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Tepper Tantrum
From record-high exuberance to reality-soaked dysphoria in 2 short days... if you listen carefully, a million asset-gethering talking heads are screaming for a Tepper retraction...
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" if you listen carefully, a million asset-gethering talking heads are screaming for a tepper retraction"......
Or.... if they were position correctly, they are laughing their asses off right now at all the "experts".
Uncertainty is unacceptable.
http://www.zerohedge.com/news/2014-04-28/key-events-coming-very-busy-wee...
Mon, 04/28/2014 - 09:15
"The 30 year nearby bottomed around 128 in December.
The next leg up begins in earnest next month.
Watch the line drawn from the weekly tops in 2012 and 2013."
http://www.zerohedge.com/news/2014-05-08/yellen-testifies-senate-live-we...
Thu, 05/08/2014 - 10:02
"But this year, "sell in May and go away" is the year that old saw has sharpened teeth."
Hedgies standing their Tepper-pedic mattresses against the windows
Not that it can be precisely measured but a graph of the divergence between actual living conditions for 90% of the population and the MSM/GOV reported living conditions can only spread so much.
Don't give that fat fucking fucker any credit!
This is good news, sheeple.
Great opportunity today to BTFD.
Probably market will stage a tiny rally soon. The move is a bit exhaustive, although not extensively. But the H&S pattern in the Russell has already begun to break down. Can QEternity save the russell again? Or do we get that overdue intermediate correction?
This week in general is pretty light on QE, next week will be substantially heavier, especially early.
http://www.newyorkfed.org/markets/tot_operation_schedule.html
It's noteworthy that, in addition to it being Tuesday, the 20th will also have a pretty large buy. Generally, the buying seems heavier the last two weeks of May.
Oh, May 20th. Thats also the day that Putin visits China and the Saudi Princes diplomatic mission is scheduled with................................Iran.
Hey wait, I thought you guys hated each other? You know the old sunni shihite old sckool, new sckool thingy where you guys don't want to look at your ugly women's faces but the other does?
I know stuck in middle kingdom and all, but would you guys just pick a side so we can get this party rockin? My Snap card only has 3 more months and after 6 years, I can't hold out much longer.
Exactly. CNBS always finds a new way to spin "the world is ending" and get fools to hand more money over to hedge funds. We aren't even down 150 bps and people are getting emotional. If you need clarity, look how close we are to "all-time highs". Just Buy The F-ing Dip.
Cramer's EKG?
OH SNAP
Tepper? Is Mr. QE Taper's brother?
Jaw dropping heat map
http://investmentresearchdynamics.com/wp-content/uploads/2014/05/Untitle...
Not working and not paying is in vogue Hence the numbers look rosy
the bonus....No property taxes either!
And, no income taxes if you choose Florida as your 'home' to default in!
This problem seems easy enough to solve, the Fed can just declare every day is named 'Tuesday' from now on.
It's a fakey - why did they not do this risk-off move yesterday when they could have collected triple-rollover for carry-trades?
But, but this is part of the SNAP program....
Pound the table. That usually helps. Just don't knock over the coffee.
Everyone has been scared off Bonds for 6 years and yet this Moron assumes that there are massive sellers waiting to dump HOT FUCKING AIR on to the Fed? You did notice FUCKING PUTIN DUMP HIS TREASURIES BY. HIM.SELF! you do realize that the blackeye peas is not just will.I.am? And CHINA let your majorist meme FUCKING PASS?
I predicted last night at the first ZH article that Tepper would be walking back his comments on CNBLewinsky this morning. Looks as tho I was off by a few hours.
Look at ZH this morning! WTF?
Dumps
Declines
Plunges
Breaks
Tumbles
Plunges
Breaks
Tumbles
Disappointing
Misses
How else you goiung to get a dip to buy?
The balls are definitely off the wall.
Question is, are they dangly, or fully retracted?
It's Tuesday somewhere.
This is a battle between the Bonds and the Stocks....who is right??? Who is going to win???
Bonds always get it right... eventually.
Bipolar USSA
GS is just chuming the water to bring in some new shorts for a later squeeze.
Look - it's a toilet seat!!
I felt a great disturbance in the Force, as if millions of voices suddenly cried out in terror and were suddenly silenced. I fear something terrible has happened.
http://www.youtube.com/watch?v=UA0kNGaYrtgThey have every right to cry out in terror, lets hope they are not suddenly silenced. (Except by the MSM)
at least 'all hail the Tepper' brings out something to read here
Go Steelers.
listen to "Tommy" Tepper... ONLY USD will save you!!!....
http://finance.yahoo.com/news/appaloosa-tepper-says-hold-cash-132021064....
I just came here to post that, Son.
Here's the (head)line I enjoyed:
"David Tepper, founder of $20 billion hedge-fund firm Appaloosa Management, said he's nervous about markets as the U.S. economy isn't growing fast enough amid complacency by the Federal Reserve."
So, I guess we need mo' money printing!