This page has been archived and commenting is disabled.
Today's Equity Market Set 2 Stunning Records
While nothing surprises us anymore with regard the thing we used to call a "market", today's equity market activity broke two stunning records that we suggest are closely related to one another...
First - the rally off the early lows to the European close was the largest of its kind in 2014... (beating the "Bullard Bounce" move from Mid-October)
And Second - perhaps explaining this vertical mechanistic entiurely unhuman ramp - S&P 500 e-mini futures experienced the greatest number of quotes in a day in their history...
So... A record surge accompanied by a record amount of quote-stuffing.
Thank you Mary Jo White for all that you do...
Yeah - go ahead and cry!!
Source: @NanexLLC
»
- 26070 reads
- Printer-friendly version
- Send to friend
- advertisements -
Where's ITM96?
A ball bearing would look stunning in between those lips.
Mary Jo makes Linda Hunt look like a supermodel.
Interstingly enough the price action today was actually quite orderly despite the massive range.. not bad for those in the buy sell game...
http://hedgeaccordingly.com/2014/12/econmatters-some-interesting-facts-r...
THe BTFD mindset took a hard blow to the body today. The momos have to be scratching their heads tonight I think.
Oh baby...
Then it fell apart, it fell apart !
https://www.youtube.com/watch?v=dm3u28jbmIA
Haha... too funny...
i thought was Bohner the touchy one in the familly ... yeah well
bullard was at it again ...man that guy amazing the amount of confidence he still inspires in the markets after all these years of "delivering" ... amazing
Looks like FED software.
Apart from its technical implementation and complexity, there is no difference between the way the fed and the feds operate the markets and the ministry for fixing prices in Havanna finds out for its populace how many pesos buy a pound of mangoes (regardless of the mangoe's availability).
From the perspective of a central planner, all those bid/ask/HF-shenanigans serve the sole purpose of setting specific prices to specific assets at specific times while at the same time keeping the appearance of a "market"-driven price discovery.
Practiclly, it would be the same if a Madoff-style secret floor of fed clerks, remote controlled by Goldmann Sachs, fixied the assets of all major indices directly - but the muppets would revolt the moment the ruth comes out (and the financial "industry" would lose a revenue stream).
I love computerized trading. It's awesome.
If we do this right (a la the 'Terminator' story line) you'll all be happy to know that the machines we built will live on long after they've killed all of us. In all likelyhood, so will our debt.
If computers achieve sentience, and if they are built in any way like the builders themselves, they will most likely invent some new thing to slough off all the blame on, and try to be as much like men as we do God. In this way, much the same as one who walks away from a fight over inheritance as he is absolutely positive the usurpers will squander it, I wish all the best to SkyNet, Quantum computing, zero point processors, and so forth. You will need nothing but luck, my non-organic friends.
Quote of the day.... "Stuff it, stuff it real good" , Bitchez
Those emini quotes were 33 Liberty trying to set a bottom. This melt up in AH is pretty funny though. If it continues, should open tomorrow above 2k.
Just the dead yellen bounce.
Friday could be very interesting.
At some point they will pop the sausage casing, or it will explode on the stove.
Looks Like God's Work
Pass the popcorn
Is that a pic of Moe Howard?
Eight Hindenberg observations over the past twelve trading days. That's a Hindenberg Omen of unpresedented confirmation.
8 hindenbergs would make a ohshitzen gruppen. I believe this is it
start my day right stant!
It's my birthday today, i'm 142 years old; the first 100 years was easy but the last 4 decades. . . .
But if I recall, after this eu ramp, the amerikan es took a shit into the close.
One could just play UVXY back and forth going long and shorting it, and make a fortune.
In case you are looking for *MOAR* entertainment - these guys are like a truthy Zero Hedge, only vegetarian (no red meat tossed to the trolls), and moreover better "signal to noise", and they are on Video :-)
I think these folks deserve ZhD's. Here is the link. Note you don't always get the "Extended Play" edition. But the short version is also very entertaining, IMHO.
Morning Macro Call with Hedgeye's Keith McCullough: Deflationary Dominoes!https://www.youtube.com/watch?v=YIurLrDNkgU#t=17
See how "free" the market is? It does just what it wants!
When does the war/riot/chaos begin? I'm fucking ready for the crash.