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Bullard's "QE4" Stick Save Unleashes Biggest 16-Day Market Surge In History

Tyler Durden's picture




 

Fun-durr-mentals...

Thank you Bullard...

 

And all on no volume...

 

Pumped by JPY

 

All of this comes as QE3 ends... PROVING that the market is not driven by the Federal Reserve... oh wait?

 

h/t Andy Y

 

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Thu, 11/06/2014 - 14:46 | 5420494 vmromk
vmromk's picture

Another "Fed" SCUMBAG that belongs in PRISON.

WAKE UP AMERICA, END THE FED.

Thu, 11/06/2014 - 14:47 | 5420504 Bloppy
Bloppy's picture

Madoff not looking so bad next to the likes of Bullard.

 

Does CNBC have its own real-life Ron Burgundy?

http://tinyurl.com/k9pqe7l

Thu, 11/06/2014 - 14:49 | 5420528 kliguy38
kliguy38's picture

you mean you think this is a ponzi?

Thu, 11/06/2014 - 14:59 | 5420576 TheAnalOG
TheAnalOG's picture

Bullardish!!!

Thu, 11/06/2014 - 15:01 | 5420595 ZippyBananaPants
ZippyBananaPants's picture

Don't insult Ron!

Thu, 11/06/2014 - 15:24 | 5420675 Sages wife
Sages wife's picture

We only know Madoffs name, and have witnessed his arrest, because he screwed rich people.

Thu, 11/06/2014 - 15:28 | 5420696 NotApplicable
NotApplicable's picture

But they're the ones with all of the wealth!

Thu, 11/06/2014 - 16:13 | 5420879 SheepDog-One
SheepDog-One's picture

Los Angeles....go fuck yourselves....goodnight.

Thu, 11/06/2014 - 14:54 | 5420551 101 years and c...
101 years and counting's picture

what if "something" forces the YEN to drop to 110, and then crash under 108?  seems they're really shitting on the yen/japanese economy just to boost stocks a lousy 2-3% in the last week.

Thu, 11/06/2014 - 15:37 | 5420728 geotrader
geotrader's picture

Ebola anyone?

Thu, 11/06/2014 - 15:15 | 5420645 Kaiser Sousa
Kaiser Sousa's picture

you wanna end the fed...
quit begging for moron ass americans to wake up and instead accumulate and save in REAL MONEY...
PHYSICAL GOLD AND SILVER...

then watch theM fade away like Mike Tyson said into "Bolivian..."

DEATH TO THE MONEYCHANGERS.

Thu, 11/06/2014 - 14:45 | 5420497 ZippyBananaPants
ZippyBananaPants's picture

I just did a Bullard that I have been holding in for 16 days.  It will not flush!

Thu, 11/06/2014 - 15:08 | 5420618 Consuelo
Consuelo's picture

C'mon mate - you Know you're supposed to flush WHILE you crap, not After...

Thu, 11/06/2014 - 14:45 | 5420498 slaughterer
slaughterer's picture

Give it two weeks to top out at ES 2060 then short it.  

Thu, 11/06/2014 - 14:50 | 5420529 Headbanger
Headbanger's picture

Not gonna happen

The end is here.

Thu, 11/06/2014 - 14:55 | 5420558 walküre
walküre's picture

Gentlemen, for the fun of it let's place a bet right here right now. Everything else is so fucking boring. Here's an opportunity to create some excitement. Two fairly level headed guys making a prediction just for the fun of it. We can all huddle around and watch in real time what happens and who is going to be right. C'mon let's do it. I'm bored to death with this crap.

Thu, 11/06/2014 - 15:02 | 5420597 aVileRat
aVileRat's picture

Agreed. We need to step up fight club a notch, I'll take the 2060 side of the bet for fun. 100 USD, if it works, donation goes to TD's new Audi fund.

 

Thu, 11/06/2014 - 15:12 | 5420630 Squid Viscous
Squid Viscous's picture

close to the top, 2035 maybe, then shit show until year end window dressing attempt... i will wager 100 francis sawyer &%#bux, payable to the charity of your choosing if we hit 2060

Thu, 11/06/2014 - 15:13 | 5420637 Greenskeeper_Carl
Greenskeeper_Carl's picture

I call the top at 1950. Which is where I bought SPXS. Shit, I'm out like 18% on that already. Looks like I lost.....

Thu, 11/06/2014 - 15:38 | 5420732 Think Like A Crook
Think Like A Crook's picture

Nah, if you can hold on, you'll be correct (sometime). If you are like me, your biggest problem will be making the call on when to sell. I have a nasty habit of selling WAY to early when I have been down on a position.

Thu, 11/06/2014 - 15:17 | 5420656 saints51
saints51's picture

start a website where we can place our fake bets and email it to the Tylers. Do a weekly Hunor edition with it. I think it would be fun because this shit is boring.

Thu, 11/06/2014 - 15:42 | 5420742 Banker Buster
Banker Buster's picture

Nope, we can't do it, we have an insider here.  Slaughterer is blowing yellen so he already knows where the S&P closes for the year.

Thu, 11/06/2014 - 15:49 | 5420771 A Nanny Moose
A Nanny Moose's picture

That would be the only honest game in town.

Thu, 11/06/2014 - 16:10 | 5420868 Bernoulli
Bernoulli's picture

Are you saying this because of Gartman going bullish again?

Thu, 11/06/2014 - 15:55 | 5420738 TheRideNeverEnds
TheRideNeverEnds's picture

Why would you short the ES @ 2060 when its clearly going to at least 5000 within this decade and with the central banks its quite possible that we never again in the history of humanity have a technical bear market in the broad indexes.  Asset prices may very well rise from here exponentially till the end of time.

 

Every tick is a new all time high; triple top breakout implies massive gains ahead, this market is just getting its legs. 

Thu, 11/06/2014 - 14:47 | 5420506 lasvegaspersona
lasvegaspersona's picture

Thankgod for all the companies reporting increased revenue............................per share.....

Thu, 11/06/2014 - 14:47 | 5420507 JustObserving
JustObserving's picture

You know everything is smoke and mirrors in an economy when just the words of a member of the Fed can levitate markets.  We are a superpower now - we create our own reality.

Thu, 11/06/2014 - 14:54 | 5420550 madbraz
madbraz's picture

the FED speak is for the media circus, the only thing that matters is the NY FED going nuts behind the scenes.

Thu, 11/06/2014 - 14:47 | 5420509 KnuckleDragger-X
KnuckleDragger-X's picture

The higher it goes, the farther it falls....

Thu, 11/06/2014 - 14:47 | 5420512 Bell's 2 hearted
Bell's 2 hearted's picture

i guess that means Bullard retires the jawbone of the year trophy

Thu, 11/06/2014 - 14:48 | 5420513 Philo Beddoe
Philo Beddoe's picture

Shorting will be illegal soon. 

Thu, 11/06/2014 - 15:09 | 5420616 NoDebt
NoDebt's picture

Why would they make something illegal that's already so hazardous to your health?

Thu, 11/06/2014 - 14:59 | 5420517 khakuda
khakuda's picture

For those around for the late 90s bubble, it should be feeling very familiar now.

Don't forget, it can end parabolic.

Thu, 11/06/2014 - 14:47 | 5420518 Bell's 2 hearted
Bell's 2 hearted's picture

of course, in fairness ... Bullard should thank kuroda in his acceptance speech

Thu, 11/06/2014 - 14:51 | 5420535 Panic Mode
Panic Mode's picture

Sounds more like fuckupmental to me. Bulltard talk.

Thu, 11/06/2014 - 14:53 | 5420548 walküre
walküre's picture

"on no volume" implies at least that I'm not alone in my refusal to buy into this shit show

Thu, 11/06/2014 - 14:57 | 5420560 Squid Viscous
Squid Viscous's picture

when is Anastasia Date going to IPO?and  do they need some "seed" money?

Thu, 11/06/2014 - 15:00 | 5420581 madbraz
madbraz's picture

total NYSE primary market volume is at levels seen in 1998.   biotechnology index tripled in the last 3 years.  transportation index up 150% in 3 years.  

delta airlines up 40% in less than a month.  biotech was up 20% in 2 weeks.

 

yours truly, 

bill dudley

Thu, 11/06/2014 - 20:36 | 5421938 El Hosel
El Hosel's picture

.... airlines up 40% in two weeks

Thu, 11/06/2014 - 15:01 | 5420584 youngman
youngman's picture

I walk around and keep talking to myself..to stick to my guns..my ideas are right...and this market is wrong....but it keeps setting new highs....but I know I am right....but very poor right now...lol...

Thu, 11/06/2014 - 15:45 | 5420749 Breezy47
Breezy47's picture

You're not alone...

Thu, 11/06/2014 - 15:01 | 5420586 wmbz
wmbz's picture

Not one fucking fun-du-men-tal matters in the least and has not for a long time. Pure fucking fantasy, that at some point will end in a major nightmare, but not a single one of the MF'ers that caused this shit storm will pay.

In fact they will be praised and will profit handsomely!

Thu, 11/06/2014 - 15:05 | 5420606 Bell's 2 hearted
Bell's 2 hearted's picture

DXY almost 88

 

4 year high

 

if it hits 90 ... that will be high since 2006

Thu, 11/06/2014 - 15:16 | 5420647 Yen Cross
Yen Cross's picture

  The USDX is already over 88.00. The previous high was June 5th 2010.

Thu, 11/06/2014 - 15:20 | 5420661 Consuelo
Consuelo's picture

J. Willie's prediction of a metoric rise, followed by a $DX 'Challenger event' is beginning to look more plausible by the day...

Thu, 11/06/2014 - 15:07 | 5420610 MrOneWord
MrOneWord's picture

mind-boggling

Thu, 11/06/2014 - 15:07 | 5420611 Tsar Pointless
Tsar Pointless's picture

Wish I could remember which person on here said they would be looking to short once the S&P got back up to 1960-ish. This was when the who Bullard ramp began.

If this person is still alive, please let me know where you're looking to short now so I can laugh at you again.

So many people haven't learned during this entire run-up from 666. "The plunge is just around the corner. Wait and see."

Uh-huh.

Thu, 11/06/2014 - 15:16 | 5420653 Consuelo
Consuelo's picture

Nothing is going to happen until we have a good & hard foreign policy Fuck-Up. And as luck would have it, that scenario just got a boost of Hydrazine with the elections...!!!   Now then, where is that Nimitz-class carrier group situated in the East China Sea again...?   McCain - calling senator McCain...!!??

Thu, 11/06/2014 - 16:33 | 5420985 zaphod42
zaphod42's picture

Spot on, Consuelo.  And don't you think for one minute that Putin was just making noise when he talked about using his nukes. 

Things are getting desparate over the entire globe; desparate people do desparate things.  Then think about the consequences of a foreign policy blunder!

We do, indeed, live in interesting times.

Craig

Thu, 11/06/2014 - 15:07 | 5420615 deeply indebted
deeply indebted's picture

This is how revolutions start.

Thu, 11/06/2014 - 15:14 | 5420639 jtz5
jtz5's picture

This has to be the top...

 

The U.S. Postal Service will deliver packages on Sundays in major cities and high volume areas during the holiday season.

Seven-day delivery will run from Nov. 17 through Christmas Day in response to anticipated growing demands.

The agency expects a 12 percent growth in its package business this holiday season, or in the range of about 450 to 470 million packages.

Thu, 11/06/2014 - 15:20 | 5420667 1stepcloser
1stepcloser's picture

can we offically call him bollix now?

Thu, 11/06/2014 - 15:24 | 5420673 buzzsaw99
buzzsaw99's picture

that was the day t-bonds started to sell off too so bullard fucked uncle sam in the ass (again) for the sake of equities.

you go to hell and you die. [/mr. garrison]

Thu, 11/06/2014 - 15:32 | 5420709 Spaceman Spiff
Spaceman Spiff's picture

QE4
QeFour
Can we just go with QeF?

As in Yellen is about to QeF up the market again...

Thu, 11/06/2014 - 15:57 | 5420804 thamnosma
thamnosma's picture

Guess I missed Bullard's blathering.  Did he actually say there might be a QE4?  Of course, gold only went further into the crapper afterwards.

Thu, 11/06/2014 - 16:15 | 5420895 zaphod42
zaphod42's picture

Something important to consider as we watch our daily highs;

the Hitchhikers Guide to the Galaxy (now known as Wikipedia) says this about the Nikkei 225:

"The Nikkei average has deviated sharply from the textbook model of stock averages which grow at a steady exponential rate. The average hit its all-time high on December 29, 1989, during the peak of the Japanese asset price bubble, when it reached an intra-day high of 38,957.44 before closing at 38,915.87, having grown sixfold during the decade. Subsequently, it lost nearly all these gains, closing at 7,054.98 on March 10, 2009—81.9% below its peak twenty years earlier."

Of course, that is a deviation since the textbook model grows at a "steady exponential rate".

http://en.wikipedia.org/wiki/Nikkei_225

 

Craig

Thu, 11/06/2014 - 16:14 | 5420901 Bernoulli
Bernoulli's picture

Hey tomorrow is November 7. Wouldn't that be a nice day for a crash?

Thu, 11/06/2014 - 16:27 | 5420954 venturen
venturen's picture

I think you mean Dec 7....a day that will live in infamy...beware there are kamikaze at work! 

Thu, 11/06/2014 - 16:26 | 5420949 venturen
venturen's picture

you can here the bubble bursting and at the speed of light it should take.....long to get here!

Thu, 11/06/2014 - 16:57 | 5421093 Bear
Bear's picture

The only mystery that's going to keep us guessing is how they will unleash QE4 ... Oh probably just print money ... Oh wait 

Thu, 11/06/2014 - 20:32 | 5421922 El Hosel
El Hosel's picture

Quince Edwards never sleeps, "the market" never fails, this shit never gets old.... Apparently

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