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Stocks Surge Back To "Prove" Friday's Jobs Data Was "Good" After All

Tyler Durden's picture




 

No news, no catalyst... just a friendly VIX-crushing to lift stocks across the board back into the green from pre-non-fram-payrolls... which 'proves' the jobs data was great (despite the Fed's LMCI saying otherwise). With Europe now closed, let's see if it holds...

 

 

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Mon, 11/10/2014 - 12:50 | 5432649 jubber
jubber's picture

oil tumbling again.... & Russell just lost most of its spike

Mon, 11/10/2014 - 12:53 | 5432669 TruthInSunshine
TruthInSunshine's picture

Fun-DURRRRRR-mentals!!!

("market" drooling/slobbering) Derrrrrrr.

Mon, 11/10/2014 - 12:50 | 5432650 Shocker
Shocker's picture

Of Course, we are in a recovery

Job Situation: http://www.dailyjobcuts.com

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Mon, 11/10/2014 - 12:53 | 5432665 Yen Cross
Yen Cross's picture

 Look at the U.S. 2year bond. LMFAO> US 2Y Yield    0.527    +0.024    +4.75%   

Mon, 11/10/2014 - 12:55 | 5432675 Coldcall
Coldcall's picture

Friday the 2 Y moved 7% at one point, massive moves.

Mon, 11/10/2014 - 12:53 | 5432666 Coldcall
Coldcall's picture

You have to laugh...

Mon, 11/10/2014 - 12:56 | 5432682 madbraz
madbraz's picture

Funny...as soon as treasury bonds have one day of incredible upswings in price (october 15th), there is immediate talk of an "investigation", but when the stock market goes up in straight line bursts every day, for no reason, no "investigation" takes place.

 

they will "investigate" all days in which they don't make money to find out how to eliminate them.

 

Mon, 11/10/2014 - 13:28 | 5432856 KnuckleDragger-X
KnuckleDragger-X's picture

the investigation will come after the fact and they will, of course, protect the guilty and hang the innocent. I get the feeling that won't work this time though, way too many fingerprints at the scene of the crime

Mon, 11/10/2014 - 13:09 | 5432757 BullyBearish
BullyBearish's picture

MUST:

Be seen normalizing rates while keeping market at all-time highs so the Sheeple believe rates are going up because all is well and it's time to BUY BUY BUY those Chistmas gifts; after all, look at all the money you have left in your pocket after we've lowered the gas prices for you.  Now give it back to us...and more!

Mon, 11/10/2014 - 13:14 | 5432785 BullyBearish
BullyBearish's picture

MUST:

Be seen normalizing rates while keeping market at all-time highs so the Sheeple believe rates are going up because all is well and it's time to BUY BUY BUY those Chistmas gifts; after all, look at all the money you have left in your pocket after we've lowered the gas prices for you.  Now give it back to us...and more!

Mon, 11/10/2014 - 13:14 | 5432787 BullyBearish
BullyBearish's picture

MUST:

Be seen normalizing rates while keeping market at all-time highs so the Sheeple believe rates are going up because all is well and it's time to BUY BUY BUY those Chistmas gifts; after all, look at all the money you have left in your pocket after we've lowered the gas prices for you.  Now give it back to us...and more!

Mon, 11/10/2014 - 13:18 | 5432805 FuzzyDunlop21
FuzzyDunlop21's picture

EURUSD tanking 75 pips used to be bad for stocks. Naturally, now its just bad for PM

Mon, 11/10/2014 - 13:23 | 5432822 SheepDog-One
SheepDog-One's picture

Fun-derp-mentals! Duhhhhhhh

Mon, 11/10/2014 - 13:27 | 5432851 Keltner Channel Surf
Keltner Channel Surf's picture

Felix the Cat w/ his Magic Bag of VIX, tryin' to save the day.

 

Russell Vol bottomed, at least temp, at 11:15, retraced half, and is now flirting like a gum-chewin' chearleader to perhaps roll back over.  Convinced that if R2K volatility continues to rise from current levels, the rest of the market gets pulled down post 1:45; but if it revisits and stays below Unch, all indices will set new piddly little records  It's a Russell world today.

Mon, 11/10/2014 - 13:40 | 5432895 pragmatic hobo
pragmatic hobo's picture

BABA is now almost a $300B company ...

Mon, 11/10/2014 - 13:47 | 5432914 TruthInSunshine
TruthInSunshine's picture

And worth every penny.

Whenever I buy a lot of 33,880 Chinese LED flashlights, which I do once a month like most consumers, I use Alibaba.

Mon, 11/10/2014 - 14:55 | 5433186 lincolnsteffens
lincolnsteffens's picture

Yeah, I heard on the radio today about the continuing improvement in unemployment. Must be so, NPR wouldn't report something that wasn't true.

 

Mon, 11/10/2014 - 16:08 | 5433589 P-Mack
P-Mack's picture

Settle down, the S&P500 is only up 0.19%... Jesus Christ.

...because every move the market makes is related to the last thing you read. Idiots.

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