Spot The Start (And End) Of POMO

Tyler Durden's picture

Still unsure of whether tin-foil-hat-wearing blogs suggesting central bankers are directly buy stocks is just another wonkish conspiracy theory (if yesterday's report was not enough proof), we offer today's "market" with some helpful hints at who (or what) was responsible for stocks 10 point surge...


Spot the end of the Fed's Permanent Open Market Operations...

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alien-IQ's picture

has cnbc mentioned the FT article? (I don't watch cnbc so I don't know...)

Hippocratic Oaf's picture

Unfortunatly, I have to watch CNBS

They just blamed the dip on Iraq

On the other side, they want you to believe in fundamentals

Just keep buying

Just keep buying

Just keep buying

Just keep buying

Just keep buying

alien-IQ's picture

If your job requires that you watch cnbc, I really hope they are paying you boatloads of cash.

in some places, that could be considered a form of torture.

BeetleBailey's picture

Jesus H. Christ YES...

fuckin mute it if you can for the data alone...

Your job MUST HAVE A TORTURE CLAUSE in the employment contract....fuck.

Even Mandy Drury's baps on mute still are....baps....the odd sliver of Santelli, but fuck.....

I mean....fuck

Say What Again's picture

As of 13:25 EST, ES is back up to 1931.

Its hard to fight the Global Central Bank Cabal.

Print / Buy / Drink

Rinse and repeat.

optimator's picture

I used to watch first thing in the morn to catch the futures, but just looking at Quick for a few seconds ruined my day.  Lies man & yelling evil twin I could take (with the sound off).

Hindenburg...Oh Man's picture

I think I would pass out from shock if I saw CNBC actually do a piece on something as incisive as that FT article. 

orangegeek's picture


101 years and counting's picture

POMO to be cut again on Weds.  Will it be only $10B, or will Janet shock the world and cut the amount of money the US prints by an astonishing $15B per month.  How can we survive if we only print $30B every month.  The Horror, The Horrow!!!

THX 1178's picture

they could contract the money supply and some "belgium" or some other "belgium" would pick up the slack. They will not allow interest rates to rise. period. 

But you know the fact that they are tapering while buying insidiously means they are desperate and the end is very very near.

LawsofPhysics's picture

"Tapering" you say?  Your are correct to call "bullshit".  Show me the balance sheet motherfuckers, show me the "taper"...

canonball's picture

Belgium must be taking a nap 

canonball's picture

Belgium must be taking a nap 

order66's picture

Just glad our markets are unrigged.

Unknown Poster's picture

Tomorrow is Tuesday, BTFD.

SheepDog-One's picture

Wait, you mean some people are still believing DOW 17,000 is just due to generic retail housewives buyin stawks? My goodness, we're far more screwed than I even imagined then.

GolfHatesMe's picture

housewives and target date funds

I Write Code's picture

They post their working hours?

Dr. Engali's picture

It's Iraq's fault.

pods's picture

Evidently Doc that Miss Teen America sort of got her wish.  Just turns out that the maps went to the bad guys in THE Iraq, and they are using them.


LawsofPhysics's picture

PIMPCo has always been a Fed front-running operation.  Bill is the Fed's "planned oposition".

I have seen his digs in Corona Del Mar.  Trust me, he's doing just fine...

FYI, they are still printing 45+ billion per month....

disabledvet's picture

So much for stimulus.

What's Plan B again?

alien-IQ's picture

I'm pretty sure plan B is to repeat plan A.

SheepDog-One's picture

$45 billion a month? I'd double that, then triple it!

JRobby's picture

Bill is July's poster boy for euthanasia. You can't take it with you.

Duffy Duck's picture

Well, I mean, jeez, fellas, all we have to do is ask M. Yellen if we can take a look at the Feds books, and any physical holdings...  Who could doubt she'd agree, if for no other reason than to shut up the tin foil hate crowd?

timmeh's picture

back to green in 10... 9... 8...

vote_libertarian_party's picture

wait for it...wait for it...


It is the weather IN Iraq.


Winner, winner, chicken dinner!

Yen Cross's picture

   Look at these yields on the French BTF auction earlier. What a joke...Draghi going to negative rates just made banks pile even deeper into the European bond market.

        EUR         French 12-Month BTF Auction     0.025%           0.081%      
      EUR         French 3-Month BTF Auction     0.001%           0.081%      
      EUR         French 6-Month BTF Auction     0.003%           0.079%    

LawsofPhysics's picture

Indeed, the banking fucks are front-running themselves...

disabledvet's picture

That's what a financial nuke looks like after detonation.

Now we'll see how hard they'll fight for their land.

"The Jihad is coming."

Amish Hacker's picture

Calling this fraud "permanent" just seems like wishful thinking by the ptb.

JR's picture

“They’re buying their way in with counterfeit money.”

That’s John le Carré  in Tinker, Tailor who wasn’t talking about the Federal Reserve, but the phrase fits the market manipulation by the banking cartel like a glove.

Tyler’s revelation yesterday of how a Polish central banker not only can control the currency market but can control the politicians, demonstrates what’s going on. And if someone does something they don’t approve, the first thing you know he's out of office or there’s a new regulation covering the situation.

Yes, conspiracy theories have become truth.

This counterfeit produced out of thin air in whatever quantities needed not only wipes out the estates of the people but it purchases markets, and politicians and it purchases countries; and with this counterfeit money these tyrants will buy and own the entire world.


Colonel Klink's picture

Simple solution, execute fiat printing Central bankers.  Carrying it out is a bit more difficult since they're protected by the other parasite class, the corruptable politicians who are backed by the military and police (who just follow orders).

TabakLover's picture

Hey ZH.  WTHell!  You were 23 mins early on the daily bottom.

Market Rage's picture

I think there will be selling this afternoon.  Hoping to hold short into Wednesday's close.  After that they'll most likely crush volatility into opex.  Hate this f*cking market.

KnuckleDragger-X's picture

Thank god the "smart" people are in charge... /s

Cthonic's picture

If you live with apes, it's hard to be clean.

jubber's picture

just look at that fucking ramp, what a pile of shit, Gold down and Oil flat but this $60 Trillion ponzi scheme marches on

teslaberry's picture

no one is fooled about pomo.

the conspiracy is how the fed is printing money off balance sheet to buy up the the dip in the market AFTER pomo closed.

tnfcfa's picture

Simplified, Fed sells volatility to Citadel.  Forces Citadel to buy stocks to offset long vol position.  Market goes up with culpable deniability of buying stocks.  Repeat into perpetuity.

tnfcfa's picture

Simplified, Fed sells volatility to Citadel.  Forces Citadel to buy stocks to offset long vol position.  Market goes up with culpable deniability of buying stocks.  Repeat into perpetuity.

edaguy's picture

Dumb question.  How do you know when POMO actions start and stop? (yes, I can read the chart, but is this a guess or does the Fed follow a published schedule?)   Been trying to read up on POMO but most sites talk about the what, not the how.  Pointers to good sources would be appreciated.