This page has been archived and commenting is disabled.
Some Folks Were Short-Squeezed: "Soothing Statement" By Fed Sends Stocks Green For 2015
You just have to laugh... oil is lower (though bounced at the close) and Greek debt is crashing and the mainstream media proclaims this idiotic ramp (driven by FOMC Minutes and Charlie Evans) as due to stability in crude and Europe... It's The Fed, Stupid!!
A gentle reminder... from The BIS in December - mocking Bullard...
Once again, on the heels of the turbulence, major central banks made soothing statements, suggesting that they might delay normalisation in light of evolving macroeconomic conditions.
Recent events, if anything, have highlighted once more the degree to which markets are relying on central banks: the markets' buoyancy hinges on central banks' every word and deed.
Which is so massively ironic that in the following month there were 3 Fed stick-saves!!!
Notice the Fed interventions are coming at smaller and smaller corrections... Bullard -10%, FOMC/Yellen -5.5%, Evans/FOMC Mins -3%
This is the 2nd biggest 2-day short-squeeze in 14 months... 2nd only to the one that occurred on the December FOMC meeting...
Which smashed stocks back into the green for 2015...
1400 point roundtrip in Dow...
Because oil stabilized (umm no!)
Or because Europe stabilized (umm no Greece crashed today)...
And even JPY carry couldnt keep up with equity exuiberance... stalling at 120.00
As rates also won't play along - still notably lower on the year...
Rates oveerall are down 10-12bps this week
The USDollar rose once again on EUR weakness but oince again USD sold off in the afternoon session...
Gold and silver down small along with copper as even crude saw lower vol...
And this happened in Crude...
Charts: Bloomberg
»
- 16337 reads
- Printer-friendly version
- Send to friend
- advertisements -
DOW 20,000...
I think you're right, but do you think it will hit 18,000 before it hits 20,000?
The shorts will help it move faster when the trade gets crowded. Bears need to stay in their den, stay out fo the cold and not go against the owners of the casino.
It is my understanding and my belief, and I intend to maintain this belif, that Harold Sachs, above all, stood for freedom.
https://www.youtube.com/watch?v=VI6tBwVjyOY
The last time we got all dirty Greek the Spy went up 50% in 18 months....strap on or strap in....
Peak Fed statements. Are they going to be talking everyday from now on? Maybe each member can each issue a staggered statement every hour of every trading day.
"but do you think it will hit 18,000 before it hits 20,000?"
who cares...its all bullshit...
im gonna buy Silver every fucking week and could give a shit about the equity Fraud Markets.
phony paper profits for those dumb enough to stay in the MoneyChangers casino...
more REAL money for me and my family...
DEATH TO THE MONEYCHANGERS.
how did i never realize bullish is just an anagram of bullshit without the t?
bullshit
bullisht
bullish
tada! ? ?
guys i might have just figured out the stock market. bullshit makes it go up!
oh ho ho ho ho ho
It's all Bullshit!!!
Bearish = I Be Rash
Bailout = Tabouli?
For now it all sounds good to the ignorant, uninformed or those in denial. The fact is the White House is playing a dangerous gam and kicking the can down the road. Everyone knows this can't go on forever, its just that Obama doesn't want it to implode on his watch...he is concerned about his legacy. At some point the monye printing, monumental additional debt and irresponsibility of our government will drive this over the edge. Right now they only care if 51% of the people are happy...
Long foam mattress toppers...
long futons and macaroni
I am alarmed that you (as of this moment) got 8 up votes because what you're saying makes zero sense and I am concerned for your sanity.
Why not 20,000,000? Then all the billionaires can be trillionaires! It's like magic. The rich get richer and then they get richer and then they get even more richer...(keep going infinitely).
Meanwhile back in the reality of average people everything at the supermarket costs more and comes in smaller packages while jobs pay less and treat you even more like shit than they used to.
"Meanwhile back in the reality of average people everything at the supermarket costs more and comes in smaller packages while jobs pay less and treat you even more like shit than they used to."
bingo...
"there is no spoon and there is no inflation."
Ben Yellen -
Could be. I know FCX is shitting bricks right now. Heavily invested in oil and mining. In fact it appears a few south american nations have already instituted price caps on Cu at $3.00 even if it falls lower, along with quasi nationalizing of mines. Break even is around $2.50, after that shit unravels... The word for the day was "cut backs", which is code for layoffs, etc. Mining is going to get bumpy...
JOIN FOR FREE!!!! Everyone welcome!
www.gunsgrubandgold.com
It's not all Beer and skittles - I have a good friend who owns 3 gas stations. Gas maybe cheap but so cheap his turnover is down 30%. 30% less cash flowing through the Till causes some major problems. I said bullshit if gas is cheap people would by more. He said you would think so but when the size of the gas tank is 25 gallons they can't fit 26. What would you do if you had a 30 % pay cut? I guess that flows up stream to the wholesaler and then on to the Majors.
One day the Market will meet that beast called Reality
Has anyone tongue punched a fart box today?
S&P is below 2000. Time for some jawboning by Feds? @federalreserve what's your target price for S&P for January and for 2015?
https://twitter.com/venigallas/status/553031575185920000
CNBC has the dumbest gibbering baboons on right now.
"Everything is great, drop in oil won't affect employment in North Dakota, oil just needs to remain stable, Draghi will buy sovereign bonds, U.S. is decoupled from the rest of the World" etc.
Sure, no volatility out there, no weak hands getting shaken out, no problems whatsoever, BTFD!
Heard all this bullshit in 2007-2008. Dumb fucking baboons.
stop picking on the real babboons-they are smart and loving!
Weird and OT: We have the radio on and they just did the Emergency Broadcast Alert test. When it was over, there was some static and then you could hear a barely audible voice say "muslim" followed by "group" or possibly "community". Uhhhhh??? (it was classic rock not news/talk)
your Zio media masters subliminal, or not even? messaging
You weren't supposed to hear that. Not conciously, anyway...
Acid flashback?
No, definitely heard muslim followed by group. Don't know about you, but these days when we hear that god awful warning sound we get that dread "oh boy, here we go" feeling. Then to have a voice whisper those words.... The guys above you jumped to the same conclusions we did. Still a little creeped out but probably nothing. Move along!
I heard it too, but it sounded more like "Buy The Fucking Dip". Wierd huh?
It is absurd. The US shale industry will go completely dark in a few months if oil stays below $70-80. It cannot survive at $50. That sector will be vaporized (by defaults and bankruptcies) within months, not years.
In other words, it isn't Russia that's in trouble here.
"CNBC has the dumbest gibbering baboons on right now..."
fucking A-Right...
fucking LIESman is speaking as i type...
if i ever meet him in person im gonna kick him in his tiny balls...asshole.
4 hours of that fucking empty suit dipshit Tyler Matheson today, I could only survive 2.5...
CNBC can be help if you just leave the volume off and read the symbols flashing across the screen along with the newsflashes they have up. But if you listen to those disgusting mother fuckers pump and pump and bullshit, giving fifty fucking reasons why their positions are going to do this or that, or GO FUCK YOURSELF YOU DISGUSTING MOTHER FUCKERS!!!!!!!!!!!
WE DID IT!!!!
#WINNING!
nothing says economic strength and Dow 18,000 like….
"Macy's shares climbed more than 7 percent in premarket trading Thursday after the company announced it plans to lay off about 2,500 employees and close some stores as part of a cost reduction plan.
The retailer said it will combine its Midwest and North regions and reallocate within its regional divisions to streamline its operations.Five stores are expected to be closed in the spring. None are in Illinois. Stores in Arizona, Kansas, Missouri, New York and Utah will close in the spring. But eight new and replacement Macy’s and Bloomingdale’s stores are in the works.
When the dust settles, Macy’s – which has corporate offices in New York and Cincinnati – will have 844 stores in its system. It expects the moves to save it about $100 million a year. It is cutting front-end employees at some stores, although it did not specify where or how many. It will also reduce staff behind the scenes, including some merchandise planning positions and central office roles."
Some of the MOMOs didn't play along, or they levitated higher on tiny volume (NFLX). Chipotle must handing out free crack or something, up $70 in two days.
QE - moar dangerous than Meth ?/??
It's The Fraud, Stupid!!
i certainly hope the fed heads are not allowed to own any equities because that would be, well, just wrong!
Their existence is, well, just wrong!
So what happens when people actually realize just how desperate the Fed is to keep the wealth effect alive?
Man, bond market deflation would just be ba-rootal right now.
So what happens when "them" realize we're not just trading on zero volume but zero liquidity and with zero money too? I'm sure it'll all work out...
Any who
Apologize to Prime Minister Poopie-reau from Greece now too!
(Yes, and Czar Poopie pants too.)
Blame IBM!
The WOPR!
HAL....you name it!
It ain't me bro!
Soon Feds will just be streaming statements live 24/7.
have each of them record a unique soothing statement to be played during each little correction and they can literally phone it in!
Pay-for-view tag team. Shit, I'm in.
or daily 5 minutes of dovishness, a la Orwell
should do the trick, right after Europe closes
"inflation is well contained, we have always been at war with deflation"
Maybe it can become like morning prayer?
Introduce in schools and workplaces throughout the land
Give us our daily bread
"I pledge allegiance to the flag of my Zio media and finance masters, and to the Republic that they have designed for me"
Nice ... the dark pool fat finger really ripped the face off the crude shorts
Rather than endure today’s pre-Jobs afternoon horizontal hell any longer, I finished reading Calvino’s If on a winter’s night a traveler, and it seems an oddly appropriate metaphor for our postmodern markets.
A glance at the daily charts and headlines since Sept reveals multiple stories starting then breaking off mid-tale, a blurring and folding of reader vs. author, a 2nd person narrative style that confuses participants’ roles, a paranoid reflexivity in which markets, fearful of the Fed, ignore data, while the Fed, fearful of data, react solely to markets. Life imitates art, but you can’t put a frame around it.
I think I prefer the book to the boring movie on FreeStockCharts.com today.
new ATH tomorrow on blowout jobs numbers. goal-seeked, must keep the narrative alive at all costs blowout jobs numbers, that is.
I will be massively disappointed with anything less than 2100 by the close, then two blissful days of rigged NFL playoffs, shit beer and bad pizza delivery for the sheeple, Merika fuck yeah!
Nothing matters anymoar except the US stock market. Leading indicator and whatnot.
Either Evans or Bulltard will mention QE 4 again. Just a matter of time.
Rates at 0 and infinite QE/printing.
The Zimbabwe economic plan.
From my laboratory in the castle east
To the master bedroom where the vampires feast
The ghouls all came from their humble abodes
To get a jolt from my electrodes...
They did the Mash
They did the Monster Mash
It was a smash
It was a graveyard smash
It caught on like a flash
Just like a flash
It was the Monster Mash
Oh for fuck sakes - everyone knows damn well the fucking finanical terrorists that plague the fed will and can never raise rates outside of a token 15 or 25 basis points.
they cant raise rates, so fucking obvious...Peter Schiff has been right about this for years
Went from exuberance before Christmas, to SHTF for two days (including media coverage of it), to central bank euphoria. Hilarious.
Well I sure as hell hope everyone bought the fucking dip the other day!
Now sit down strap in and shut up, we have count down for the moon shot!
These unrigged markets are greaaaat!
Let me be as simplistic as I possibly can here on the markets. Bottom line is that the Jews put Obama into office so the Jews will protect their nigger. The Jews-media got his back and so does the Jew-Fed. It can't be any more explained than that.
I didn't know Las Vegas Dave had 8 ZH aliases?
Bush was a closet Sammy Davis Jr
Tomorrow should see the beginning of a significant pullback in the major averages. The bear rally from Tuesday has about run its course. The S&P should start the turn back down in the area of 2070-2075.
http://www.globaldeflationnews.com/sp-500-indexelliott-wave-update-for-w...
http://www.globaldeflationnews.com/dow-jones-industrial-averageelliott-w...
BTFD chumps. This market is so easy to trade a child could do it. Haven't you learned by now?
I think the market will continue to go up as long as ZH readers come here every day and marvel with incredulity at the market going up.
i only marvel at Eugenia
Bullard no doubt has a bounce in his step as he - easily - wins the 'hoos bigger' contest
You can't help but laugh when the VIX is trading the 17 handle and it's down 2.3 points and that's an 11.91% daily move! http://www.bloomberg.com/quote/VIX:IND
What an illiquid graveyard of trading these ponzi markets have become. rotfflmfao.
In the old days, I'd be running for cover long time ago, today, "squeeze" me baby, I can take it!
looking forward, to the next CRIMINAL "squeeze"...Right?
In the old days, I'd be running for cover long time ago, today, "squeeze" me baby, I can take it!
looking forward, to the next CRIMINAL "squeeze"...Right?
Any 'folks' who were short deserve everything they get. Idiots.
I understand your point about the futiitiy of those starry-eyed dreamers trying to "fight the Fed" and this massively rigged game we're all in, but I'll be damned if I'm going to taka shit on pepole who hae the guts and conviction to stand on reality-based principles and are willing to put their money where their mouth is.
I find it funny that people think someone besides a PD or CB are short in any significantly market impacting way.
Only a 'PINKO COMMIE' Folk would be long. The likes of you are what have shaped this disgrace of a nation. Go to NK and live with others who think just like you do.
Forget this every 3-4 weeks bullshit....why don't we have one of the gracious Fed masters just come out and say a few words EVERY @$#%ing DAY for the foreseeable future and we can get to Dow 100K by summer and all be rich?!
Yellen: we tortured some folks (by squeezing their nuts in a bear trap).
How the market doesn't work:
http://investfts.blogspot.co.uk/2015/01/how-market-doesnt-work.html
And I can almost guarantee the cocksucker who wrote that conesceding screed will be one of the first assholes to leap from a skyscraper when there's a 40% correction in the market. I a hope the son-of-a-bitch winds up as little moe than a red-splattered shit-stain on some sidewalk in NYC, Chicago, or whatever crap-hole he lives in.
"it's time to cut the short trees!"
-TPTB radio
The Fed should have it's own propaganda television station..., wait a minute, it's CNBC.
Well said Yogi, I green arrowed you...a couple more and you will have surpassed cnbs viewership for the day....
The charts read more like a regular riot every day
This must be all the poor people taking Yellen's advice and buying stocks. And this could only mean that housing wll go up as all the homeless people will be buying McMansions soon. Yellen says if your poor buy houses and stock. You'd be a fool not to take her advice.