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This Is The Biggest Buying-Panic In Stocks Of The Year

Tyler Durden's picture




 

Presented with little comment aside to ask why? (or perhaps, why not)

 

Source: @NanexLLC

Volume is huge:

 

... and USDJPY is still in charge. Also, purely coincidentally USDJPY spiked just as Lending Club broke for trading....

 

So was this epic rebating by the CME of central banks buying every E-mini contract they could find just to make sure Lending Club's IPO went off well?

 

Seriously!!

 

Alas, until Central Bank 13-Fs are finally released, we will never know.

 

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Thu, 12/11/2014 - 11:49 | 5540337 knukles
knukles's picture

Nah... It's all F-under-mentals

Thu, 12/11/2014 - 11:50 | 5540346 bania
bania's picture

Get 'em while they're hot!

Thu, 12/11/2014 - 11:51 | 5540358 FL_Conservative
FL_Conservative's picture

Because Kevin Henry said so, that's why!

Thu, 12/11/2014 - 11:54 | 5540369 Arius
Arius's picture

WHY?

 

Let me jump in first then ... why

Thu, 12/11/2014 - 11:56 | 5540371 bigdumbnugly
bigdumbnugly's picture

i thought that first chart was a map of western north carolina.

 

but when does 'panic buying' just become plain old 'buying' in this market anyway?

 

Thu, 12/11/2014 - 12:03 | 5540396 Ahoy Polloi
Ahoy Polloi's picture

Charts only the Lawnmower Man could <3

Thu, 12/11/2014 - 12:10 | 5540415 max2205
max2205's picture

Lending club, meet the ripoff club

Thu, 12/11/2014 - 12:21 | 5540440 economics9698
economics9698's picture

The only place on the planet in the black.

Thu, 12/11/2014 - 12:28 | 5540461 Bunghole
Bunghole's picture

Am I too late?  Did I miss another buying opportunity?

Oh well.  I guess my money will go to phyzz.

Thu, 12/11/2014 - 13:12 | 5540618 Newsboy
Newsboy's picture

Last Call for Greater Fools!

Thu, 12/11/2014 - 13:16 | 5540635 Zymurguy
Zymurguy's picture

+1 for Bunghole's avatar... whew, hubba hubba, woof!

Thu, 12/11/2014 - 13:26 | 5540674 Four chan
Four chan's picture

no doubt put mine and his together then we are talking.

Thu, 12/11/2014 - 14:35 | 5540896 ml8ml8
ml8ml8's picture

Any day now, the BoJ will announce they own 24% of every company in the DJIA and they're launching a hostile takeover of the entire thing.

Thu, 12/11/2014 - 12:07 | 5540404 pods
pods's picture

There is 800 gajillion bucks in funny money that has been conjured up.  They have to put it somewhere?

Or think of this analogy:

The stock market of today is like playing musical chairs when you are a frail skinny dude and the others playing are obese.

Sure you can survive, but the changes of serious injury have gone up quite a bit.

pods

Thu, 12/11/2014 - 12:30 | 5540474 greatbeard
greatbeard's picture

That was pretty funny, thanks.  I think this frail skinny guy will just stay put.

 

 

Thu, 12/11/2014 - 12:59 | 5540573 Poundsand
Poundsand's picture

And get crushed by some Wal-Mart shopper who is in their mid 50's riding a government supplied motorized chair weighing in at some poundage north of 350? 

Best not to play...

Thu, 12/11/2014 - 13:24 | 5540669 DetectiveStern
DetectiveStern's picture

SP500 at 2060+ today. 2080+ Tomorrow. Death on Monday.

Bob Geldof subsequently hailed 1000 years from now as a phrophet who would forwarn of the evils of Monday only for his message to be dismissed as a relatively poor pop rock song about a rampant teenager. 

Thu, 12/11/2014 - 14:35 | 5540900 OpenThePodBayDoorHAL
OpenThePodBayDoorHAL's picture

There's no such thing as money any more, stocks are money, London houses are money, fine art is money. It's not a surprise everyone wants some. (Did I mention that shiny stuff is money, too?)

Thu, 12/11/2014 - 11:52 | 5540353 eclectic syncretist
eclectic syncretist's picture

Woohoo!  We're all going to party like Charlie Sheen.

https://www.youtube.com/watch?v=gscM2vpUXIc

Thu, 12/11/2014 - 12:03 | 5540394 dobermangang
Thu, 12/11/2014 - 11:58 | 5540380 venturen
venturen's picture

FCK-Der-Mentals!

Thu, 12/11/2014 - 12:11 | 5540416 blaireauhedge
blaireauhedge's picture

Yesterday headline on Zero Hedge: "Dead-Cat-Bounce Done..."

http://www.zerohedge.com/news/2014-12-10/dead-cat-bounce-done-dow-dumps-...

Thu, 12/11/2014 - 12:17 | 5540431 flacon
flacon's picture

To be fair they also did warn that today could very likely be a short squeeze. 

Thu, 12/11/2014 - 12:22 | 5540441 SheepDog-One
SheepDog-One's picture

Right, ZH did clearly say get ready for the momentous short squeeze into Mythmass.

Thu, 12/11/2014 - 12:23 | 5540448 blaireauhedge
blaireauhedge's picture

So the dead-cat bounce was not done, then?

Thu, 12/11/2014 - 12:31 | 5540476 buzzsaw99
buzzsaw99's picture

the hyperbole is a minute to minute thing. you'll get used to it.

Thu, 12/11/2014 - 12:36 | 5540500 pods
pods's picture

Just glad that Tyler didn't put up the pic of the deer. That is what I like the call the Venison Omen.  No good for shorts.

pods

Thu, 12/11/2014 - 14:28 | 5540866 lunaticfringe
lunaticfringe's picture

LMAO! 

Maybe they will leave a little tofu on the bone for us nickle and dime traders.

Thu, 12/11/2014 - 14:37 | 5540914 SheepDog-One
SheepDog-One's picture

Everyone knows by now the entire market is only supported by an ocean of Fed fixing.

Thu, 12/11/2014 - 12:50 | 5540547 GooseShtepping Moron
GooseShtepping Moron's picture

The Fromunda-mentals, you say?

Thu, 12/11/2014 - 12:52 | 5540548 YHC-FTSE
YHC-FTSE's picture

Every time I saw another ZH headline, I used to say, "Go sell crazy someplace else, we're all stocked up in here". At this time, I'm just watching out for how much more insanity TPTB can pile on to the insanity-pyramid. We're way beyond the cukoo nest here as far as a systemic collapse is concerned.

The Fed and its minions take the fund out of fundamental.

Thu, 12/11/2014 - 11:50 | 5540340 Shizzmoney
Shizzmoney's picture

The "f" is for "fucking the American people in the ass"

Thu, 12/11/2014 - 11:50 | 5540344 BellevueTrader
BellevueTrader's picture

We trapped some people....

Thu, 12/11/2014 - 13:14 | 5540623 stormsailor
stormsailor's picture

we fucked some bear folks

Thu, 12/11/2014 - 11:50 | 5540348 thismarketisrigged
thismarketisrigged's picture

they dont even fucking try to hide this fucking manipulation anymore.

 

its just an in ur fucking face mentality.

 

a fucking 0.1 percent beat in retail sales brings the s&p up 30 pts?

Thu, 12/11/2014 - 12:11 | 5540410 Hubbs
Hubbs's picture

It really has become so bold that it is really nothing less than the FEDS/Market Manipulators openly/publically threatening:  " We DARE you NOT to be in  this market!

Thu, 12/11/2014 - 12:57 | 5540564 Bossman1967
Bossman1967's picture

untill I get in then the Dow will be 4,000 in the blink of an eye like the precious metals did

Thu, 12/11/2014 - 13:15 | 5540633 Meme Iamfurst
Meme Iamfurst's picture

one Iphone sale = 1 share of Apple= 30 dow points

 

new math...easy!

Thu, 12/11/2014 - 11:51 | 5540350 Bay of Pigs
Bay of Pigs's picture

Fuck....hahaha

Thu, 12/11/2014 - 11:52 | 5540355 Tsar Pointless
Tsar Pointless's picture

Free. Efficient. Markets.

Thu, 12/11/2014 - 11:51 | 5540357 silvermail
silvermail's picture

Only Gold.

Right Now.

Thu, 12/11/2014 - 11:55 | 5540370 craus
craus's picture

Only natural gas or UGAZ right now as it's been since for me October.

The Feds still play with the price of GOLD.

Thu, 12/11/2014 - 11:53 | 5540359 MarketAnarchist
MarketAnarchist's picture

Print these charts! After the collapse of society, you can burn them to keep warm!

Thu, 12/11/2014 - 11:54 | 5540364 Bill of Rights
Bill of Rights's picture

They know its fake so why try and hide it lol...they also know Joe six pack is home watching Jerry Springer, not Stawks!..

 

Famous line from the sheep " Oh I don't pay attention to any of that stuff "

Thu, 12/11/2014 - 11:56 | 5540375 Bay of Pigs
Bay of Pigs's picture

"I let my financial advisor handle all that for me".

Thu, 12/11/2014 - 11:53 | 5540365 coulous
coulous's picture

Is there anybody on earth able to stop this everyday fucking joke ??

Thu, 12/11/2014 - 12:21 | 5540444 Max Cynical
Max Cynical's picture

The day I go all in is the day the market crashes.

Thu, 12/11/2014 - 13:16 | 5540636 redux2redux
redux2redux's picture

Can you give us a prior notice?

Thu, 12/11/2014 - 11:55 | 5540368 chinaboy
chinaboy's picture

Why / why not: it is up to the Fereral reserve to answer.

Thu, 12/11/2014 - 11:56 | 5540372 Rainman
Rainman's picture

Lending Club lost $24M the first 3 quarters of the year....the perfect setup for a $15 IPO

Thu, 12/11/2014 - 12:11 | 5540411 Jlasoon
Jlasoon's picture

Who needs profits anymore?

Thu, 12/11/2014 - 11:57 | 5540376 jubber
jubber's picture

that was no buying frenzy it was the Central banks buying indexes, so every dow component green! like that is really natural total utterly rigged.

Thu, 12/11/2014 - 12:03 | 5540384 noben
noben's picture

Why do I get the feeling that Fonzanoon is now making real Bucks, now that he's back in the Matrix and Financial Planning the assets of his clients Matrix style? Go Fonz!

I'm guessing he's gone from Contrarian to Momentum trading. Maybe his buddy Doc can comment?

Thu, 12/11/2014 - 12:03 | 5540393 richiebaby
richiebaby's picture

Merry Christmas!

from us Fed Folks

Thu, 12/11/2014 - 12:03 | 5540395 ukspreads
ukspreads's picture

A lot of it is to do with contract expiry next week - Shit moves like these seem to occur every three months

Thu, 12/11/2014 - 12:05 | 5540400 orangegeek
orangegeek's picture

intraday spx moves up, vol falls

 

spx pulls back, vol falls

 

fuck you yellen

Thu, 12/11/2014 - 12:09 | 5540409 WTFUD
WTFUD's picture

It's written in the charts, er stars.

Thu, 12/11/2014 - 12:12 | 5540421 FieldingMellish
FieldingMellish's picture

Difficult to keep track. So (potentially, probably, maybe) rising rates are now good for stocks?

Thu, 12/11/2014 - 12:28 | 5540460 the grateful un...
the grateful unemployed's picture

everything is good for stocks, companies buy back their own share with zero interest loans, so stocks are good for stocks

Thu, 12/11/2014 - 12:13 | 5540422 ptoemmes
ptoemmes's picture

Must be EZ to spook algos and bots.  Wonder when somebody drops a STUXNET-like wrench into the works.

Sony Pictures...a sideshow.

 

 

Thu, 12/11/2014 - 12:17 | 5540423 coulous
coulous's picture

..

Thu, 12/11/2014 - 12:14 | 5540427 jubber
jubber's picture

great post

 3m3 minutes ago

Math class: $9T EM debt+$5.4T energy debt=$14.4T. A 20% mark-down (due to oil price, strong USD)=$2.9T losses=2x Subprime in '07.

Thu, 12/11/2014 - 12:21 | 5540439 Tsar Pointless
Tsar Pointless's picture

Holy shit! Since you put it that way, I see how bullish it is.

Thu, 12/11/2014 - 12:19 | 5540436 Catullus
Catullus's picture

Lending club? They make 1% service fees on interest paid. So... 10x their loans outstanding they bring in $500m total. Spread that cheese over 4 years and they're sitting at $125M in rev.

$5bn valuation and they're trading 40x Revenue! And that's if they 10x their business.

What a bunch of dogshit.

Thu, 12/11/2014 - 12:22 | 5540443 Tsar Pointless
Tsar Pointless's picture

I see crude has joined in on the fun, up almost a buck in the last hour.

Free. Efficient. Markets.

Thu, 12/11/2014 - 12:25 | 5540453 disabledvet
disabledvet's picture

If you're burning up natty gas on the wire and the price still falls then you basically have more where that came from. "Lever it up until the prices soars or dollar collapses" (or both.)

It's all about living in the moment....

Thu, 12/11/2014 - 12:26 | 5540456 monopoly
monopoly's picture

Explain to me again why anyone, anyone, would short these phony and broken markets....anyone?

Thu, 12/11/2014 - 12:29 | 5540463 BeetleBailey
BeetleBailey's picture

tax purposes....to offset gains.....nicely efficient

Thu, 12/11/2014 - 12:30 | 5540464 Keltner Channel Surf
Keltner Channel Surf's picture

At the risk of offending ZH-ers with my cynicism :) here’s a theory:

The largest institutions have profited from using QE money to goose stocks (given low rates hurt their banking business), partially on the backs of shorts from medium-sized firms and some hedgies.  When they decide to profit-take and dump a bit, they prefer to a) avoid a panic;  b) make the most they can.  So . . . on Monday we get a bearish intraday IWM reversal, followed by a 3%+ Russell rip off the lows on Tuesday, the largest daily candle in months, creaming any salivating overnight shorts, and passing the initial red Monday 15m candle to ensure annihilation of stops.  Next day, they relentlessly dump the crap out of it on Wed, only to “reload” today with the opening short ambush, again, thus far, stopping at yesterday’s ignition point, the 1:00 to 2:00 hourly candles.  

Unless you believe those with equal power on opposite side of the fence are trading every other day, allow the enemy to gain ground, this playing both sides of the volatility to rescue a shitty year in their managed and hedge fund business seems plausible.  Only if we get an inverse hammer, dumping from lunch back toward Wed’s lows, can we say this was a planned selling/reloading game versus continued ping-pong stasis.

Thu, 12/11/2014 - 12:33 | 5540487 buzzsaw99
buzzsaw99's picture

damn better put today's move on a log chart before it hits infinity

Thu, 12/11/2014 - 12:34 | 5540490 general ripper
general ripper's picture

Why?

What do you mean why? It's because every bigtime investor knows the PPT or the Fed or big banks or whatever is supporting this fraud we call a stock market, will step in and correct any decline. There will be no big correction until TPTB deem it so.

That is why!

Thu, 12/11/2014 - 12:43 | 5540518 Ted Baker
Ted Baker's picture

NOTHING TURNS ME ON MORE THAN TO SEE BYNGHOLE IN HERE MAKING SUCH A HYSTERICAL COMMENTS. GOOD ON YOU BABE. AND BY THE WAY WITH REGARDS TO THIS ARTICLE, SADLY THE FINANCIAL AND BANKING SYSTEM HAVE BEEN BROKEN FOR YEARS....

Thu, 12/11/2014 - 12:51 | 5540551 IridiumRebel
IridiumRebel's picture

First graph looks like a virus

Thu, 12/11/2014 - 13:02 | 5540586 Atomizer
Thu, 12/11/2014 - 13:13 | 5540621 jon
jon's picture

you guys are all kidding, right?

http://www.zerohedge.com/news/2014-12-08/nirp-arrives-us-tbtf-banks-tell...

did you forget already?

Thu, 12/11/2014 - 13:40 | 5540721 Atomizer
Atomizer's picture

I checked with all my banking accounts. No effect on me, if so.. not to worry. Grandfathered account holding won't effect me. They believe its only under primary dealer bank institutes.

Thu, 12/11/2014 - 13:19 | 5540639 Kreditanstalt
Kreditanstalt's picture

Up, up and away, in my beautiful balloon bubble

The world's a nicer place in my beautiful balloon

We can float among the stars together you and I

We'll keep the clouds behind us

Keep the moon beside us

So we can fly....!

 

Thu, 12/11/2014 - 13:32 | 5540701 Atomizer
Atomizer's picture

Perhaps your missing a few punctured balloons?

Nena - 99 Luftballons

Thu, 12/11/2014 - 13:59 | 5540790 TalkToLind
TalkToLind's picture

For you younger ZH'ers who have no idea what the heck we're talking about:

https://www.youtube.com/watch?v=_ii_WugJEJg

 

Thu, 12/11/2014 - 13:56 | 5540771 Peter Pan
Peter Pan's picture

Unjustified panic buying is usually offset by justified panic selling.

Thu, 12/11/2014 - 14:29 | 5540876 Trick Shroadé
Trick Shroadé's picture

All in.

Thu, 12/11/2014 - 15:47 | 5541253 Emergency Ward
Emergency Ward's picture

Don't get left behind HA HA HA HA.

Thu, 12/11/2014 - 17:43 | 5541724 WhatTheHellisHa...
WhatTheHellisHappening's picture

Are all you making money off these markets right now? Can you point me in the direction of learning how to do it? I am a 25 year old with no hope inthe future. Might as well make some money while there is money to be made... eh.

Thu, 12/11/2014 - 18:10 | 5541828 Golden Showers
Golden Showers's picture

That first picture with the colors reminds me of my penis.

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