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The JPY Momentum Ignition Is Failing

Tyler Durden's picture
Submitted by Tyler Durden on 05/30/2014 09:20 -0400



 

Long-dated bond yields are lower this morning but that is not stopping 'them' from smashing JPY lower to try to spark yet another pre-US-open ramp in stocks to run stops and get the momentum going once again (as they have for the last 6 days)... except today - so far - it's not working...

 

 
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Fri, 05/30/2014 - 09:24 | 4809129 BeetleBailey
BeetleBailey's picture

so far.....key phrase

Fri, 05/30/2014 - 09:41 | 4809170 spastic_colon
spastic_colon's picture

TPTB are saving it for Monday........they already have a positive May.

 

::: : : :: ::

Fri, 05/30/2014 - 09:25 | 4809130 LawsofPhysics
LawsofPhysics's picture

Devaluing the Yen?  Shocker,  worthless paper chasing even more worthless paper (seen the moves in the treasury market lately?)

 

Completely expected, unfortunately exponential equations are a bitch.

Fri, 05/30/2014 - 09:26 | 4809132 Dr. Engali
Dr. Engali's picture

Give it time. They still have the vix to smash yet..... oh gold too.

Fri, 05/30/2014 - 09:27 | 4809134 AccreditedEYE
AccreditedEYE's picture

Oh, wow... Ya, look at that. Maybe if you're lucky "they" will give you -.35 bps for the session so you can go into the weekend feeling a little better about yourself.

Fri, 05/30/2014 - 09:28 | 4809137 GolfHatesMe
GolfHatesMe's picture

Paging Kevin Henry....

Fri, 05/30/2014 - 09:31 | 4809147 _ConanTheLibert...
_ConanTheLibertarian_'s picture

FAIL MOTHERFUCKERS

Fri, 05/30/2014 - 09:32 | 4809149 Ness.
Ness.'s picture

S&P down 1.75

 

PANIC!!!!  Buy you motherfuckers, BUY!!!

 

 

Fri, 05/30/2014 - 09:50 | 4809199 GolfHatesMe
GolfHatesMe's picture

2!  And its gone....

Fri, 05/30/2014 - 09:35 | 4809153 Dr. Engali
Dr. Engali's picture

Another Yahoo gold attack:

 

Dump gold and buy this instead: Portfolio manager

 

http://finance.yahoo.com/blogs/talking-numbers/dump-gold-and-buy-this-instead--portfolio-manager-222354806.html

Fri, 05/30/2014 - 09:50 | 4809200 Winston Churchill
Winston Churchill's picture

Improvinng US and Euro economy.

Really. This guy should be working for Barnums.

Fri, 05/30/2014 - 10:29 | 4809310 ReactionToClose...
ReactionToClosedMinds's picture

who is the more active propagandist:   Yahoo News or B'berg ......?  just askin'

Fri, 05/30/2014 - 09:42 | 4809172 HUGE_Gamma
HUGE_Gamma's picture

ES down 0.20%, ohh the humanity!!.. time for the deer in the headlights meme

Fri, 05/30/2014 - 11:17 | 4809511 pound the vix
pound the vix's picture

Kck save and a beaut!  These guys are better than the Rangers goalie

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