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US Stocks Give Up "Dovish FOMC" Gains As Russell 2000 Completes "Death Cross"

Tyler Durden's picture




 

The narrative just a few short days ago was how 'dovish' the Fed was (despite their apparent hawkishness) and that clearly they would not act unless they were highly confident of future US economic growth (which they have shown almost perfect ineptitude in forecasting). The savior of any weakness in this meme was 'well the rest of the world will take up the money-printing mantle'... but that narrative broke this weekend. Only The Dow (for now) is still holding gains post-FOMC with the Russell 2000 down over 2% since then having completed its 'death cross' today.

 

Stocks have given up their post-FOMC gains...

 

The Russell 2000 completes its death cross...

 

Charts: Bloomberg

 

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Mon, 09/22/2014 - 11:08 | 5242979 LawsofPhysics
LawsofPhysics's picture

buy stawks (because CBs are and have been directly buying through their PDs)...

that is all...

full on weinmar bitchez...

hedge accordingly...

Mon, 09/22/2014 - 11:09 | 5242988 dressguard
dressguard's picture

Death cross doesn't mean anything!

Mon, 09/22/2014 - 11:10 | 5242993 gatorengineer
gatorengineer's picture

About as accurate as a Hindenburg

Mon, 09/22/2014 - 11:18 | 5243014 kliguy38
kliguy38's picture

I'm givin' up and selling all my gold and silver and buying Ali baba........

Mon, 09/22/2014 - 11:20 | 5243021 gatorengineer
gatorengineer's picture

do the 40 bankers come with it?  that would be a great promotion...

Mon, 09/22/2014 - 12:12 | 5243268 El Oregonian
El Oregonian's picture

Yes, the 40 bankers that come equipt with 40 loaded pneumatic nail guns.

Mon, 09/22/2014 - 11:14 | 5243008 SpanishGoop
SpanishGoop's picture

Death crosses everywhere but they refuse to die.

 

Mon, 09/22/2014 - 11:19 | 5243016 firstdivision
firstdivision's picture

Yeah it does.  I means "Buy bitch, buy!"

Mon, 09/22/2014 - 13:13 | 5243393 Headbanger
Headbanger's picture

Fucking idiots!

BTW, It's the 125 DMA you mooks need to look out for getting broken soon!

http://www.marketwatch.com/investing/index/SPX/charts?symb=SPX&countryco...

Mon, 09/22/2014 - 13:41 | 5243727 bulldung
bulldung's picture

Are you suggesting that staying short until around 1950 and BTD is the new Tuesday?

Mon, 09/22/2014 - 11:10 | 5242991 Midstyles
Midstyles's picture

I'm making over $7k a month working part time. I kept hearing other people tell me how much money they can make online so I decided to look into it. Well, it was all true and has totally changed my life. This is what I do...

w­w­w.G­o­j­o­b­3­6­0.c­o­m

Mon, 09/22/2014 - 11:14 | 5243009 enforcer92677
enforcer92677's picture

Midstyles this is yo pimp Bitch!  Get your ass back to work before I have to slap you again!

Mon, 09/22/2014 - 11:25 | 5243041 lasvegaspersona
lasvegaspersona's picture

Security...I say good fellow, this mid whatever person...I don't think he' a real memeber here...show him to the door please.....and next time double check who you let in...we are supposed to be exclusive.

Mon, 09/22/2014 - 12:05 | 5243244 sosoome
sosoome's picture

I make over $10k per month and don't even have to work part time. Check it out:

www.ponzi.c0m

Mon, 09/22/2014 - 12:06 | 5243259 A82EBA
A82EBA's picture

lol

Mon, 09/22/2014 - 12:07 | 5243271 Rubbish
Rubbish's picture

You're in the trash business too?

Mon, 09/22/2014 - 11:40 | 5243118 Silverhog
Silverhog's picture

Yeah, I'm begining to lose track. Is it 50 Hindenburgs equal 1 Death Cross or is it the other way around? 

Mon, 09/22/2014 - 14:42 | 5243990 SAT 800
SAT 800's picture

The Dow is down over 100pts. merely a flesh wound. No more records this week, folks.

Mon, 09/22/2014 - 11:09 | 5242986 ekm1
ekm1's picture

Nothing matters. No data matters. Absolutely nothing.

 

All it matters is which oligarch wins and which one loses.

 

TO LOSE OR NOT TO LOSE

is the issue right now

Mon, 09/22/2014 - 12:06 | 5243253 disabledvet
disabledvet's picture

"Here is the City of Chicago. Now go finance that. Trust me...no one cares."

Mon, 09/22/2014 - 11:10 | 5242987 gatorengineer
gatorengineer's picture

A couple of days (Maybe) to be short then this thing is going to turn and rip north for quarter end window dressing....  I call 2020 S&P at the close Sept 30.....

Mon, 09/22/2014 - 11:28 | 5243062 lasvegaspersona
lasvegaspersona's picture

I'm out until October is over. I don't know what the Fed will do short term and 'October' just has a scarey sound to it.

Mon, 09/22/2014 - 14:43 | 5243995 SAT 800
SAT 800's picture

Out !! Out doesn't make any money; go short man, go short.

Mon, 09/22/2014 - 14:42 | 5243992 SAT 800
SAT 800's picture

You're wrong.

Mon, 09/22/2014 - 11:10 | 5242994 Spungo
Spungo's picture

Dun dun dun!

Mon, 09/22/2014 - 11:25 | 5243051 lasvegaspersona
lasvegaspersona's picture

has anyone heard from Ukraine? Big news a few weeks ago, WW3 and all...now it is just mums the word....curious...

Mon, 09/22/2014 - 11:38 | 5243119 Cangaroo.TNT
Cangaroo.TNT's picture

He can't talk cause hizz face melted from that nucular bomb n shizz.

Mon, 09/22/2014 - 11:54 | 5243196 Dead Man Walking
Dead Man Walking's picture

has anyone heard from Ukraine? Big news a few weeks ago,

 

Nah CIA/CNN is busy filiming ISIS trailers and a pilot show for a weekly prime time slot.

Mon, 09/22/2014 - 12:01 | 5243228 Eyeroller
Eyeroller's picture

The market lamestream outlets are ignoring Ukraine for now.

First sign of a serious pullback, they will blast headlines about "Truce Broken" or "NATO Troops Deployed".

All pullbacks are to be depicted as XXXX (fill in 'Ukraine', 'ISIS', 'Israel', 'Ebola', or even 'Asteroid Headed for Earth' as needed).

No matter what, DON'T BLAME THE PONZI MUNCHKIN AND HER FED COHORTS for anything negative.

Lather, rinse, repeat.

Mon, 09/22/2014 - 11:49 | 5243173 q99x2
q99x2's picture

BTFD

Mon, 09/22/2014 - 12:14 | 5243298 KnuckleDragger-X
KnuckleDragger-X's picture

Just need to prop it all up for up for one day, one week, one year, and then things will be all super wonderful forever. Need to check Alibaba and see what kind of price I can get for good hemp rope, something that won't break when the trapdoor opens.

Mon, 09/22/2014 - 13:33 | 5243683 Banker Buster
Banker Buster's picture

I wonder how Gartman's "one unit long" is doing.  Face palm

Mon, 09/22/2014 - 14:32 | 5243945 The worst trader
The worst trader's picture

Calling the PPT,JY,BTFDer's anyone! Please stop the 2% correction I'm losing my erection!

Mon, 09/22/2014 - 14:44 | 5244003 SAT 800
SAT 800's picture

GO SHORT. RIGHT NOW.

Mon, 09/22/2014 - 14:59 | 5244051 The worst trader
The worst trader's picture

Realy? cuz that has worked out so well for the last several years?

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