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Stocks Surge Back To "Prove" Friday's Jobs Data Was "Good" After All
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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oil tumbling again.... & Russell just lost most of its spike
Fun-DURRRRRR-mentals!!!
("market" drooling/slobbering) Derrrrrrr.
Of Course, we are in a recovery
Job Situation: http://www.dailyjobcuts.com
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Look at the U.S. 2year bond. LMFAO> US 2Y Yield 0.527 +0.024 +4.75%
Friday the 2 Y moved 7% at one point, massive moves.
You have to laugh...
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.
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
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!
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!
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!
EURUSD tanking 75 pips used to be bad for stocks. Naturally, now its just bad for PM
Fun-derp-mentals! Duhhhhhhh
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.
BABA is now almost a $300B company ...
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.
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.
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.