FOMC Optimism Confuses Market: Stocks Up, Bonds Up, Gold Down

Tyler Durden's picture

Great news, Q1 was much worse than ourt awesome forecasts expected.. but that was all weather so our forecasts about the future are likely dead correct and that means escape velocity is coming... Stocks are rallying (and gold is fading)... but bonds ain't buying it as they press the low yields of the day... .what is mst worrisom for stocks, is that it's not Tuesday.

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Eyeroller's picture

Absolute madness.

LawsofPhysics's picture

Optimist.  Wait motherfucker, the average sheep must have a completely different definition of  "madness" or "chaos"...

Xibalba's picture

Fed killed the market.  We're all daytraders now.

I Write Code's picture

If you want dividends you have to hold now and then.

The market is just the fed puppet, but a lot of people do hold stocks for the dividend - just as Bernanke ordered them to do.

fonzannoon's picture

The dollar against the pound is interesting too. Eiether the fed is going to fake a huge NFP number Friday so we can all talk about how smart Yellen was or the fed has decided they would rather head towards the exit.

LawsofPhysics's picture

Fonz, if everyone else left in the "market" is chained to their seats (401k sheep etc.), does it rally matter if the mob boss sets the place on fire and leaves?

just saying.

fonzannoon's picture

It's a legit question laws but it's good that the economy is picking up steam like Yellen mentioned so we will never have to find out. what a relief, eh?

Grande Tetons's picture

Look at the 30 yr....on the final turn...hugging the rail.....

Stoploss's picture

Moving everybody back, away from the launch pad..

The_Ungrateful_Yid's picture


Richardk888's picture

Yes, the price of gold and silver are both down.

Tried to go buy another 25 rounds at lunch today, but like always, the gold and silver shop were out.

Would not a drop in price imply there is an abundance in supply if you were using supply and demand as tools for price discovery?

Not to mention that if you do find it, you will likely pay around 25% above spot price.

El Hosel's picture

Supply and demand shall now be referred to as "the other relic" in the new normal, it really is different this time...again.

SoilMyselfRotten's picture

MUST KEEP GOALD DOWN......there fixed it, we know they're keeping down the fake shit

SheepDog-One's picture

Every day is a party from here on out for full retard lobotomized U.S. American stawk indexes!

JustObserving's picture
Stocks Up, Bonds Up, Gold Down

That's how the Fed's HFT computers are programmed.

i_call_you_my_base's picture

Like I said before, they rig the market up when the Fed does anything so that news media can claim that, "the market liked it." I hear it on NPR every single time. They say it verbatim.

Bernoulli's picture

Thank you for the post. Makes total sense.

El Hosel's picture

Fed Daze = Stocks up, gold, silver, and $vix down .... Its policy for fuks sake.

Quick....Who does cnbc have to blow to get an all time high on its birthday?

becky quick and her beautiful mouth's picture

has anyone noticed that almost all of the silver for sale these days is freshly minted stuff? it's like all of the old stock has been bought up and is being hoarded and the only supply is coming from freshly minted inventory. that makes me a little nervous, almost like somebody knows what is coming and is preparing.

Bernoulli's picture

Same over here in Europe. All brandnew...

astoriajoe's picture

If you look at Kitco's online store, they don't seem to have any monster boxes of ASEs in stock in the U.S., but are somehow having a sale on ASEs. Although they normally will give a size-based discount, they don't seem to be doing that now.

I've heard some dealers complaining about availability, but have also been talking about lowering their premiums.

EDIT: They've since removed the notice that the monster boxes are only available outside the U.S.  LOL.

hobopants's picture

Lcs here has a ton of the stuff new and old, but i live in an area where most people are far too retrarded to buy anything but fast food and video games.

Hohum's picture

A rising stock market means the wealth creators cannot create wealth anymore.  So pay no attention to it.

John McCloy's picture

This is the game for years as always and it never changes:

1) Keep Gold Down : CHECK

2) Keep Silver Down: CHECK

3) Tame Crude in the below 100 range : CHECK

4) Keep Bond Yields Down: CHECK

5) Keep the rhetoric Dovish with hints of optimism around the corner : CHECK

 If any og those above get to lofty smack the markets for 2 days to tame and THEN

 SNEAK THE S&P UP IN THE FUTURES..wait for a data miss then ramp S&P for anticipated further ponzi easing or good news ramps the markets.

  The script has not changed for 5 years + now. It is a confidence game and it will not change until they have an event beyond their control. These are what you would call upside biased markets the likes nobody has ever seen BUT they in fact just proof of centrally planned behind the scenes proof the Federal Reserve is acting as the largest hedge fund in history coordinated with EU Central Banks. 

   Look how far they will go on lies regarding everything else in attempts to start war in Ukraine, Syria and covering up Libya...does anyone here doubt they are buying stocks and naked shorting metals and crude futures?  FUCK Belgium is the front man now to take up the slack for lack of buying..where are they getting that cash? Well they are repoing trash to FED in an agreement to buy stocks...All an illusion and artificial stock prices...they just need as much of the public globallys cash as they can get purchasing into their fiction.


Bernoulli's picture

It's crazy though how little the "real economy" has followed the script. The FED people must be shitting their pants by now. They are like "fuck... why is the economy not picking up? we can't do this shit forever!"

quasimodo's picture

" we can't do this shit forever!"


I beg to differ, and the really scary part is I will probably be the one begging on the street someday, to differ. 

Son of Captain Nemo's picture

And if that event beyond their control takes place before said collapse?...

6) Burn down the Federal Reserve HQs and all 12 of the FRD banks : Check

7) Behead all the Federal Board of Directors and their staff with all subordinate delivered to FEMA gulags for "rehabilitation" : Check

Son of Captain Nemo's picture

So Janet explain to us again the $10 billion taper plans and how to reconcile with the 8,000 pound elephant in the china store regarding FNMA earlier today?

Anybody in the presstitutes corps willing to raise this contradiction at the conclusion of today's announcements from the Fed???

RealityCheque's picture

This "market" is doing a great disservice to the word "retarded".

Here's to the greatest nation on earth, defender of freedom and paragon of democracy. What a fucking joke.

Dimons jock's picture

"Stocks up" Yeah, except fucking AAPL .... jerkoffs ....