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Stocks Go Vertical (Again), Just Because
In a desperate attempt to keep AAPL above $100 again, US equity markets are deja-vu-ing yesterday afternoon's sudden (and newsless) vertical ramp to run stops this morning. As Rule 575 hits, it appears the new algo plan is just run stops wherever they may hide, because nothing says buying-panic (and selling VIX panic) like the uncertainty of a Fed meeting, Scottish vote, and Alibaba disruptions...
Ramp!
Driven by VIX selling (to some extent)
Playing catch up to AUDJPY...
as "most shorted" stocks are squeezed once again...
It appears the goal was to run to Friday's closing VWAP...
Sending the S&P to run the stops from yesterday's highs...
AAPL $100 saved...
Charts: Bloomberg
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The fed cant let it dive, it's THEIR ONLY policy tool.
I can't hold her together Captain Yellen, she's breaking up, she's break........
This does have a whiff of desperation to it, does it not?
This isn't the same as the 3:30 ramp. This is something different.
Tylers- you have your next investigative adventure. Go!
Moar like a snort of desperation IMO.
Go Bots, Go! Go Bots, Go!
HAL 9000 is my BFF. I believe in HAL. I trust HAL.
It's not like their moves aren't telegraphed or anything like that... What a bunch of rubes...
NoDebt
I was going to make the same comment but I decided to try to be clever instead...but HELL YES...it reaks of fear!
Can things really be this tight? Can they not afford even a 2% drop now?
If that's the case ...well if I remember college math and all that curve fitting stuff...we seem to be set to go off the rails in a few weeks. Maybe it will happen in October...it's 'tradition'
KABOOM!!
My bairns, my poor bairns", Scotty weeps......
Bullshit!
The Feral Reserve big bank members have had it with propping up the bullshit economy for Obozo now that he's a laughable failure
So they're saving themselves by allowing yields to go back up and equities to implode now that they've suckered in all the muppets and have massive short positions.
And they fart in your general direction!
Not just the Fed, but Congress too.
WHO!!??
They're all heading for the exits as fast as they can now with all the money they fleeced off the fucking morons that voted them into office
I cannot wait for iPocket Watch. I can play pocket pool while checking the time.
Does the stock market ramp decrease when the tapering increases and Belgium buys more of our paper?
Buy, buy, buy, buy......er......bye, bye, bye, bye.....
As volume continues to drop the Fed's buying effect is enhanced. Which means on volume spikes (such as during panic selling) the Fed's buying effect will be nil.
BTFDYFI!
The RUT broke major support yesterday...looks ugly
http://www.goldsqueeze.com/technical-analysis/russell-2000-loses-support...
Good one dude!
Silver is up almost a penny. I wonder if it can hold onto these gains.
Is that a copper penny or a zinc penny?
I think it is a nominal paper penny. But, hey a fucking penny nonetheless.
this chart sure looks normal....
http://www.kitco.com/charts/livesilver.html
Every single day (either up or down) palladium runs into a brick wall that it can't get through... http://www.kitco.com/charts/livepalladium.html
ALL worlds markets were off this morning especially China and HK (off 1000 points since the 8th) Gold and Silver were spiking, now off $10 and 30 cents respectively, all Index Algos now have to follow this blatant US Indexes ramp& POMO yet to come BTW the Ruble just hit a record low !
I could say "it's Tuesday" without looking at the calendar. Oh wait.
you guys think we'll hit the lows of the day before the European close before taking offf to ES 1990?
my money is on hitting VWAP @1976 before it takes off to the moon. AAPL is below $100. We're one keystroke away from hitting an airpocket AAPL $96
They know I have puts lmao
The DOW and the S&P will continue to be propped because that's what the iSheeple recognize.
WRONG!
The iSheeple are on their own now that they've been fleeced by the PTB who are leaving office soon
And they're all unemployable anyway so fuck it
I've not been wrong yet.
All US Indexes now bright green, European Indexes now algorhymically getting dragged up with them
$2-2.5 Billion POMO today.
pomo arigato mr. roboto
Every single world assets is gambled as collateral for derivatives, oil being at the base of the pyramid.
Every assets price drop is a margin call. Rate rise is just one way to centrally call margin.
Dumping crude oil is another way.
Which part of
CENTRAL COMMAND
is not clear?
with all the terrible global slowdown data supposedly responsible for the sell off in Oil interesting to see that Brent just hit $99
Look at the charts of Facebook, Tesla, Twitter, and Amazon from yesterday and today. Each one down hard yesterday with a slight end of day rebound following through today. Each one has exactly the same pattern.
It’s so obvious where the players are and what they’re up to. Raising cash yesterday in their AmazaFabookaTweeTesla dump and pump, I bet, in preparation for the big AliBaba IPO Gambalooza.
the global conspiracy to prove that pigs can fly will continue unabated
The only good algo is the one that's dead.
Sickening at best. The playas keep playin.
Europe conspicuously not joining in this rampfest
wait until 11.30ET. put your spacesuit on, we're going another 10pts on this one.
And vertical we go again! Because the world has been repaired by the big O
Wow, it is pretty early in the day to be hittin' the sauce. I suggest waiting til 3:30...that way you can still (monkey) hammer and yet make it look like you are just starting early.
At least yesterday they showed some tact.
yeah too early. the yen is choking. they're running out of money now. ES1988
Obvious now why this happened! as the Chinese QE is announced, guess the right people were tipped off 1st thing this morning
FUCK THIS BULLSHIT! Who are they helping? Not Joe the plumber.
I just wonder how much it would cost to set up a small store on Wall st. selling nail guns. I'd even offer group discounts..... :-))
parking is like $1M
A wise man once told me,
"The market can stay irrational longer than you can stay solvent."
BTFD BTFATH at its best. Well done market!