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Today's WTF "All Clear" Indicator To Buy Everything
Does this look in any way normal to anyone?
Certainly seemed like someone is was in a hurry to dump VIX futures contracts at the open... (and that rippled down to the spot VIX)
And as Salient Partners' Epsilon Theory notes,
1M implied volatility on the VIX fell to an all-time low last week. Generally speaking, this means that options on short-term market volatility increasing have never been cheaper.
How is this possible, you ask, with outright war simmering in Eastern Ukraine and China flexing its muscles in the South China Sea? Because Mario Draghi is "signaling" that he's going to launch a European version of QE. Because the Narrative of Central Bank Omnipotence has never been stronger, and for markets this is the only thing that matters. Because we continue to live in the new Goldilocks environment, where mediocre growth is not so weak as to plunge us into recession but not so strong as to take central banks out of play. If the news gets a lot better the market will go down, and if the news gets a lot worse the market will go down.
But what I call the Entropic Ending, a market-positive gray slog where global growth is more-or-less permanently crippled by the very monetary policies that prevent global growth from collapsing, can go on for a looooooong time.
and how to tell when this starts to change...
How can you know if this Narrative starts to waver or shift? If and when gold starts to work.
This is what gold means in the modern age... not a store of value or some sort of protection against geopolitical instability... but an insurance policy against massive central bank error and loss of control.
And gold and silver started to work today.
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no
I'd say silver "starts to work" above $25. These moves look like like the rest of the market. Choppy.
Earnings season is winding down and it's nice out. Those two factors should be good enough for 2,0000 S&P.
You put the comma in the wrong place, fonz. It should be after the first zero, not before it. S&P 20,000 sounds about right to me.
Imagine this. You went into the hospital for surgery. They finished the first surgery, and you're in recovery for a few days to weeks. You don't feel very well, and the doctors learn that you have another tumor that needs to be removed, so the doctors decide to do another surgery that will save your life. You're happy that they found the problem, and you're glad that you're going to live. But most people will NOT celebrate this news.
Drag-e decides he needs to do more intervention to keep the patient alive -- and the market celebrates by driving the SP500 to new highs!?!?!?
This makes perfect sense to me!
The bitcoin charts look much more logical, and that's a real free market with anything-goes "non regulation" (includes manipulation by whales).
Fuck Bitshit.
No, fuck you moron. Bitcoin is putting in a floor in the low $400's and if the pattern holds we will soon be rallying again.
But. but you said the floor was 500 last time.
Which is it? 400? 500?
Will 300 also be a new floor???
It would appear that there is a stair step of sorts.
It is going down..
Fortunately, fonefuck knows all about that, eh?
Who fucking cares whether the final floor is at $358 or $440 dipshit? Is fonestar going to care when your precious gov-bitch "dollar" is 1/1,000,000 of a BTC?
In case some have forgotten...
https://www.youtube.com/watch?v=AM9V9GEjoy4
Yeah, that video was released eleven months ago. What was the price of Bitcoin then? Maybe you should have listened to the video and bought the fucking Bitcoin dip?
fonestar...."Give me attention. Please give me attention!! I have nothing to contribute, but I like cluttering up these threads as much as I can. That's my job, and this is what i get paid to do."
Who would pay fonestar for this? This is a service sector economy and fonestar is providing a service for free.
Why do you continue to flog a dead horse on ZH? No one here gives a shit you know...
It's not fonestar's fault that Zerohedgers are too stupid to see Bitcoin IS the game changer.
I see the DOW topping out at 36,000. Now put that in the bank, bitches.
Who would pay fonestar?
yes , now that ZH sold out we have fonestar instead of francis sawyer. no free speach in fight club anymore. Who owns ABC Media anyways?
Who would want Francis Sawyer when you could have fonestar?
fone it would be more fitting if you would refer to bitcoin as "my master" from now on.
You want government silver money? You want government "gold backed" money? You want government paper money?
The point is you want government involved with your money, so eat shit and die in vain.
No, I simply want physical Gold and Silver (and lot's of it). You can keep 'your' money. Obumbler said so.
fone it would be more fitting if you would refer to bitcoin as "my master" from now on. Bitch.
Yes, especially buy more Bitcoin. Buy Bitcoin at any "dollar" level. If your head gets cut off, buy more Bitcoin.
Oh, but most people here could not download an executable, double click on it and sign up at btc-e or localbitcoins. So scratch that...
Looks like you made a poor investment decision in bitcoin and are angrily defending it. Sorry. Cut your loses.
Think for a moment, will any government/banker allow a currency they don't control to run amuck? Go through your stages of grief faster and cut your loses sooner rather than later...
Good luck
fonestar has been in Bitcoin since $16 fool. fonestar has only spent a few of them over the past years. fonestar will still be extremely angry at $1,000,000 BTC.
BITCOIN
One trick pony
Insert one satoshi to ride the wild horse.
16bY6d2wisEZ78pU6UaYf6fedmN4fBhsfF
Based on your block chain spending patterns, it looks like you are a coke head. These regular increasing withdrawls look like eight balls you are purchasing at an increasing rate that matches cocaine addition. What say you Fone, are you addict? Your spending pattern is an exact match for someone deep in depths of an addiction. It honestly looks like a cry for help.
http://blockexplorer.com/address/16bY6d2wisEZ78pU6UaYf6fedmN4fBhsfF
Why does it matter what drug(s) fonestar and his PAL are on? fonestar has provided the smart, thinking part. All you need to do now is:
BUY MOAR BITCOIN!!
Awwww man and we were doing so well with stuff staying mostly on topic. This thread done got bitcoined...
At today's prices, it seems fonestar has burned through almost $11,000. I'm sure that when bitcoin was only $4.00 or $5.00 per, it would have been different. Probably not a coke habit, but maybe weed. I sure as hell could have found other uses for this funny money.
Take the purchase of silver ingots in either 1 or 10oz varieties. Eleven grand would be a nice addition to your stack. I'm trying to see what small transactions; sometimes over 8 a day could be used for. Maybe weed.
You know, I think there are people called "dealers" who accept cash payments for this. Just thinking out loud here.
That's my point, you can trace when he needs to reup. $11K, I don't think it's weed. Maybe he is dealing weed, but only to carry his coke habit. Take a look at his spending, and draw your own conclusions.
Yep. And only PINKO COMMIES, SOCIALISTS, and FASCISTS are buying (besides FOOLS, of course!...
In a fascist oligarchy run by kleptocrats, that chart is totally normal. As time goes on, it will numb people into thinking that the fascist state that they label a "democracy" experiences these types of anomalies.
100% rigged, manipulated, gamed, and controlled. Nothing has been allowed to go bankrupt since 2008, yet intervention daily in these markets is warranted. That's the sign of a healthy market.... lol.
It's such an obvious joke. Fuck you Bernanke, you lying pos.
Anything goes when nothing matters. Until it does.
That's how we got the ass clown we have for "president" and the country run by a bunch of slime ball banksters.
I'll take Yes for 400 Alex
the thought crossed my mind that it is normal because it is going on 5 fucking years of this phoney bullshit.
now, if i could manipulate my little world to react as i wish...
maybe some serious bitch slapping to "get er done".
fut the wuck...
blah blah blah
At current stage it seems that the only best strategy is to buy any risk asset out there and get out only then once the SP500 has touched down on the dark side of the Moon. This market is completely ridiculous.
Gonna now go down to my cellar and smell my shiny gold...
BITCOIN
Well, Justin Timberlake said "I am America.", so can we assume that he works?
He might make Opie mad with that narcissism
BITCOIN
TWAT
SEMPER FONESTAR
Prosaic.
Jeez, at least MDB was worth laughing at.
somebody forgot to take their medications
BUY YOUR BITCOINS TODAY!
i got some digital shit you can eat...
Nobody wants your shit you digital "dollar" sucking whorebag.
I hope not. I just dumped the S&P index fund from my IRA, sold out at 1895 today. Set that account up 10 years ago, and my dad had it to just track the S&P. watched it cut in half during the 08-09 period, not doing that again. Im withdrawing the prinicpal since i don't have to pay taxes on it, leaving the rest in there as cash since I really don't know what the hell to do with it. Maybe I will buy DUST, so that and my other brokerage account with gold miners in it can fight it out....
Yeah, WTF? I have seen Ag and Au move lots more in 1 day (usually Down, haha).
Au @ 1400, Ag @25+ then you have something.
looks 100% completely normal to me, not sure where you're having trouble here
Yeah!......I thought we were in the New Normal.
What gives?
Were not going back to the old normal are we?
it's kind of like trying in vain to get that feeling back on your 3rd day of a coke binge: it takes way more to get much less.
Sounds like Fonestar ... queue the idiot in 3, 2, 1
This makes sense. The market will move up until a few months after QE ends. Then, it will crash and allow for another round of QE. AT some point, likely one to two years into the next "recovery," gold will start working and the fallacy of fiat will be revealed. Should be likely in 2016, we see the next crash. 2018 - 2020, gold will become currency again.
I will sit and buy my physical slowly every quarter with my paper profits.
Thanks.
meow - http://hedge.ly/RrsXVA
It looks perfectly normal...for this market.
Gold always works...unlike fiat-based economies...
No. But you (as in someone else) can swig down a liter of tequila, put on your Google Glass, and stick your head up your ass...then maybe.
perfectly normal
1. first they pump up stock prices with taxdollars
2. they destroy the economy for everybody to see. no. still 80% doesn't see anything yet, believe me.
3. They panick everybody into stocks. a bailin treath? Inflation treath? Direct account confiscation and turn te cash into stocks?
Or via pension funds?
4. they sell their cheaply bought stocks for megabucks
5. when they are out and everybody is in, willing or not, they crash the market.
6. They buy back on the cheap what didn't go bankrupt.
There's simply to much effort being but by politicians to get people to buy stocks for not to believe this option.
That makes perfect sense. ...that's what I'd do
me too.
I am holding cash in the account & will buy when blood is in the street.
Makes total sense.
Well, it worked in 1987, and then again in 1999, and again in 2001, and once again in 2008.
So, why not again in 2014-15?
so if it works, haha, get glued to ten devices and nerve the fuck out not knowing when to short, piss or shit-no fucking thanks...
after being subjected daily to erectile dysfunction commercials for the past decade, that chart may not look normal but it feels normal Mrs. Robinson
Nirvana. How can anything possibly be amiss. The new Paradigm.
Looks pretty much like every day in 2013
There is a difference, or two.
1) QE is reducing
2) Oil is $100+
and calling an industrial index, when 1/2 of the companies are not industrial?
the only "thing" obama has going for him is stocks. the peasants that still have retirement accounts >$10000 are happy. so, the top 1% are happy because they get direct handouts from the Fed and then the next 19% are making some money because 401k is increasing. everyone else: is fucked.
Another fat thumb.
Define "normal".
meeting lower and lower and lowest expectations ?
Elizabeth Arden posts $40 million miss on expected break-even revenues and the stock is shut down.
Rackspace does better than expected and it is open to buy!
This is not a market.
The "new normal" began March 2009.
Yes, correct. 2009 is the birth of Bitcoin.
A whole new world. A funky, crypto-feeling.
Fuck you.
No fuck you, you moron.
Nice reply, how long did it take you to think up that beauty?
Comrades! With Glorious Central Planning, the Politburo has decreed stocks will only go up!
Forward!
There hasn't been a damn thing that's looked normal about these markets since 2009.
In fact there hasn't been a damn thing normal about US markets since 1929.
The Money Trust had its secret meeting on Jekyll Island in 1910. Three years later it had acquired control over US markets and economy with the founding of the Federal Reserve. Troubles had began to emerge starting 1919.
"Elizabeth Arden posts $40 million miss on expected break-even revenues"
Bullish. As contraction continues they ramp the market higher.
After hitting your head against the wall a few times it makes perfect sense.
One wonders if all the crazy market behaviour comes from traders out of Germany or England.
Why?
Because he's a Queen?
That's the power of a 3B POMO. You all should have marked your calendars when ZH published the May POMO schedule - it's like a crystal fucking ball for knowing which days are going to be up days and which are going to be down. For those who failed to do that - No POMO on Thursday, so make a note now!
Jesus Christ. I just realized I haven't been here all day.
I did watch Melissa Francis, though. She's fucking nuts. But in a good way, if you know wwhat I mean.
Like she's into ATM kinda nuts?
The Federal Reserve with all of its information knows exactly where all the stops are that will force the shorts to cover. A quick slam higher will trigger them and the rest is history.
WTF = THE NEW NORM
In Newspeak it all makes sense. Reason is treason. Honesty is a policy to get you beaten...to a pulp. Why can't we have a river full of bloated dead banksters?
"request procedures to terminate alien"
-"does not compute"
http://horrorfanzine.com/wp-content/uploads/2010/09/alien-11.jpg
(link opens in new window/tab)
how about the Bear in the Headlights MEME?
Of course you "buy everything", if you're using QE and OPM. You'd be psychotic if you didn't.
It's all about converting "fiat Debt Obligations" papers (QE, USTs...) into something that will either withstand the Monetary Reset (Dollar gets dethroned as GRC), or will generate a revenue stream also.
If I could force people to accept my bouncy, trouncy, flouncy checks, I too would be like Tigger and be having fun, fun, fun, fun fun. And be the only one. I too would be buying stuff all day long, and party "All night long".
BTW, in spite of all the Boom & Gloom and Doomsday porn charts, I'll bet you that shrewd and active investors WILL have time to head for the Fallout Bunker, rather than live there 24/7. Only the paranoid and scared sheep need to live inside the bunker. Bet you anything that you'll have time to cash in.
p.s.
Kirk's portfolio: 25% PM bullion, 25% cash, 25% in rental properties and 25% in mix of paper assets (global stocks and business bonds)... held domestically and abroad. Also have second passport (not a 'target' country), a decent larder plus G & A for Plan A, and a Plan B (Escape Plan via Land, Sea and Air). Sleep much better that way. Can you say "Asset Allocation and Risk Mitigation"?
Fuck the Boom, Doom and Gloom porn! And fuck DC, fuck Wall St! Bring it on, MFers!
Good plan, especially the dual citizenship.
But you need to expand your Doom Planning:
http://www.today.com/health/red-wine-chocolate-better-health-maybe-not-2...
What no guns and ammo? WTF? You need to diversify. BTW I've been consistent in saying, if you have the disposable income take advantage of the free currency the fed is giving us, peel off profits, and buy PMs.
Sure it looks totally normal here in Full Retardville.
Look at $NG for a good lol.
"If the news gets a lot better the market will go down, and if the news gets a lot worse the market will go down."
You're confused right? You mean UP right?
The "market" figured out that Blowjob Barry is gonna let all of Eastern Europe join the New-S-S-R, no questions asked and no bullets fired, so it's all good. It's all clear to buy what's not bolted down!
The stock market is the only thing saving Teflon Barry (thanks to the FED).
That chart looks like Fed desperation.
GREAT article on where this is all heading:
http://www.marketoracle.co.uk/Article45557.html
You don't expect a crash everyone see's coming, do you? Have faith and stick with me.
what could possibly go wrong with a 3.5 foot white haired garden gnome at the helm? she is getting help from her cousin, lucky the leprechaun, who i believe resides in belgium. with a little added pixie dust from her distant cousin, tinkerbell, all is good in the world. and they are all further backed by rich uncle pennybags. i dont know about you, but i'm buying.
Yes this makes sense. Today is the day the Fed was scheduled to contribute billions into the market (so you "feel" richer and spend more money). Can someone say Ponzi scheme.
Wow it must mean something. Totally wow.
Gold and silver "started to work" today? Like the other two times in the past few weeks gold crossed above 1300 before getting smacked down again in a couple days? This is pathetic garbage. Call me when gold is above 1400.
As for whether the move in spot VIX looks normal, it's a calculation difference. It's referencing different S&P expiries. It doesn't actually mean much. And that happens all the time (VIX spot calc gapping around).
Yes it is about charts and computer driven lust! Damn the reports of ebbing growth and problems across the world, FULL SPEED AHEAD! Leap before you look! Do not wonder if we have become to complacent to the dangers before us as asked in the following article.
http://brucewilds.blogspot.com/2014/01/have-we-been-lulled-into-complace...