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Mysteriously, Slumping Oil Prices "Result" In Both Higher And Lower Stock Prices
It's one thing for several different outlets to be unable to get their story straight, but when one media flips 180 in under 2 hours using the same underlying "driver" for two different story conclusions, what happens?
Because when "global shares rise as oil prices extend fall"...
... Only to "edge down with energy in focus amid oil slump"...
Perhaps it is time to go for a cigarette break.
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i love the smell of schizo in the morning
One is for London, one for NY. You know there's a different algo for each...
the algorithm is from CNBC...
Shares [gain| decline] as [insert unrelated event of the day here]
Dueling retards!
There Is Nothing Left ...
Now Only HFT's Eating HFT's ...
Editor position available at Reuters. Job description: do absolutely nothing.
Targeted ads...
Today's headlines around the world:
WSJ (Billionare's Propaganda): Markets retract as U.S. Voters Head to Polls (democracy is bad)
CNBC (Wall St. Propaganda): Financials advance as JP Morgan faces criminal probe over FX trades (wall st. good)
CNN (American Propaganda): Tech gains led by Apple after Tim Cook comes out (gay is good and so are overpriced gadgets made in china)
RT (Russian Propaganda): Euro futures decline due to loss of 20% of the bird population (birds bad)
Press TV (Iranian Propaganda): Defense industry up as US drones assassinate people in Yemen (electric drones bad; jet fuel powered drones good)
CCTV (Chinese Propaganda): PMI falls to 9 month low as leaders approve anti-corruption bureau (it is all good now, government solved all corruption in government)
Al Jazeera (Arabian Propaganda): Oil tumbles amid Ebola scare (ebola sucks)
RememberWeimar is right....these are 'targeted articles'. Thanks to collaborative efforts of NSA and Joogle, we now have preferences being filtered out to internet users.
The sheeps get one article whole the bots get another....you know the society is going down the drain when trust, the cornerstone of society, dont exist anymore.
It looks like Lionel Laurent in London and Ryan Vlastelica in New York have differing analyses on what the oil slump has done.
Since Tim Cook came out, my iPad has been making gay advances.
Does it more vibrate than in the past?
"Dueling retards"
China says Thank You, Round Eye.
Cut them some slack —
Self fulfilling prophecy algos.
Schrodinger's cat.
dont sweat anything more people, my wife voted today, god love her...so i am sure chemtrails, 9/11 truth the first 10 bill of rights have been restrored, the mic has been put to bed, drone strikes just because have stopped and the fed. reserve has been disbanded....and many more things i am sure...
You can just vote the opposite of her and cancel her out. No.......wait........I mean.........never mind.
It's a demonstration of a basic fact about all markets; not just stock markets; first the price action occurs; than a journalist decides what story he likes to explain it. If you don't get this through your head and stop reading 'news" you're doomed.
this is what happens when the price itself is the story, instead of the analysis of why the price is what it is being the story
it also doesn't help that many of these stories are written by algorithms these days instead of actual people
Algorithms don't write the stories, people write the algorithms.
you do know those algorithms are self-modifying, right?
Forgive my language, but fucking ridiculous.
DavidC
Like Gartman, you can never be wrong, if you talk out of both sides of your mouth. This is like talking out of both sides of your mouth at the same time.
It just means if you buy today they are expensive but if you buy it in the future, then they will be cheaper.
Or the difference between the London correspondent and the New York correspondent?
Time difference and all?
LOL.
Reuters, that bastion of free thought. I used to think that news services had "reporters" who would go out and find stories, talk to people and track down facts and data. Ha! Ha!
Reuters...
Oil keeps company with Silver behind the woodshed.
There are no mysteries and obviously haven't seen the playbook.
This is the problem all economists understand. On the one hand this, on the other that.
Not sure I see any contradiction here. In a world where fundamentals mattered, lower energy costs would have opposite effects on different elements of the market. But who cares, anyway? The stock market is driven entirely by forces that have nothing to do with fundamentals. But they can't just say "stocks edge higher on CB decision to raise them" or "stocks edge lower on CB decision to lower them" every day.
What is even more curious is that Saudi Arabia raised 'global' prices but lowered US prices? So the reaction is reversed!
Can there be any doubt that there are political motives? Choose from many:
Crush shale oil (environmentalists)
Eliminate the need for the Keystone pipeline
Crush Syrian oil and gas production (ISIS is helping)
Hurt the Russian economy
Get middle eastern gas pipeline through Syria
Lower gasoline prices in the US so voters feel happier
And US prices are the lowest in the world, so they lower the low prices and raise the high prices. Makes sense to me.... uh... hmmm...
My take: There is global coordination taking place to prevent a complete (nearly immediate) collapse--little do they know it's inevitable.
Last month they lowered prices in Asia, and not elsewhere. This month, they're lowering prices in US and Europe, but not in Asia. Doesn't seem that mysterious.
Inflation and deflation, there you go. Won't be long now until a single stock will be able to pull this off. I envisage it as one half of the stock certificate going up, the other half down.
Fucking Rioters.
They missed a BUT between the 2 news stories.
Nothing to see here. Typical 1984 keep them confused newsspeak.
A wonderful example of the human tendency to make simple causal connections to explain what is perhaps unexplainable because we live in a dynamic, complex world. As Martin Armstrong has reminded us, what you think is everything...everybody grabs on to one of the various competing narratives and relies on cognitive dissonance to shut out alternatives.
As George Carlin opined: It's all bullshit, and it's bad for ya!
http://olduvai.ca
It's much, much simpler than that. Once you see that the complexity is created on purpose, the reason why becomes simple.
Fully controlled media.
Even articles generated by software, are not allowed to have negative words
Reminder that 10 minutes of NYSE interruption last week were NOT reporeted in the main stream media
Good thing is Americans have higher IQs otherwise, just imagine what they can do with stupid people.
Reuters is not the disease, but it IS a symptom of the disease that has infected the world... or at least the western world. Full Spectrum domination and dependence. We are in a world of propaganda, where news does not get reported unless it serves the purpose.
Don't forget to vote today.
/s.
Vote...... Bwahahahahahahaha. I'm going to do my civic doody today and boycott the elections. I don't want to give the system any sense of legitimacy.
They will elect candidates even is there only candidates will vote, dont worry
Voted against all incumbents, against every judge being retained, and against every money skimming amendment proposition.
If you're that fucking stupid it's probably just as well you don't vote.
Oh, I get it! You're only pretending to as fucking stupid as your comment. I'm afraid it's such a good subterfuge that some people won't get it, and will end up giving you negative tidings.
Go ahead and do your doody, and sit back and bitch when you find that absolutely nothing changes. Then get back to me about who is the stupid one.
You snapshot these headlines as evidence that Reuters is citing the same cause for stocks rising as for stocks falling. But the headlines do not say that falling oil prices is the "cause" of either. The headlines do not say that falling oil prices is a "driver" of either, or that either is a "result" of falling oil prices. The articles don't say that, either. They just seem to be saying that everybody is watching energy prices as stocks rise...and then fall.
Does this mean the market can now crash AND rally?
Wow...how fortunate am I to be living in such magical times!
I should gather my gold and give it to these gods-in-human-form...maybe THEY can turn it into something useful, like straw.
So will that be a "crally" or a "rash"?
The financial news is just chatter bullshit that should be uniformly ignored. You're better off flipping a coin or hiring a dart throwing monkey.
I was thinking of eviscerating Jim Cramer and looking for omens among his entrails...
Simple explanation:
The 'news provider' gives headlines that will appeal to different readers' confirmation bias and ignore conflicting information. This way they maximize readers and revenue.
In other news, the chocolate ration willl be increased from 30 grams to 20 grams this month.
Signed,
Your Ministry of Truth.
Sounds kinda like KWN, ZH etc no? ;)
Lionel and Ryan need to get together early each morning and agree who's lies get to be followed for the day. It'll save a lot of confusion and avoid showing their employers up as the lying, treacherous cunts that they are.
Could the mystery behind the drop in oil prices have something to do with today's election? Cheaper gas means happier sheeple.
This distills perfectly the essence of an age without falsifiability. Everything, and nothing, is possible.
Oh, those Terminators are so WACKY!