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Friday Is The New Tuesday

Tyler Durden's picture




 

"Sell in May and go away" worked very well if you chose Tuesdays to sell. Since the start of May, the Dow is down over 1.6% on Tuesdays (with only 2 days of better than negligible gains). What is really working is Buy Fridays... The Dow is up 11 Fridays in a row, gaining 2.4% (of the Dow's total 2.7% gain since then). It seems the "nothing can hurt us over the weekend" effect is alive and well...

 

"Sell in May and go away" on Tuesdays...

 

Tuesdays have been the biggest loser...

 

And Friday is up 10 weeks in a row...

 

*  *  *

Is the entire market being wagged by a VIX-selling momentum chasing theta-grabbing leveraged minority who are convinced that no matter how much volatility spikes, it will be controlled...?

We leave to CNBC to explain (said today)...

"the biggest risk is to be short going into a weekend like this... because it might get better and then you are loising money too."

Yep - makes perfect sense... oh wait.

 

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Fri, 07/18/2014 - 11:24 | 4973539 monopoly
monopoly's picture

So, it takes the tragic loss of almost 300 good souls to have these broken markets drop 1% or so. And by breakfast all is forgotten and we ramp them up.

We are pathetic. 

Fri, 07/18/2014 - 12:13 | 4973581 Laughinggrizzley
Laughinggrizzley's picture

Not only that, yesterday was options expiration. Someone made a buttload of money downing a plane! Not that any of our intelligence agencies would do something like that...

Fri, 07/18/2014 - 11:32 | 4973586 Laughinggrizzley
Laughinggrizzley's picture

.

Fri, 07/18/2014 - 11:34 | 4973587 Laughinggrizzley
Laughinggrizzley's picture

A

Fri, 07/18/2014 - 11:22 | 4973541 JustObserving
JustObserving's picture

Every day ending in y will be the new Tuesday.  If you are spreading wealth and happiness in the land of the free, why limit it to Tuesdays?

Fri, 07/18/2014 - 11:30 | 4973543 JustObserving
JustObserving's picture

Duplicate  ZH keeps disappearing for me.  What have you done to piss off NSA/GCHQ?

Fri, 07/18/2014 - 11:55 | 4973674 FuzzyDunlop21
FuzzyDunlop21's picture

Every time that happens I get paranoid that NSA has finally had enough and the Tylers have had an unfortunate encounter with the wrong end of a nailgun

Fri, 07/18/2014 - 11:24 | 4973545 slaughterer
slaughterer's picture

When it gets to the point that bearish/skeptical sites like ZH are calculating which day of the week to buy stocks on, you know there is something hovering in the background ready to chop things apart with its propellors. 

Fri, 07/18/2014 - 11:33 | 4973549 JustObserving
JustObserving's picture

Delete ZH not working for me

Fri, 07/18/2014 - 11:25 | 4973554 Yen Cross
Yen Cross's picture

  You can tell the markets have gone full retard when people are long going into the weekend with all the shit that's going on in the world right now...

Fri, 07/18/2014 - 11:33 | 4973593 madbraz
madbraz's picture

By "people" you mean the few parties that own the algos that manipulate this turd higher and operate together in criminal fashion, right?

 

How hard would it be for the FBI to single out who is involved and how it is being conducted?  This is not a complicated ring of mafia operations, this is a few guys behind trading desks, in easy to spot locations, on strict orders from powerful people.  I mean, you look at the action in the VIX and if you have one honest brain cell in your grey matter you have to question the legality of such absurd moves and their instant translation into higher stock index values.

Fri, 07/18/2014 - 11:33 | 4973595 madbraz
madbraz's picture

By "people" you mean the few parties that own the algos that manipulate this turd higher and operate together in criminal fashion, right?

 

How hard would it be for the FBI to single out who is involved and how it is being conducted?  This is not a complicated ring of mafia operations, this is a few guys behind trading desks, in easy to spot locations, on strict orders from powerful people.  I mean, you look at the action in the VIX and if you have one honest brain cell in your grey matter you have to question the legality of such absurd moves and their instant translation into higher stock index values.

Fri, 07/18/2014 - 11:38 | 4973604 Yen Cross
Yen Cross's picture

   Pretty much spot on with your comment.

Fri, 07/18/2014 - 11:49 | 4973642 dirtyfiles
dirtyfiles's picture

very true

Fri, 07/18/2014 - 11:37 | 4973557 JustObserving
JustObserving's picture

Delete Hard to access ZH now

Fri, 07/18/2014 - 11:28 | 4973562 GrinandBearit
GrinandBearit's picture

Algos have no memory and no emotion... they simply buy the dips.

Fri, 07/18/2014 - 11:32 | 4973566 GrinandBearit
GrinandBearit's picture

Dbl post sorry. 

Anyone else notice how glitchy ZH has been lately?

Fri, 07/18/2014 - 11:29 | 4973568 Kaiser Sousa
Kaiser Sousa's picture

what a fucking joke...
now that everything is resolved in Ukraine, and the US economy is cooking with grease, we get a complete reversal of yesterdays losses in the Fraud Markets and low and behold -
all of the paper gains in the only 2 forms of real money magically disappear starting in yesterdays Globex phantom trading....

fuck off...

Fri, 07/18/2014 - 11:29 | 4973570 SoDamnMad
SoDamnMad's picture

Too much truth and too many probing questions  coming out on ZH. So hard to get on with all the attacks.

Somebody doesn't like us. 

Gotta go to the cellar. I hear a drone overhead.

Fri, 07/18/2014 - 11:29 | 4973575 ekm1
ekm1's picture

RULE OF THUMB

 

"If you buy a security to sell it to a greater fool, if no greater fools left, then you are the greater fool"

Seth Klarman

 

Primary Dealers are in a roach motel and the the ultimate greater fools.

 

Sacrificial lambs:

- Bear stearns

- Lehman

- MF Global

 

Next sacrificial lambs?

- Barclays?

- Deutschebank?

- BNP Paribas?

Fri, 07/18/2014 - 11:30 | 4973579 dirtyfiles
dirtyfiles's picture

"the biggest risk is to be short going into a weekend like this... because it might get better and then you are loising money too."

get better.....say they kill another 200 ppl

Fri, 07/18/2014 - 11:31 | 4973583 Kaiser Sousa
Kaiser Sousa's picture

what a fucking joke...
now that everything is resolved in Ukraine, and the US economy is cooking with grease, we get a complete reversal of yesterdays losses in the Fraud Markets and low and behold -
all of the paper gains in the only 2 forms of real money magically disappear starting in yesterdays Globex phantom trading....

fuck off...

Fri, 07/18/2014 - 12:00 | 4973708 Kaiser Sousa
Kaiser Sousa's picture

sorry for the double post...site goin down off and on all morn...

Fri, 07/18/2014 - 11:31 | 4973589 buzzsaw99
buzzsaw99's picture

stupid shorts never learn. they are back up to almost 15B nyse shares again. enjoy the fisting you stupid muppets.

Fri, 07/18/2014 - 11:41 | 4973602 firstdivision
firstdivision's picture

Dafuq is going on anymore.&nbsp; Why the fuck is the SPX up over .5%?&nbsp; Did everyone that&nbsp;have a trading account eat some molly and are now trading while rolling?</

Holy fucking LOL! https://www.google.com/finance?q=NASDAQ%3AXIV&ei=dj7JU_hVgraqAeexgeAJ  Guess all is right with the world and nothing that could cause volatility...

Fri, 07/18/2014 - 11:43 | 4973603 JustObserving
JustObserving's picture

The site is currently not available due to technical problems. Please try again later. Thank you for your understanding

Why so hard to access ZH yesterday and today?

Fri, 07/18/2014 - 12:00 | 4973712 madbraz
madbraz's picture

NSA?

Fri, 07/18/2014 - 12:11 | 4973797 starman
starman's picture

CIRCUS VARGAS! I mean CIRCUS WALL STREET! 

Fri, 07/18/2014 - 12:14 | 4973811 thismarketisrigged
thismarketisrigged's picture

this was so obvious

 

we are NOT ALLOWED TO BE DOWN TWO DAYS IN A ROW!!!

 

any loss must be wiped away in following day and gains also must be made, this shit was so obvious,no one could have really though we would be red on a friday

Fri, 07/18/2014 - 14:35 | 4974649 slaughterer
slaughterer's picture

Ahhh... 5 ES points away from another new all time high and perhaps 2 days away from another major conflict between US/USSR.  Krugi is jizzing in his pants again.

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