This page has been archived and commenting is disabled.
Bad News Is "Bad" News - Stocks Drop, Bonds/Gold Pop
It appears the sad reality that a consistently tapering Fed won't be able to support this fairy castle with words (forward guidance) alone as - rather unusually -this morning's double whammy of bad news has been taken as "bad news" by the market. Thanks to decisive break below 102 in USDJPY, stocks are dropping and bonds are rallying. Gold and silver are well bid (as copper and oil slide) and the USD is fading fast.
»
- 17126 reads
- Printer-friendly version
- Send to friend
- advertisements -
No one could have predicted this.
nothing makes me happier than watching longs lose money and me make money short...
Yae, so what.... World Cup!
I am wondering if there will be another down revision
Stocks down = bullish.
Stawks down?!? You must be delirious. With this splendid and ever improving news, stocks will be at new all time highs by the end of the day!
I live in Colombia...we are rockin
Revenge of the muppets?
stupid shorts never learn. tsk tsk
True. If this doesn't teach a lesson, nothing will. BTFATH!
whatever happens "they" will not allow anyone but themsleves to make money on the way down. If you short stocks/indexes "they will know it and even in the midst of a terrible bear "they" will orchestrate wicked rip your face off rallies to take your money. If you use options "they" sell those, "they" set the price, and "they" rig them for MAX PAIN. the only way to win is not to play [/wopr]
Exactly. I have been trying to hammer this point home. When the rug is finally pulled nobody except those in the club will profit from it.
Buy equities use as collateral for margin long gold. Win/Win.
Yeah I guess you showed us with the 'market' being down .5% after 200% gain. I'm crying all the way to the PMs dealer.
It was a really bad winter. Definitely worse than 2008 when every bank was going under and the financial system was being vaporized and everyone lost 35% of their retirement funds and home values. But I remember thinking "hey, it's not so bad, I think I will spend some money". But this past winter we got snow that one week and then the following week we got some snow again and I was all like "wow, this is really bad. I am not going to spend money".
I live in the northeast and we were pummeled by snow as well, but I spent money like crazy.
We're saved!!!! http://bloomberg.econoday.com/byshoweventfull.asp?fid=461224&cust=bloomberg-us&year=2014&lid=0&prev=/byweek.asp#top
Did someone get the GDP data yesterday? Stocks opened up and then ran down. Hmmmm.
I love rhetorical questions
What if we lived in a world without rhetorical questions?
sure, that's right, "they" have only known since yesterday. :roll:
In other shocking news, CNBS is still yelling buy, buy, buy, because stock prices are still low and the Q2 data is trending up. I hate to give the story away, but when the Q2 numbers come in at -2 they will be shouting don't worry about the number, look at the trend.
If they still showed the 3 stooges on tv I'd be watching that but CNBS is a good substitute.
love the looks on their stupid faces on a big down days. obviously i haven't watched in quite some time.
that's OK, they just forming the dip
but, but, bondzilla! bwa ah ah!
dont worry. it will be fixed when the Fed prints another 2.5B and gives it to dealers this AM.
Yup. No worries, the Greenspan/Bernanke./Yellen put is bigger than ever. Sometime around 3pm, they will be waving it around and pointing at it.
Didn't work yesterday.
I thought tptb would wait until after quarter day before a market correction,
now I'm not so sure.
i don't think they can control it like they did, outside forces are messing with them
Well stated. The Federal Reserve Dealers need their EBT Card refilled.
Helsinki Syndrome
You have to be a real f$%%^g idiot to bet that interest rates are going up, or you have to be the NY FED. Then again, you could be both.
Every Aussie I speak to is convinced the next move by the RBA will be up (at 2.5%). I'm sure theres money in shorting AUD against USD or GBP.
What happened to yesterday's Zerohedge call on DUBAI?? The end of the world horseshit averted in silence once again!!
I'm more interested in how the Middle East expects to sustain its population in an era of depleted and/or higher priced oil. The desalinisation plants and air conditioning will become too expensive to operate economically and their economies are based almost exclusively around oil extraction. The local population barely recieves a basic level of education, and who else would want to live in an arid shit hole?
@RadioactiveRant
&
@Lewshine
Reports such as this highlight the ever increasing infrastructure risks we face.
Dubai and all "Arid shitholes" are way too far down the supply chain - if and when something fails...and the greater the complexity......
(report is prepared for USA - applies equally to other complex infrastructues - especially where ALL food is imported!)
http://www.lloyds.com/~/media/lloyds/reports/emerging%20risk%20reports/s...
Fuck em! They deal in toilet paper then get surprised when they find shit on their hands.
China state copper firm chief jumps to his death following corruption allegations: report SCMP
i still remember the day jon corzine jumped. oh wait...
The two handprints on his back are surely his own.
"Jumps". That's our story and we are sticking to it.
Just wait until the 3:00 PM invisible market propping hand makes a surprise visit.
We're going to have to start earlier than that today. I expect the Europe close algo to be long and strong.
Bad news is now bad news? Let's see.
Wait... You mean bad news is actually bad again?!
OH FUCK! What the hell are we gonna do! Waaaaaaaaaaaaahhhhhhhhhhh!
don't bet the farm. the jury is still out on that one.
how come no one on here has gotten it through their neanderthal brains that the only thing that will take down the market is actual growth. I may not do it just yet but you can bet your ass I will be btfd. I will grab some bawnds too. SPY yielding 2% plus and some 10yr UST's at 2.5%.....fantastic.
+1 we already know that the fed won't raise rates until oil tops $150/bbl. simple really.
Not you buzz, hit the wrong reply. Above.
Because we are cheap skates who protect our assets. Greed / risk is not in the cards. 2008 face palm back at you.
this is a lifetime buying opportunity here folks.. 1935 are the generational lows right here
gold doesn't pop, it runs into a wall at $1320 and fails for about the 50th time in the last two months. It cannot get through there and thus, has only one way to go if it cannot. If gold cannot get through $1320, it will go down with stocks, that is the plan and anyone who thinks otherwise is kidding themselves.
good to see u have noticed the phony trend as well...and Silver will trade sideways right under the mgaical manipulative number of $21...
got my cart ready to go over at Apmex...hold your positions...
Bankers getting lazy? http://bloomberg.econoday.com/byshoweventfull.asp?fid=460773&cust=bloomberg-us&year=2014&lid=0&prev=/byweek.asp#top
Years ago...this kind of news would have dragged the markets 3 percent lower
Today- manipulated markets probably the fed will buy and keep markets up
or maybe will go up
anyway i am heavliy shorted....lets hope for a crash
Bring it on!
Buy the fucking dip!!!
https://www.youtube.com/watch?v=jllJ-HeErjU
I think the streak of 47 consecutive days +/- <1% change in the S&P is over. Tylers did it again.
It is funny how now any news does not move the markets....they used to...not anymore....the market is so rigged..it has its own course....and we the sheeple do not have that map....strange really..it is really getting wierd watching this.....every day its up up up
Who needs a map when the markets only go up?
This is all rearview mirror stuff. We need to look ahead.
In looking ahead we see things are improving.
Remember, the VIX is still low.
It is a stock pickers market. Liquidity will find its way into risky assets.
There will be a cyclical rotation out of profitability driven stawks ---
Into bankruptcy driven opportunities.
QE will morph into Business Support or BS.
Don’t fight the FED!
I don't want to live in a world where bad economic news causes stocks to fall.
I think there was a song about that:
"If an artificially bullish market is wrong, I don't wanna be right."
Not so fast Tyler! GREEN across the board!!! Yeeeeee Hawwwwww!!!!
Who says Crony Communism doesn't work????
Hanes Brands up 10%. Makes sense; with all those red numbers this morning, a lot of bankers are going to need new underwear.
Bad news has turned into good somehow...hmmmm
That "news" dump didn't last long ... Dow UP 36!
Janet is putting on her wig, lipstick, and high heels for the next performance, no doubt!
X3 short NQ100 FUT @1799
some change for tommorow...
never go short, stupid! hehe
bad news for the sheep, good news for the crooks
Forgive my ignorance (if thats what this is) but how can the S&P be charted back for the day to 4:00 AM. I thought this could only be charted when it was active, during trading hours. Am I missing something??????
Go gadget go! I mean, Go gold go!
Markets manipulated from behind-the-sceene. The actual numbers do not give nay picture.
Or let us wait 20 years and lok at in in 2030-ties.
Nothing will really change until the elite cocksuckers actually lose control of things. This just looks like more manipulation to me . . . .