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It's All Come Down To This

Tyler Durden's picture




 

What really matters... "It's time to be invested... the correction is over... we've got good jobs number [which was a miss], GDP is there [which is being revised lower each day], earnings are there [which have been revised drastically lower for the rest of 2014 and 2015]... and even if we do get a dip down, we've got Mr Bullard to come in and reassure the markets..."


 

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Fri, 11/07/2014 - 13:29 | 5424138 Bill of Rights
Bill of Rights's picture

  look at these volume spikes on the GDX 3 minute chart

https://www.tradingview.com/x/YRUHv0So/ 

Ever see anything like that before?

Fri, 11/07/2014 - 13:43 | 5424198 bob_stl
bob_stl's picture

I'm sure Bullard is making a fortune with his comments.

Fri, 11/07/2014 - 13:46 | 5424211 kliguy38
kliguy38's picture

It's so blantant on CNBS that I need a barf bag to listen to them

Fri, 11/07/2014 - 13:50 | 5424224 remain calm
remain calm's picture

Look up "Mother Fucking Cocksucker" in Websters and you will see a picture of Divid Kudla. He would steal from his kids if it would serve him.

Fri, 11/07/2014 - 14:45 | 5424476 KnuckleDragger-X
KnuckleDragger-X's picture

Actually you'll find a group picture of the FOMC committee........

Fri, 11/07/2014 - 15:33 | 5424718 explosivo
explosivo's picture

I'm thinking more like congress.

Fri, 11/07/2014 - 18:07 | 5425297 KnuckleDragger-X
KnuckleDragger-X's picture

No, they are listed under butt boys....

Fri, 11/07/2014 - 15:09 | 5424596 Dinero D. Profit
Dinero D. Profit's picture

Did you notice?

 

Fleishman has lousy teeth.  Either he gets his dental work done in England, or he does toot, -a lot of toot.

Fri, 11/07/2014 - 15:53 | 5424809 gswifty
gswifty's picture

How's Cramer's teeth? ;)

Fri, 11/07/2014 - 14:02 | 5424274 Banker Buster
Banker Buster's picture

Are Fed officials allowed to own stocks?  Are they exempt from insider trading laws like the congress was a few years ago?

Fri, 11/07/2014 - 16:31 | 5424946 TheReplacement
TheReplacement's picture

This isn't a bullish market.  It's a Bullard market!

Fri, 11/07/2014 - 13:46 | 5424212 Eireann go Brach
Eireann go Brach's picture

If there is any justice in the world, and there is, this stock market will crash way before Obongo leaves office, so a stock market crash can also be added to his ever dying legacy!

Fri, 11/07/2014 - 16:33 | 5424956 TheReplacement
TheReplacement's picture

Yeah that probably isn't the plan.  The "Party" needs to discredit the American way of thinking so the market needs to crash after Obama, or, at least it needs to be pinned on Red so that anyone who is to the right of left is both a bag holder and target for blame.

That isn't to say the market won't crash.  Just that the plan is not to make leftism look bad.  The sheeple must be convinced that more control over them is better for them.

Forward!

Sat, 11/08/2014 - 00:51 | 5426572 tvdog
tvdog's picture

The Republicans are just as eager to impose more control on the public as the Democrats. Remember which president signed the Patriot Act?

Fri, 11/07/2014 - 14:14 | 5424322 Alberich
Alberich's picture

Noes!! Can we please get the Plunge Production Team to crush the paper PM markets one last time? I'm not done filling my pockets with junior miners!

Fri, 11/07/2014 - 22:25 | 5426212 motor_angel
motor_angel's picture

my roomate's step-mother makes $75 hourly on the internet . She has been without a job for 5 months but last month her paycheck was $20377 just working on the internet for a few hours. Get More Info... www.Yelptrade.com

Fri, 11/07/2014 - 13:33 | 5424157 maskone909
maskone909's picture

the only accurate thing this guy said was about bullard doing more helicopter drops.  only how will the markets respond to another QE? 

Fri, 11/07/2014 - 13:47 | 5424215 RaceToTheBottom
RaceToTheBottom's picture

Far too pasty to have anything valid to say.  Probably doesn't even have a yacht.

 

Fri, 11/07/2014 - 13:52 | 5424236 NotApplicable
NotApplicable's picture

LOL

I'm going to play it safe and wait and see what Tepper has to say.

Fri, 11/07/2014 - 13:32 | 5424158 taraxias
taraxias's picture

Unfuckingreal 

Fri, 11/07/2014 - 14:18 | 5424276 Ignatius
Ignatius's picture

When they stuck the cheerleader W in the whitehouse it was a real 'tell' for what to expect.

Fri, 11/07/2014 - 13:34 | 5424163 madcows
madcows's picture

Full Bulltard!  It's the Bernanke Put, the FED backstop.  Nothing's changed.

Fri, 11/07/2014 - 13:35 | 5424164 RaceToTheBottom
RaceToTheBottom's picture

I don't know about anyone else, but I have a very strong urge to go take a dump on that bull on WS.

Probably would get nailgunned but the urge is strong.

Fri, 11/07/2014 - 13:40 | 5424187 Headbanger
Headbanger's picture

You only go around once dude..

Fri, 11/07/2014 - 13:35 | 5424167 traderjoe100
traderjoe100's picture

Well, he does seem like a logical man.  But logical men usually gets kilt in the markets, dont fergit...

 

Fri, 11/07/2014 - 13:42 | 5424193 Headbanger
Headbanger's picture

Men go crazy in congregations

But they only get better one by one..

Sting.

Fri, 11/07/2014 - 13:59 | 5424267 Tsar Pointless
Tsar Pointless's picture

Great song. Fantastic lyrics.

I'll see you these lyrics and raise you these:

You could say I'd lost my belief in our politicians
They all seemed like game show hosts to me

Fri, 11/07/2014 - 14:19 | 5424357 Dr. Everett V. Scott
Dr. Everett V. Scott's picture

Tsar,

Great song, fantastic lyrics:

 

https://www.youtube.com/watch?v=NwqPBlSxb-0&feature=related

Fri, 11/07/2014 - 13:36 | 5424169 enforcer92677
enforcer92677's picture

Even if I was being paid, I don't think I would be able to pull off the acting skills to say crap like this.  The only way I could ever say shit like this was if I really believed it.

Fri, 11/07/2014 - 13:54 | 5424233 SoilMyselfRotten
SoilMyselfRotten's picture

You might if your sustenance depended on it

BTW, looks like Mainstay Capital is set to lose a shitload of money

Fri, 11/07/2014 - 13:38 | 5424176 EmmittFitzhume
EmmittFitzhume's picture

Fuckface

Fri, 11/07/2014 - 13:43 | 5424196 craus
craus's picture

This is sarcasm right?

Now I get it laugh.

You can keep this market until the Fed reassure us QE4 has started I'm out.

Fri, 11/07/2014 - 13:43 | 5424201 Glass Seagull
Glass Seagull's picture

 

 

All current college students studying finance:  stop studying, start learning Kabbalah.

Sat, 11/08/2014 - 03:20 | 5426719 StychoKiller
StychoKiller's picture

Meh, Fishing and Hunting/Trapping are quite a bit less esoteric (and useful!)

Fri, 11/07/2014 - 13:44 | 5424202 Bemused Observer
Bemused Observer's picture

This dipshit evidently hasn't learned that you must INTERPRET your data, not merely cheer when numbers get bigger.

But then, these guys are from the same kind of schools that gave us Bernanke and Yellen.

We are being sucked into a vortex of stupidity.

Fri, 11/07/2014 - 13:43 | 5424203 H. Perowne
H. Perowne's picture

"The creatures outside looked from pig to man, and from man to pig, and from pig to man again; but already it was impossible to say which was which."

George Orwell, Animal Farm

Fri, 11/07/2014 - 13:45 | 5424209 bob_stl
bob_stl's picture

False flag?

Fri, 11/07/2014 - 13:47 | 5424218 Bell's 2 hearted
Bell's 2 hearted's picture

of course, bullard has no fomc vote this year or next

 

imo, the only thing that will take down the market is another recession ... which i think we're on the verge of (Q1 2015 at latest)

 

party on! (for now)

Fri, 11/07/2014 - 13:48 | 5424219 digitlman
digitlman's picture

Financial Fuckery.

Fri, 11/07/2014 - 13:48 | 5424220 SharkBit
SharkBit's picture

Unicorns and Rainbows.  Happy days again.  Thanks for clearing that up for me.

Fri, 11/07/2014 - 13:47 | 5424221 clipboard man
clipboard man's picture

Heard my receiptionist talk about a stock she thought might do well.  The end is almost here; the signs are there.

Man this ride is gonna be a trip.

 

 

Fri, 11/07/2014 - 13:52 | 5424234 silverer
silverer's picture

Stock she "thought might do well". Fully researched, eh? You're right. What a trip it will be!

Fri, 11/07/2014 - 15:54 | 5424811 SoilMyselfRotten
SoilMyselfRotten's picture

Does she moonlight as a cabbie?

Fri, 11/07/2014 - 13:52 | 5424237 29.5
29.5's picture

The atmosphere of the late '20s (financially speaking at least) can be summed up in the following (likely apocryphalanecdote. In the winter of 1928, Joe Kennedy decided to stop to have his shoes shined before he started his day's work at the office. When the boy finished, he offered Kennedy a stock tip: "Buy Hindenburg." Kennedy soon sold off his stocks, thinking:

You know it's time to sell when shoeshine boys give you stock tips. This bull market is over.[1]

A timely move considering that the stock market would soon resemble the fate of the airship Hindenburg itself.

Fri, 11/07/2014 - 14:13 | 5424321 Lady Jessica
Lady Jessica's picture

A bit premature?  The Hindenburg disaster occurred in 1937.

Fri, 11/07/2014 - 15:00 | 5424554 The Paucity of Hope
The Paucity of Hope's picture

I'm amazed at the anecdotes about the people (i.e. Joe Kennedy, J.P. Morgan), people likely responsible for the bubble creation, selling when some dimwit offered them a stock tip.

Fri, 11/07/2014 - 13:53 | 5424229 ebworthen
ebworthen's picture

A parasite who makes his living off of other people's money encouraging them to send him more.

No surprise this aired on the main media outlet for "The Church of the Holy Sepulcher of Debt".

Fri, 11/07/2014 - 13:51 | 5424231 Bell's 2 hearted
Bell's 2 hearted's picture

bullard to reassure the markets

 

all he has is bs ... the well of supply for QE dry for now ... need another recession before qe4

Fri, 11/07/2014 - 13:53 | 5424232 Son of Captain Nemo
Son of Captain Nemo's picture

You said so yourself yesterday Tyler with the headline and words to that effect

If the jobs numbers and the economy in general is so strong why the change in Party for the House and Senate?

Fri, 11/07/2014 - 13:53 | 5424238 Spungo
Spungo's picture

I can't hate on the guy for lying. He's a salesman. Some people sell mattresses. This guy sells stocks.
It's for the same reason that I don't completely trust Peter Schiff. He's a good guy, but he's also a salesman. Of course he'll say gold will go to 10 million per ounce or whatever. That sells gold. Nobody is going to buy if he says "well I think it could drop to 1100 or 1000 in the near future before ramping up to 1300" or something equally non-exciting. People like to buy ideas instead of things. People like the idea of a stock market that never goes down.

Fri, 11/07/2014 - 14:08 | 5424292 Son of Captain Nemo
Son of Captain Nemo's picture

I can't hate on the guy for lying. He's a salesman???...

A salesman "yes" but a salesman that keeps lying to your face when you know he's lying???!!! 

He's the weatherman in Oklahoma that tells you that the "funnel cloud" that's 50 miles long and 40 miles wide as you're driving towards it isn't anyting to worry about and that you and the kids in the back seat of your car should proceed without any cares -whatsoever!...

That's either being unconscionable to put it mildly or "fucking evil"

Schiff is selling real money in a rigged Casino! What is it again that Bullshit is selling you that only continues to depreciate as a "store of value"???...

Fri, 11/07/2014 - 13:53 | 5424239 Bunga Bunga
Bunga Bunga's picture

Translation: Even if everyone finds out that the numbers are all fake, we have the Federal Reserve to pump up the stock prices. Buy, buy, buy - what can go wrong?

 

Fri, 11/07/2014 - 13:57 | 5424249 FreeShitter
FreeShitter's picture

Summary....QE forever until WWIII

Fri, 11/07/2014 - 14:00 | 5424270 Consuelo
Consuelo's picture

Just when you think it can't get any more surreal, is when the real craziness begins.    That, and the fact that McCain is now in charge of the Senate Armed services committee, and the Neo-Con dogs-of-war are grinding their bits into file shavings to be let loose upon the globe - the party is just getting started.   Save some energy...

Fri, 11/07/2014 - 14:04 | 5424290 toadold
toadold's picture

I wonder how much money Bullard has borrowed to invest in the market?

I keep singing to my self, "Good Time Charlie's Got The Blues."

....."Everybody's leaving town...some got to win some got to lose.....fool around and lose your wife..fool to much and lose your life....everybody's going to LA....etc...."

Fri, 11/07/2014 - 14:27 | 5424305 medium giraffe
medium giraffe's picture

You can sense the inner turmoil in his mode of speech and mannerisms.  He probably wants this to be true, so very much, but he knows he's lying to the camera and to himself.  This is the road to mental ruin, and self deception is disastrous trait in a fund manager.

I pity this chap, so very lost and in very dangerous water.

Fri, 11/07/2014 - 15:38 | 5424741 explosivo
explosivo's picture

He's dead inside.

Fri, 11/07/2014 - 16:01 | 5424844 gswifty
gswifty's picture

I agree with everything you said except the pity-part. He's a grown man who's made his choice and should know better. Fuck him!

Fri, 11/07/2014 - 14:13 | 5424325 ZippyBananaPants
ZippyBananaPants's picture

That's hard to watch!

Fri, 11/07/2014 - 14:17 | 5424344 22winmag
22winmag's picture

Even factoring in hookers and cocaine won't help this circus sideshow.

Fri, 11/07/2014 - 14:22 | 5424365 Farmer Joe in B...
Farmer Joe in Brooklyn's picture

The level of hostility towards the bears on CNBC has gotten downright unreal...!! 

The.... top.... is.... near.....

I'm loading up the truck on long-dated XLF puts... January 2016.  If we don't see this whole thing collapse by then (I will be shocked), then I'll quietly eat my theta, roll forward, and load up with more until I'm right. 

Tick tock, tick tock.....

Fri, 11/07/2014 - 14:31 | 5424373 Victory_Garden
Victory_Garden's picture

Super interesting video here, folks.

Pass it on to the unknowing.:

http://www.youtube.com/watch?v=W5v27ZEp3EM

 

Fri, 11/07/2014 - 14:25 | 5424377 netpounder
netpounder's picture

From his expression (face, voice), you can easily tell he is lying and trying so hard to validate his lies.  Even an amateur would call and go all in on him if he was a poker player.

Fri, 11/07/2014 - 15:13 | 5424614 SheepDog-One
SheepDog-One's picture

A bit too desperate in their risk on bullhorning.

Fri, 11/07/2014 - 14:33 | 5424409 ekm1
ekm1's picture

To be slaughtered soon.

He is like a lamb being caressed by the slaughterer just before the kill.

Fri, 11/07/2014 - 14:35 | 5424416 Spungo
Spungo's picture

A guy convinced me to buy a corvette I didn't really need. HE IS EVIL!!!

Fri, 11/07/2014 - 14:34 | 5424418 orangegeek
orangegeek's picture

CNBC is a pile of shit.

Fri, 11/07/2014 - 14:36 | 5424423 franciscopendergrass
franciscopendergrass's picture

How appropiate.  A guy from the Fed his name has the word "Bull" in his name.  just like having the white press secretary named Earnest. The ironies.

Fri, 11/07/2014 - 14:36 | 5424432 Dr. Engali
Dr. Engali's picture

I had an interesting client review yesterday with a fairly conservative client who has been with me for abot 10 years. This client knows a little about the marktes, but not a lot. After going over her portfolio I suggested we that we had a good couple years and that we should back out of stocks and take some money off the table. Her response was " I don't want to miss any so I would like to keep it just the way it is .  I getting a lot of reviews with the same overall conversation.... 'I don't want to miss any".   I sense that they wil be sorry very soon.

Fri, 11/07/2014 - 14:42 | 5424466 medium giraffe
medium giraffe's picture

Fear of missing out was a tough one for me to overcome in my own efforts, even when I knew better.  The herd mentality is insidious and we're constantly encouraged to be impulsive.

Sat, 11/08/2014 - 03:25 | 5426723 StychoKiller
StychoKiller's picture

Mmmm, greed!!  Hope you have some PM diversity in that there portfolio, pardner!

Fri, 11/07/2014 - 14:52 | 5424510 yogibear
yogibear's picture

If markets go down too much Bulltard does his dance on CNBC.

Fri, 11/07/2014 - 14:51 | 5424517 Spungo
Spungo's picture

Fear of missing out is a curse of humanity. Even Isaac Newton got fucked by it. He initially profited from the south sea hysteria, but greed got the best of him and he jumped back in. He got hit pretty hard when it crashed.

Fri, 11/07/2014 - 14:56 | 5424537 cassotto
cassotto's picture

Bullard our saviour, our Billy Durant : )

Bullard is smarter though, he doesn't have to put his money where his mouth is.

Fri, 11/07/2014 - 15:00 | 5424557 sbenard
sbenard's picture

He's just looking for the "greater fools" who will buy his investments as he runs for the exits. He's talking his book!

Fri, 11/07/2014 - 15:10 | 5424599 SheepDog-One
SheepDog-One's picture

At some point they won't be able to shovel the shit fast enough.

Fri, 11/07/2014 - 16:04 | 5424860 exartizo
exartizo's picture

"when I was younger
the world was
never quite this
fucked up...at least...someone was always sane enough to keep liars, cheats, thieves, the mainstream media and politicians in line."

Fri, 11/07/2014 - 16:25 | 5424928 teslaberry
teslaberry's picture

the japanese are pumping 8 billion into the market every month. and the fed is secretly pumping money in ----shadow QE4. and if it gets bad facial qe4. 

Fri, 11/07/2014 - 16:41 | 5424983 Truth Eater
Truth Eater's picture

I'm sure I've seen this before.  Its the ass-end of the bull talking.

Fri, 11/07/2014 - 18:10 | 5425306 SAT 800
SAT 800's picture

You make your money when you buy. that's an old, old saying. Why would you buy into anything that was at record highs? I was willing to Buy B.ofA. stock at $5.00; but why would anyone want to buy a stock market that's as overpriced as this one ?

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