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Trannies Up Over 10% From Bullard Lows, Shorts Squeezed Most In 3 Years
The last few days have seen stocks explode higher, led by Dow Transports (up 10.3%) following Bullard's QE4 jawboning. The Dow Industrials is back in the green for 2014. While the catalyst may have been Bullard (and/or Williams and Gartman), the "tool" is the "most shorted" stocks - which have seen their best run (biggest squeeze) in 3 years...
Shorts squeezed most in 3 years...
sending Trannies and Nasdaq soaring...
and The Russell 2000 back to unchanged for October...
Charts: Bloomberg
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Unless you have shorted PMs and the miners. The you are deep into the money. Deep.
BULL-ard!!
Gartman should be turning bullish right about now. lol.
It kind of feels like beating up the special ed kids and stealing their lunch money, but fuck it, nobody forced them to be that fucking stupid.
Well according to CNBC the market is up on pretend good news from Caterpillar so things are going swimmingly and it's almost time to break out the popcorn and tequila for the big show..
whoever is shorting this scam... er market... needs their head examined
not that fundamentally they are wrong... they are simply willingly ignoring the
fact that these markets are manipulated and short of being an insider, the obvious
way is to take the side of the scamers... at one's own risk... since one day... as it always does
things come to an end....
meanwhile....
run bull, run...
:(
Yep
i have zero sympathy for the shorts
have they not learned anything past 5+ years?
Bloomberg TV’s blasting, margin clerks are at the door
I’m looking at my broker -- he’s passed out on the floor
I’ve seen sudden ramps like I ain’t never seen before
Used to like Thursdays, but not anymore
Mama told me not to short
She said: "that's not the way to have fun, son"
(The hope for non-longs: unless there's enough fuel to take the Russell up toward it's 50 DMA, right now, post-POMO, would be a good spot for a turnaround. As R2K backs off slightly, I'm guessing it it either ramps crazily til after 1:00, or surprises and turns back to opening levels. Don't seeing it just stalling horizontally . . .)
i just went over CAT results
Disagree with ZH that 2014 earnings improvement (between jan call and now) was due to $10 billion buyback. The $10 billion known factor back in jan.
What i did find - CAT global employment
year end 2013 ... 118,501
sept 30 2014 ... 114,352
also recievable tardiness growing -
"At the end of the third quarter of 2014, past dues were 2.81 percent, compared with 2.77 percent at the end of
the second quarter of 2014, 2.47 percent at the end of 2013 and 2.51 percent at the end of the third quarter of 2013"
appalling, but can't be surprising
what is surprising is that the Russians and Chinese have let the West antagonize them this long without gunning directly for its wide completely unprotected and incredibly oversized financial gut
Trannies and Short Squeeze in the same title.
Thanks Tylers, wasn't planning on eating lunch anyways.
pods
When I read the Trannie headline, I just couldn't help but see it as applicable to Moochelle.
RIP, Joan Rivers for alerting us to that "Trannie" tidbit. Too bad you had to pay the ultimate price for it. "Minor surgical procedure complications, my ass!"
You beat me to it.... jerk....
Yellen!!!!! i LOVES YA....
KEEP ON PRINTING BAYYYYYABEEEEEEE!
FED balance sheet up +29.9B this month.
This "market" provides plenty of opportunity for ringing the register on some easy fiat if a person understands and accepts the terms of the game. Shorting this "market" for substaintial gains is not an option.
True. Alas libertarians have this little handicap, called The Truth -- the Middle Class variety of Ethics.
In light of this "Market" and political reality, Truth is a Learning Disability and impediment to gains. Kabalists and Opportunists have no such Disability/Handicap.
Mind boggling is it not folks! And here we thought reality was starting to set in. Man, were we duped. And agree on shorting this market. Unless you are good at guerrilla warfare shorting is way too difficut.
So, even though I am down over 50% with my PMs I am going to keep what I got. Lots of pain, but this too shall pass.
"mind boggling"
indeed... however...
not that fundamentally you are wrong... but... unless you have the bank account with several zeros to the right of "1" (before the decimal point of course -g) your bet on PM is nearly as bad as "the shorts"...
PM are essentially the enemy of these printing pricks... besides, these PM markets are relatively small to the point that they have been manipulated (and probably worse than the market itself)... therefore... as the advertisement says... unless you are a vampire (as in living forever) you are -on a personal investment level- digging your own grave... perhaps PM have a place in anyone's portfolio (on a % basis) but not as a main stand.
from the personal financial safety... one has no choice but scalp (or invest with a very keen eye for the exit) and take advantage of these evil game...
and btw.... i am ALL EARS -g to hear of alternatives
You make some good points and yes, this is the way I short the markets. And yes, they are the main part of my accounts. So, will I go down with the ship or will it right itself at some point? I honestly do not know, but I firmly believe this charade cannot go on forever. At some point investors will realize that 1 + 1 = 2. Don't know when that will be, but it will happen.
And for sure we are in the most hated sector of the market, the one with 0 promise and the one only idiots like me invest in. But I would rather be right here than buying FB at 70+, AMZN at 310, GOOG at 540 or and this one is a real joke TSLA at 230. Time will tell. Good luck to all here.
Your points are all valid as long as the system as we know it remains in tact. I cant speak for everyone but the whole point of my purchase of physical pm's is to mitigate (hopefully) the risk of a collapse. I have no doubt it will happen but dont know when. I may be dead that is true. I believe we are heading exponentially into it as we speak. Theres no way im going against my gut, I dont give a shit what the maniacal Fed does.
Do any of them ever go broke shorting stocks?
You have to love how "good" earnings drive the market up but poor earnings are ignored (i.e. IBM, MCD, INTC, KO). You can have your cake and eat it too in this warped excuse for a market.
marketwatch had the nerve this morning to say fundamentals matters re CAT
not a peep on other disasters
I've been known to squeeze a tranny from time to time....
Giuliani?