Cross
Yen Cross's picture

    I'm renaming BTFD to simply being, "Gartmanized"... It rhymes well with sodomized.

Mon, 04/28/2014 - 15:42 | 4705082 the not so migh...
the not so mighty maximiza's picture

the war will start on a POMO day.  

Mon, 04/28/2014 - 15:42 | 4705083 Bill of Rights
Bill of Rights's picture

M1 multiplier and M2 velocity drop to all-time lows – Confounded Interest

 

Houston we have a problem..

Mon, 04/28/2014 - 15:46 | 4705100 NOTaREALmerican
NOTaREALmerican's picture

Those are old school measurements.  

As long as everybody gets paid and nobody asks any questions we're all good. 

Mon, 04/28/2014 - 15:55 | 4705128 X_mloclaM
X_mloclaM's picture

M2 velocity drop to all-time lows 

Houston we have a problem..

Nothing another GDP revision cant fix, also consider the cost of assembling M2, whereas M1 is both a precursor and less data-hours heavy to compile, such as it too could be outmoded, then, with reverse repos soon to be 'shrinking' the balance sheet you'll get your rediculous, useless, metric (if it could be called that) to move in a direction keynesians can hold high as proof-positive of both economic verdance and their competence in the composition of basic equations (fail), or even distinguishing them from identities h/t2 Murray

Mon, 04/28/2014 - 16:10 | 4705187 SmallerGovNow2
SmallerGovNow2's picture

Good post BOR...

Mon, 04/28/2014 - 15:43 | 4705087 tradingdaze
tradingdaze's picture

Buy the dip and get out at the close.

 

There is a Solar Eclipse tonight and nutty things can happen.

 

 

Mon, 04/28/2014 - 15:48 | 4705108 knukles
knukles's picture

I'm scratching mine right now. 

Mon, 04/28/2014 - 15:45 | 4705093 X_mloclaM
X_mloclaM's picture

that breaking windows policy where someone goes and breaks windows and the rest of us buy everything and we all become rich. Thank you window breaking guy!

So so true.

mmm Glazier doughnuts

Mon, 04/28/2014 - 15:47 | 4705107 fed_depression
fed_depression's picture

This is probably just a troop rotation. They aren't going to go away this simply. Suddenly the Russian people don't need protection?

This is completely false media.

Mon, 04/28/2014 - 15:52 | 4705118 PlusTic
PlusTic's picture

just more fake bullshit...they just happened to make that statement exactly when the s&p500 hits the 50-day mov avg...gimme a fukkin break!  this is such bad theater it's ridiculous...

Mon, 04/28/2014 - 15:52 | 4705121 The Axe
The Axe's picture

May be true TYler..but real buyers in AAPl Xom Cvx and IBM  all day   in size    strange market

 

Mon, 04/28/2014 - 15:57 | 4705137 El Hosel
El Hosel's picture

Real buyers?... WTF is real then? The Fed balance sheet?

Mon, 04/28/2014 - 16:13 | 4705208 Bernoulli
Bernoulli's picture

I'm happy Apple and IBM went up today.

It was a good opportunity to add some more last cheap puts expiring on May 17 and June 21.

There are so many weird things happening and so many signs, it's just unreal. Compare the last weeks to how calm and "normal" everything was last year. The conclusion must be that the markets are drawing their last breath. Can't get much crazier. Everybody still tries to keep the illusion alive for a bit more and find buyers for their crap.

But then suddenly - there will be no more! FREE FALL!

Mon, 04/28/2014 - 15:52 | 4705123 HaroldWang
HaroldWang's picture

I have not seen that news appear anywhere other than here. Definitely not the reason the market turned around. Everyone just front running Turnaround Tuesday.

Mon, 04/28/2014 - 16:56 | 4705354 IridiumRebel
IridiumRebel's picture

http://www.businessweek.com/news/2014-04-27/yen-holds-weekly-gains-versu...

 

"The ruble gained for the first time in seven days as Interfax news service reported that Russian troops on the Ukraine border have returned to their base. The yen fell against most of its 31 major peers as President Barack Obama issued sanctions on Russian individuals and companies. The euro gained as European Central Bank President Mario Draghi told German lawmakers quantitative easing isn’t imminent, according to a euro-area official. The pound rose to a four-year high."

Mon, 04/28/2014 - 17:48 | 4705547 BabylonDeer
BabylonDeer's picture

http://www.interfax.com/news.asp?y=2014&m=4&d=29 No such info on Interfax, its FAKE.

Mon, 04/28/2014 - 17:53 | 4705564 IridiumRebel
IridiumRebel's picture

So Bloomberg is fake. I guess I cannot argue with that.

Mon, 04/28/2014 - 15:56 | 4705134 LawsofPhysics
LawsofPhysics's picture

< meh >  I guarrantee you that somebody knows what's really going on and they are front-running the shit out of all this..

 

same as it ever was.

Mon, 04/28/2014 - 16:16 | 4705223 negative rates
negative rates's picture

Just not you.

Mon, 04/28/2014 - 16:01 | 4705144 wednesdayfan
wednesdayfan's picture

Putin isn't going to invade, what would he do then? A world of problems. He is just jerking those dumb fucks around, seeing who his friends are. Every US hanger on is flying jets around in an attempt to look important, it's pathetic. What are the Dutch airforce going to do ? Give me a break.

Mon, 04/28/2014 - 16:02 | 4705149 disabledvet
disabledvet's picture

I would expect the opposite..."sell on the peace moves."

Again...while reserving the right to bitch like a mother phucka...I will continue to support 'merica here in the "whatever it is."

I do believe Putin backing down and getting stuck with Crimea would be a DEVASTSTING blow to both Putin and Dimitri.

That sanctions regime could prove to be highly effective in a cash starved world.

Worse still would be Ukraine in NATO and the totality of the American Army in Western Europe in Ukraine and the Baltics.

That place is both Sword and Shield...as well as being the gateway for the bulk of all commodities flowing out of "the Near East."

Mon, 04/28/2014 - 16:04 | 4705155 NDXTrader
NDXTrader's picture

These moves are pre-programmed. If that wasn't the "reason" then something else would be. They need everything balanced out on the 15 and 30 minute charts for the Fed and unemployment report so you can't go confidently long or short into either one

Mon, 04/28/2014 - 16:10 | 4705188 wednesdayfan
wednesdayfan's picture

Crimea was given to h on a plate by those incompetent US dip shits. He didn't even ask for it. Now he can starve them out. No need to invade and he won't lose sleep over a few dead Russian speakers, he is not that kind of guy. Let the fighting continue and let the west sort out their own dumb mess.

Mon, 04/28/2014 - 16:12 | 4705203 roadhazard
roadhazard's picture

Putin blinked.

Mon, 04/28/2014 - 16:13 | 4705206 q99x2
q99x2's picture

Are we going to die or not? That's all I want to fucking know.

Mon, 04/28/2014 - 16:13 | 4705207 BIHM
BIHM's picture

Fuck it.  I want to see the Fed print 10T fucking dollars next month.  Let's sanction the fuck out of every nation that hasn't taken the NWO oath and hell dust off the nukes.  I can't take anymore of this back and forth through the media bullsht it is getting boring.  It's like watching two douchebags who don't really want to fight each other call each other out for a half hour because there's a crowd watching.  Either throw a fucking punch or shut the fuck up and go home.

Mon, 04/28/2014 - 17:01 | 4705366 Son of Captain Nemo
Son of Captain Nemo's picture

"Think about it... we know what Russia wants, we know what they need to defise the situation and we know the US/West won't accept it... so "we" buy the fucking dip anyway..?"...

What was one of Edgar Allan Poe's famous quote(s) about his existence near his own end?

"I became Insane with Long Intervals of Horrible Sanity"...

At the rate this is going it will all be over soon and if you wish to look at the bright side of the overly medicated and self-absorbed perfect assholes "buying the dip"? 

None of them will ever see "it" coming and we ain't talking about the highs and lows of the market either!

 

 

Mon, 04/28/2014 - 19:45 | 4705811 Sauerkraut-Opinion
Sauerkraut-Opinion's picture

Just a small break meanwhile Wladimir catched up with the 70th Birthday-Party of his best fellow and former German Chancellor Gerhard Schröder in St. Petersburg.

The Champagne-Party was also supported by the present Minister-President of Mecklenburg-Vorpommern (State of East-Germany) Erwin Sellering.

More Sanctions & Party-Pictures of the day:

- http://www.welt.de/politik/deutschland/article127411354/Gerhard-Schroede...

- http://www.spiegel.de/fotostrecke/schroeder-trifft-putin-in-st-petersbur...

Tue, 04/29/2014 - 03:33 | 4706796 intelectualForeigner
intelectualForeigner's picture

Do you still expect the 3:30 ramp-up after this rally?

Tue, 04/29/2014 - 08:46 | 4707179 AdvancingTime
AdvancingTime's picture

Over the years we have witnessed the type of market reversal the big banks supported by the Fed can generate with a concerted effort to buy S&P 500 index futures at crucial support points late in the day. This has proved more than enough to turn the markets from red to green in the blink of an eye.

Yes the market is rigged and this is a reason for caution if you are a bear!  If it looks like a Ponzi scheme, sounds like a Ponzi scheme, and feels like a Ponzi scheme, then it is probably a Ponzi scheme, but that does not guarantee that it is over. More about this subject in the article below.

http://brucewilds.blogspot.com/2014/04/bears-have-little-reason-for-confidence.html

Do NOT follow this link or you will be banned from the site!