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What a difference a day makes...
The S&P...
Which was driven by a surge in XIV (inverse VIX ETF)
Charts: Bloomberg
Bonus Chart: Credit hedging under way
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LOL what a shit show! what a circle jerked gangbang of a market this is!
nothing to see here folks ... please just move along . . . . . .
Relax and undress.
The Fed's got your back.
It's the only market we have to trade right now, so trade it within the given parameters... Yeah, it's a fucked up mess, but I'm making $$$ today...
Where the fuck are the Fed mouthpieces?
It's like watching paint dry.
Exactly. Still short (but less so today) the indices, but I also put on some long exposure in select momo stocks that presented high yield November 22 call premiums. Locking in some profits and providing (some) protection if the market turns south again...
https://www.youtube.com/watch?feature=player_detailpage&v=zKhEw7nD9C4
IBID: "Spot the Manipulated/Controlled Market"
Fixed it for ya, Tyler.
Sponge protection crew?
Someone there at the Fed has to slosh-up all those sheist dollars...
LostandFound,
So eloquently put!
DavidC
these guys live by the notion that appearences are everything, however, the true nature of markets will have the final say.
nice step function
the planet knows what you are doing yellen
anyone here ever hear of a-b-c corrections? we're in the b now. when c comes, 1820 will be a wet dream for the bulls buying way up here.
I have been laughing hardley at this muppet slaying sheep stampede everythings better now rally.
I am already perparing the party hats and ballons for -1000 day on the DOW!
Volume down market up must keep the illusion alive for the bestest Xmas ever. Now get out there consumers and buy more crap you don't need. Personally I'm going to buy a 70 inch 4k TV so I can put my tiny 48 inch led in the john. Of course I'll need a bigger living room and john so I can actually see the whole screen, but that's good for the economy right?
I'm boycotting Christmas again this year. Fuck the ponzi eCONomy until the shitshow stops. Hope this is the worst.hanukkah.evar for them.