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Party's Over: Closing Ramp Fails To Close Stocks Green
With bond traders back in the fray, US equity volumes were... just as shitty (around 35% below recent averages). Futures drifted lower overnight as Japanese election headlines wer dashed and USDJPY dragged stocks lower... then the US cash session opened and we were off to the levitation races (nope, no other catalyst at all). The Dow and S&P were mucvh less exuberant that Trannies and Small Caps and AAPL dragged Nasdaq higher. Treasury yields dropped earlier but bonds sold off in the US session to end the day unch. The USD rallied (+0.4% on the week) led by EUR weakness. Commodities were weaker across the board but WTI and Brent were cracked again to new multi-year lows (Brent under $80 - lowest since Sept 2010) as Brent-WTI crossed under $3. For the 2nd day in a row, VIX closed higher in the face of mixed equities. After 14 days in a row, the S&P ramped in the last 30 minutes.. but failed to close positive - Dow, S&P red.
For the first time since the Bullard lows ramp began, the last 30 minutes of the day saw a failed ramp attempt...
Off the Bullard lows... Trannies are up a stunning 18%
On the day, the S&P and Dow closed red!!!
It appears not everyone is so excited about these record highs... as VIX was bid once again as hedgers bought protection
Stocks and HY Credit were largeyly in sync though its clear stocks kept ripping and dipping...
HYG (the High Yield Bond ETF) had a notably weak day (after that late-day melt-up yesterday...
The USD rose today led by EUR weakness..
Treasury yields slid as stocks sold off overnight but rose during the US session to close unchanged...
Commodities were weak across the board but oil hurt most...
As once again oil futures got jiggy between 11-12 (European close) and 2-3 (pit close)
Brent-WTI dropped below $3...
Charts: Bloomberg
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Keep calm and Sell!
https://www.youtube.com/watch?v=-DT7bX-B1Mg
My favorite chart is the 5 year monthly of $LUV... efficient markets you think? must be from all those fee's they don't charge? #IAMGOINGNUTS
Already sold for gold... -_-
No Tyler, we do NOT want to start our own fucking adventure with Kim Kardashian. (Sam Kinison yell): aaaaaahhhh aaaaaaaaHhhhHhhh AAAAAAAAAAHHHHHHHHHHHHHHHHHHHHHHHHHH!!!!!!!
The move off the lows was OMG
Good to see potty mouth Tyler back
there's no society less polite than Fight Club.
if you can't curse under a pseudonym, what's the point of living?
TD should throw in 'fuck' or 'ass' into every post, just to piss off the nsfw censors.
Thank you brother. Uh, erm. Flak coming in from all sides!!!!! OK, Let's go, BITCHES!!$$$!!!!!!:&&-!!!!es!?
great points. THIS GOLD model => http://bitly.com/1rdUK8e told us to get SHORT gold the end of NOVEMBER, and that 900 an ounce could be coming on gold soon. OH DEAR!!!
Gold bulls have panicked looks on their faces, and with the Strong USD rally, that will get their heart pulputating even more. OH DEAR!
Hmm, no, not really.
Lower prices means greater acquisition potential, assuming availability. We understand things are manipulated. We don't like it but we understand. We also get that TPTB are going to lose control, sort of. They may literally lose control and we are golden (get it?). They may accidentally on purpose lose control to further their goals which do not equate to a strong US in any way, shape, or form.
It's all just more time and lower pricing for getting ready for the main event. If you are absolutely certain that $900 is happening this month I'll wait to buy it then. Just kidding. I'll buy now anyway.
Tomorrow: new all time highs.
S&P and Dow futures are green now. Confidence restored. See how easy that was?
Thank fuck fiddling happens only on days ending in Y or we'd all be fucked.
CARNAGE!
Listen.
Party over "FOLKS". Bear party begins.
Stock market Sucks ! LULZ
Yea, only two of the four major index futures closed at new highs.
Its pretty much a crash.
an old twilight zone episode
A gambler dude winds up in "heaven". At the casino he wins ... EVERY time. Absolutely loves it ... at first. After a while he gets bored and wants to lose ... still wins ... EVERY time.
turns out he wasn't in heaven, afterall
The bankers are just fine with that.
here's a thought, why don't you go jerk yourself off on seeking alpha or CNBS message boards, and GTF out of here?
As long as the dollar keeps ramping up oil will drop. When the dollar drops and oil spikes, those trannies are going to get taken to the wood shed.
But it's all rigged sector and FX rotation and churning anyways; these makets don't exist for the 99% - we are just along for the ride at the back of the bus.
King Dollar is gonna put a whooping on S&P earnings ---> capex cutbacks ---> layoffs
Now look atcha. All back of the bus n shit.
trannies were smoking hot all day! and closed up inside the the black!
BTFD...!!!!!!!
What no ATH I guess it BTFD time.
Now that the FX scandals are all paid up and cleaned up, there's nobody brave enough out there to pull back that damn dollah and goose the EUR. I'm sure the replacements will arrive soon tho.
INX$
Less liquidity than in a nun's nasty
Would it not just be more fun to refer to Mr. Bullard as Mr. Bull-tard!
Yes or BlowHard
I would prefer 'Mr Get-out of dodge before SHTF'. Neither he nor his great grandschildren will go unscathed.. Reaping what ye sow and all that...
Only didnt ramp because ZH mentioned it.
His name was Fonzanoon and he was Beta long... And in the end he was right... This pig is going to crash upward not downward. The end might look like 25k DOW with 2 shares traded.
Sell high sell low fuck the golden rule!
QUICK! Get Bullard in front of a camera to announce QE4!
Privateers trade risk free. So they are happy to help the Fed as long as helping the Fed generates profits. When the Fed can no longer provide risk free trading, the will disappear imediately. That could be a disasterous day for the market, a yikes moment.
http://quillian.net/blog/
Wow $80 brent and gas prices haven't budged in three weeks. Still $3.10 a gallon like oil was still $90 a barrel.
Diesel hasn't dropped at all. Still $3.65 the same as a month ago. Oil dropping doesn't mean anything if it doesn't show up at the pump.
I don't know what the f is up with Apple. I guess terrible sales and lawsuits are great for stock prices.
"I don't know what the f is up with Apple." Moron bulltards with more credit than sense...
I just paid $2.479/gal.