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Late-Day Stock-Selling Scramble Almost Ruins Christmas, Crude Crash Continues
With everything decoupled from stocks...
This seemed rather apropos...
Record highs for the S&P, Dow, Trannies, and Russell 2000... on NO volume.. as oil tumbled, treasury yields fell, and credit widened... sure why not!
7th Day up in a row for the Dow... off the Yellen lows...
Although the 2nd day in a row with an ugly close... with The Dow clinging to gains...
Leading stocks to record-er-est highs
Even as Crude oil fell back below $55...
Decoupling entirely from stocks...
Treasury yields dropped today but are up on the week...
also decoupling from stocks...
The USD gained today to close the week up 0.45% at multi-year highs...
Despite USD strength, Gold and Silver end the week unchanged as copper and crude crashed lower...
Charts: Bloomberg
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My longs need more ' the top is in so I'm shorting it here' type traders so please line up and jump right in.
Pass
oil down 1.7% is a crash? Tyler doesn't have enough drama for clickbait today so he's making stuff up
www.youtube.com/watch?v=Q5i3A6AdeIkWhats with all the Tyler hating all of a sudden? Im guessing he called it a crash because he likes alliteration and "Crude moderate decline down to resistance level continues" doesnt quite have the same ring to it. Dipshit
No. "Crude Crash Continues" is not the same thing as "Crude crashed today." The crash he is reffering to is what has transpired since October 1st. Isn't that the date? You missunderstood his timeframe.
This is actualy an exceptionaly accurate headline for Tyler.
A "Crude Crash" is what is really, factualy, occuring and ongoing before our eyes. It's not even hype!
Maybe he should step it up in the hyperbole department.
What is worse than 'Crash'? ... Implosion? Free Fall? Deflationary Collapse? Crude Armageden, maybe?
"Crude Crash" is too close to reality.
ahhh the good old days when one could think they could short this market and possibly profit....I remember them well
Anyone who still believes they can win by shorting any stock that has the smallest of pulse, just hasn't been paying attention. The rules are different now....heads they win, tails you loose is the new game. Banks DO NOT have to cover a loosing short position, you do...thanks to George Bush and his executive order 2008.
I won a lot money shorting WLL, OAS, and MGM.
I have decoupled from stocks long ago. It's just catching up.
WANGO TANGO
https://www.youtube.com/watch?v=LqFUEcM9wR0
Just the algos giving each other a holiday reach around.
For a short holiday week there was a bit of bounce in the TOMO flow. $258,962,000,000 was a 20% increase from last week with another $49.5B pushed out to 1/5/15. Good times.
<this space for rent>
Do you take EBT cards?
It's all fungible.
Rent?
Why that I didn’t think of that before?
There is no longer a stock market that one can honestly say is based on fundamentals because of the Federal Reserve. I also think that any corrections are suspended until further notice by these same assholes. You want to trade that? Be my guest.
Did you notice the video was published on youtube Mar 13, 2013, Uh three months short of two years ago?
It's always good to plan ahead. Uh right?
Poor russia
Almost seems like some BRICS (Russia, India, China?) are helping drive it down, so that they can BTFD* and store up supplies of Key Commodities on the cheap.
And when you have a zillion tons of cheap key commodities, then and only then do you DECOUPLE FROM THE USD. After that... you get the popcorn & drinks, and watch the Shock & Awe of the "FX and Derivatives Markets".
* Aren't you supposed to buy when prices are depressed, and aren't they depressed the most when there's "Blood in the streets"? The latter was, as I recall, the buying motto for the Rottenshields.
US Petrodollar is fighting for its survival. Who cares for derivatives?
All commodities, including gold will go down, and down hard.
Gold is NOT a commodity . . . it is MONEY.
Wheat is a commodity, along with pork bellies, oil, copper, corn, lumber, etc., etc., etc.
which are all CONSUMED. Gold is not consumed, it is retained wealth.
You Fail.
Gold, silver, nickel, copper -- call them what you want, I hoard them all.
Crisismode
Gold is money?
Says who?
Then, how about diamonds and platinum?
Anyway, gold is not intended to be circulated, so it CAN NOT be labeled money, Period!
Money (dollar, Euro) = Medium of exchange.
Currency (say a gram of gold, wheat) = Median of weight.
Store of value = Gold? ………… Depends who you ask.
You have your terminology backward. The dollar and Euro are currency. Gold is money. Here is why, when you take your Disney land money outside of Disney land it isn't any good. When you take gold anywhere you can either convert it or spend it.
Maybe you don't buy right.
We have been spending gold and silver for several years. Get better deals than using fake fiat paper.
Platinum Yes,
Diamonds, No since they vary in quality.
Really?
How about gold purity? Can you tell how pure gold is by looking at it? Then, how much gold is in there?
See the problem?
Money is what that nation central bank tells what it is.
Then, if you want to convert it to gold, it’s all up to you.
An example:
You go overseas and covert your currency to the local currency.
See what I just said? I called both “moneys” currencies. I am weighting (exchanging/pricing) one currency against another.
But, when I step outside in this overseas location and start spending it, it’s called money.
Catalytic converters and cutting tools.
Stack On
That's the way I look at things. "Government Motors.". That's a lot of refined product for not a lot of money.
Incredibly there is a profit margin in there.
I can't even imagine trying to compete with that.
Not that that has stopped Tesla from doing just that of course.
What the hell...why not send a bunch of folks to Mars?
There is no longer a stock market that one can honestly say is based on fundamentals because of the Federal Reserve. I also think that any corrections are suspended until further notice by these same assholes. You want to trade that? Be my guest.
Robo traders and pluge protection team are the drivers now.
You beat me to it. Didn't see your post.
http://www.investopedia.com/terms/p/plunge-protection-team.asp
Do you want a side of onions with the double shitburger?
Are they rings with special sauce? I'll take that side you can have the main course. Enjoy it now, you may not get another for quite a while.
Sum Jung Gai Sauce
Madness, absolute Madness. Never felt better about my gold, silver and quality miners. I have been trading and investing for over four decades. This is beyond absurd. I feel like I am watching a grade B movie that never ends.
No shorts, except a little VIX.
Have a good weekend all.
Federal Reserve Plunge protection team defense before CC invoices are due in mid-January 2015 and IRS in April 2015.
When will the oil price derivatives kick in?
Keep your eye on this, the rest is peanuts.
Its a big club, and we're not in it!
It’s a big club until they get wiped out. 2+2 =4.. not (-5) NIRP. This is a global event. Ripping down Wall Street is going to be fun. Criminals walking around are going to have a experience of their own dose of lies. Non-sufficient funds. But, but your billionaires? right? Free money?
Situation normal, all fouled up. The system begs for cheating and lying, aka, accounting shenanigans. Madness is being manifested on a massive scale. Honesty is dead and everyone is a sucker. Bitter? Fuck that! Bullish to infinity!
Don't worry, can't happen here. (Disclaimer)
And we decided the shotgun to save the song. I flip my hat to the new constitution, eat some chow for the new revolution, smile and free with the chains all around, pick up my head and shoulders and say, just like yesterday, i'll pick up my fees and play. We don't get fooled again, no no.
Who wrote that.
My "shorting", is bound to be profitable next week.
all smiles, for 2015...you reckon?
Bend Over and ram a cactus up your ass Luna_man....that's what you'll be feeling with your shorts in the coming year.
Yah boo! See, you were all wrong. "The U.S. economy grew at a rollicking 5 percent rate in the third quarter". And Michael Grunwald should know.
http://www.politico.com/magazine/story/2014/12/everything-is-awesome-113801.html#ixzz3N2v3t4Dg
Buy the Fed's words, become rich bitch!
One of the Tylers is arithmetic challenged.
Charting stock prices against a Bond yield is very misleading. When Bond yields go down the actual Bond Price is going up.
The correct chart would show 30 year bond prices increasing along with the SPY stock prices.
Readers might wonder if 'Smart' money is leaving the stock market and moving, quietly, to the safety of Government Bonds.
Don't just believe me. Pull the charts for TLH and TLT. Their annual return is up 21% and 11% on Schwab.com
TMF and LBND look even better over the last year.
You could also read
http://www.investopedia.com/university/bonds/bonds3.asp
Historically when bonds move higher , in value not yield, stock prices go down and visa versa. It is common sense, when money moves it goes form one venue to another: debt or equity The Fed's interventions have fucked up that model, at least temporarily
The Tylers' aren't, 'arithmetically challenged', you are.
Keep them charts coming.
If I never see another Ebola story or BitCoin story it will be too soon.
https://news.vice.com/article/blackmailers-are-threatening-the-czech-rep...
Stocks at highs, oil is at a support level, and silver and gold continue to trade sideways. It shouldn't be long now until the banking sector breaks under the pressure of long oil margin calls.