This page has been archived and commenting is disabled.
King Dollar CATastrophe: Currency War Drags Dow Down Almost 300 Points
"Earnings Truth... You can't handle the earnings truth!!"
There are no belwethers left for talking heads to ignore...
Tech was weak on the day but we note once again financials falling...
Equity markets were weak before US earnings started...
Dragging everything red year-to-date...
As stocks were levitated higher after Europe closed until USDJPY hit 118.00...
"Most Shorted" stocks were once again squeezed... but this time they couldn't hold it...
Which leaves The Dow perfectly unchanged since QE3 ended...
The US Dollar weakened for the 2nd day - now down 1.4% this week... (notice the clusterfuck in Swissy as Europe opened and intervention chatter dumped and pumped it)
Which somehow is merely another derivative of oil...
Treasury yields ended the day unchanged after a huge roundtrip (but were starting to drop as stocks slipped late on)...
Gold, silver, and Crude all gained on the day as Copper gave all yesterday's "odd" gains back...
Crude ran up to yesterday's highs running stops but ended back below $46...
Since ECB QE, Gold and Silver are green, Crude and Copper lower still...
All eyes on AAPL now... which closed "not off the lows"
Charts: Bloomberg
»
- 27703 reads
- Printer-friendly version
- Send to friend
- advertisements -
I'm a non believer
I refuse and resist
I don't play no more
I'm a terrorist
I'm a radical pig
I exploit and abuse
I am total chaos
Whew! Off the lows of the day is all that matters! Booooyahhh
*Yawn... it means nothing. the shadow of crisis has passed..
Nflx off only 7% from ath everyThing is fine
Come on guys, they got this all figured out. Jawbone, followed by more jawboning, Jawbone, followed by more jawboning, Jawbone, followed by more jawboning, Jawbone, followed by more jawboning, Jawbone, followed by more jawboning, Jawbone, followed by more jawboning, then massive qe4....it's all good. The sheep still believe, which is the main thing to maitain control.
CATS & Dow Dogs living together!!! Snowmageddon!!! Mass hysteria!!! Basically ~ The WORST parts of the Bible!!!
But we will have saved the lives of millions of registered voters.
Voters?? That's a lovely concept
Does this mean that Yellen is gonna launch a little QE now?
Or will she put on her best Opera and start singing loudly..
I think this is the first time on ZH that I've seen a dimwitted economist reply to a clueless economist. It happens all the time on CNBS.
Nice catch!!!!!!!
Sheeple say: "This poppy field is great! Weeeeeee!"
'tis mearly a flesh wound
Dont worry be happy..
The government commands you
https://www.youtube.com/watch?x-yt-ts=1422327029&v=KZ1mA1NeUmU&x-yt-cl=8...
That's no big deal compared to the loss of bandwidth every fucking time one of those side banner Sekindo ads starts running itself without asking permission.
Die in a fire, auto run video ads. Who the fuck cares about a Sekindo fest anyway ?
Get NoScript.
Dude!! You need a better browser! You first need:
You next need add-ons that help preserve your privacy:
You should be good to go, with those privacy add-ons. Be gone with those lame-ass ads!!!
thank you noscript just installed on my machine and it runs *fast*
Holy crap a bar on the bottom says it blocked 34 scripts. No wonder you need a cray supercomputer to load a web page now days...
KMFDM +1
Kill Mother Fuckin Depeche Mode ?
Kein Mitleid fur die Mehrheit
Gesundheit.
No...
It is as dark as Depeche Mode...
Beast - KMFDM
https://www.youtube.com/watch?v=mxWC5M8C6VI
He should have put it in quotes and attributed the quote as that was an example of PLAGARISM.
That earns an instant red from me.
+1 to any DEPECHE MODE
The grabbing hands grab all they can
All for themselves - after all
The grabbing hands grab all they can
All for themselves - after all
It's a competitive world
Everything counts in large amounts
It's just time to pay the price
For not listening to advice
And deciding in your youth
On the policy of truth
Things could be so different now
It used to be so civilised
You will always wonder how
It could have been if you'd only lied
It's too late to change events
It's time to face the consequence
For delivering the proof
In the policy of truth
Never again
Is what you swore
The time before
Never again
Is what you swore
The time before
I can't stand this indecision
Married to a lack of vision
Everybody wants to rule the World.
Tears for Fears
Isn't it funny how time flies?
Honey, is that you!?
Are you a Libra?
No ~ "CANCER & his name is Larry"
https://www.youtube.com/watch?v=WclAFJSvyWw
Time to round up some russian spy's.
Goal-seeked earnings and revenues with stock buybacks will save the cotton candy equities markets!
We don't need no stinkin' jobs, income, or rule-of-law! More QE heroin for our champions!
watch, tomorrow the FOMC will hint that rate increases are not coming in 2015. and something to the effect that they'll do whaveter is needed. epic squeeze to follow.
"All eyes on AAPL now... which closed "not off the lows""
F5 with popcorn in hand
When the going gets tough, the tough get going.
By "get going" we mean "fire up the grill". We are high in the Rockies (8300 ft.), and it's freakin' 70 degrees !?! So we are doing the only sensible thing- throwing a luau. Oh and condolences to those who lost money today, stawks is a helluva drug.
Or.. They slip on some depends and shit all over themselves.
wonder how they managed this...Oh yeah, they r the FED.
(Reuters) - JPMorgan Chase & Co's (JPM.N) currency traders made a profit of as much as $300 million when the Swiss central bank shocked markets by scrapping its cap on the franc this month, Bloomberg reported, citing two people with knowledge of the matter.
JPMorgan netted $250 million to $300 million on the day the Swiss National Bank (SNB) removed the franc's ceiling of 1.20 against the euro, Bloomberg said, citing the people. (bloom.bg/1JBAh6Y)
JPMorgan was not immediately available for comment.
The franc soared by as much as 41 percent against the euro after the three-year-old cap was abolished on Jan. 15.
Citigroup Inc (C.N), Deutsche Bank AG (DBKGn.DE) and Barclays Plc (BARC.L) ran up cumulative losses of about $400 million as a result of the SNB's move, Bloomberg quoted the people as saying.
Bank of America Corp (BAC.N), Morgan Stanley (MS.N) and Goldman Sachs Group Inc (GS.N) have said the elimination of the cap had little impact on their operations.
JPMorgan told clients it would complete all orders at 1.02 francs per euro as the Swiss currency appreciated to almost 0.85 francs per euro from 1.20 on Jan. 15, Bloomberg said.
The decision allowed the traders at bank to assess their position immediately and buy or sell the franc accordingly, Bloomberg said, citing the people.
Wow.
Dem jpmOrgan guys must be psychic!!!!!!!!
They did a whale of a job
Because they listen to Jim Willie? He predicted it a couple of months ago I believe.
yo dog...
Such is the result of 33 Liberty's specially programmed, "bid-it-all because Mr. Yellen is buying," Bloomie Button.
English speaking soldiers in Ukraine and 20 other things you should know – Video
Rebels capture Ukraine commander in Donetsk airport fight, force prisoners to face angry crowds
Who gives a fuck?
You must as you replied.
Tonight the story will be
If reports good : Apple is the only stock that matters.
If reports bad : Apple is just one stock and doesnt really matter.
If reports is consensus : Apple hit earnings; super bullish.
Not sure anymore, is the collapse now in progress or still gonna happen sometime soon - I don't know where we are.
I will help you out with that.
VWAP is a joy to behold for daytraders. a 12 handle rally into it from below just before Europe close and then a 10 handle selloff into it in the last hour. It's like a fucking magnet.
VWAP: Volleyball, With Arbitrageurs Playing
Greece, Spain Italy and Portugal all going to resume their slide.
US = Japan
The Great Reset has started. Next the currency collapse and the bond debacle.
FOMC: Fuck, Our Magic's Curtailed
Just wait until Capt Jack and the boyz get to yaking it up tomorrow. They will be all over this gloomy bullshit that's going on.
Turn that frown upside down, join the party we are fixin to lite the fuse, this bitch is gonna blow!
MOAR!!!
It must be those 3 Russian spies that were arrested. Obviously Putin & Russia's fault!!!
only 10,000 DJIA Inc. points to go to good value.
Yes, I'm also waiting for that magic DJIA 27,000 and then I'm all in!
Have no fear, QE4 is near.
yesterday's Dow hourly showed ugly today
http://bullandbearmash.com/chart/dow-jones-hourly-retracing-sharp-move-t...
the Fed is the lone wolf keeping these markets up
Poblem is, tomorrow Yellen will mumble some bullshit about "patience" while Bullard queefs - or do I have that backwards - and we'll get to DOW 18k by close of business
Russkie news:
Russian Central Bank Deputy Head Shoots 3 Dead In The Far East Of The Country Before Killing Himself ("You can't handle the truth" video irony)
http://www.businessinsider.com/russian-central-bank-deputy-head-shoots-t...
Putin ordered Alexander Litvinenko murder, inquiry into death told
http://www.theguardian.com/world/2015/jan/27/putin-ordered-alexander-lit...
Russian riot police raid Crimean Tatar TV channel
http://news.yahoo.com/russian-riot-police-raid-crimean-tatar-tv-channel-...
Ukraine crisis: EU leaders warn of more sanctions against Russia
http://www.ft.com/cms/s/0/e6dad84a-a607-11e4-abe9-00144feab7de.html#axzz...
Crisis Finally Turns Russian Debt To Junk
http://www.forbes.com/sites/kenrapoza/2015/01/27/crisis-finally-turns-ru...
The Russian ruble has lost nearly half its value as sanctions bite and oil revenue drops
http://www.cbc.ca/news/world/ruble-s-dramatic-drop-inflicts-economic-pai...
Russia at Junk Risks $42 Billion Company Debt: Chart of the Day
http://www.businessweek.com/news/2015-01-27/russia-at-junk-risks-42-bill...
Top Official: Russians Will 'Eat Less' for Putin
http://abcnews.go.com/International/wireStory/top-official-russians-eat-...
One-Fifth Of Russian Banks Could Collapse In 2015
http://www.businessinsider.com/over-20-percent-of-russian-banks-at-risk-...
No. That is not Russian News. That is American News and the Western Allied News about Russia, peppered with opinion and propaganda. There are no Russian News Agencies on that list whatsoever.
That is DISHONEST.
Here is some information about America, Wall Street, and Russia which you might find shocking.
https://www.youtube.com/watch?v=kv_nX7TNQcs
Dr. Sutton was a Fellow at the Hoover Institute at Stanford University and a Professor at UCLA.
Wait until you find out that Hitler was funded and financed by Presscott Bush (President George HW Bush's father...), General Electric, Standard Oil, Ford Motor Company, and others DURING World War II..while we were providing weapons to the Soviet Union to combat Hitler.
https://www.youtube.com/watch?v=3sCpsq55uic&list=PL5534E330BC443B1C
Your shallowness is astounding.
We also gave the Russians Military Asssitance during Vietnam War so they could give the weapons to the North Vietnamese to kill our soldiers.
But you have no clue, do you?
I can verify anything that Dr. Sutton claims by doing a Wikipedia Search. This is not really a secret. It just is not widely known.
I am interested in your comprehensive response where you attempt to debunk Antony Sutton point by point. You can try YouTubhe on that topic and watch that video. But every point can be independently verified.
That is YOUR CHALLENGE.
Otherwise stop your shallow dishonest posts.
Apparently it's too late to warn you. There's two ZH sacred cows that you cannot badmouth without getting downdrilled and summarily fracked. So remember these simple rules:
1) Palestinians are not a fake people in a fake country, and they are awesome as proven out in the first intifada and all Jews are evil. Just ignore the second intifada and all the violence since that as that Arab-concocted violence is apparently just "noise".
2) Putin is the most awesomest leader in the "free" world. So what that he comes from a people who remain unrepentent and unpunished (unlike Germany) from the massacre of well over 20 million people. Putin...good. America...evil. Also realize that the CIA has infiltrated the Ukraine and is acting as the chief puppeteer as the Ukrainians are obviously too stupid to fight their own battles.
So stick to these simple rules and the idiotic Jew hating/Putin loving troglodytes that inhabit this blog will never downvote you!
Man, after being out in the boat fishing over the weekend I wish my depth finder would've looked like those charts. I would've loaded the boat with plenty of Grouper and Snapper....
Been out grouping snapper eeh?
Yes, their trim is quite mild. /family guy foreign dude
I said this back before Christmas: durable goods will be grossly incentivized just to move floor, and this will denigrate not only the floor but the goods themselves. People will choose to repair a shitty washing machine rather than buy a Samsung that just lost $250 in value.
This is significant.
But I can get some durable goods with my wife on the old one without it watching me.
I like being naked. Nudity is natural for me. Recognize, if I am being watched, they're getting a great show and their footage is completely inadmissible.
Missed the metaphor? Live openly and the Brain Police are powerless. You're open anyway, just dig it!
Monetary policy used by a central bank to stimulate an economy when standard monetary policy has become ineffective?
Honk!
Saggy Sue?
What is Quantitative easing?
Hmm....
It seems TPTB are buying the dip, melting-up those algos, selling the peak, and then dumping contracts.
Is that manipulation??
The SPX / BKX 5% recent divergence looks like it's still got 100 SPX points in it. What's the risk? My screens say we'll find out in just a couple days:
http://bigcharts.marketwatch.com/quickchart/quickchart.asp?symb=spx&insttype=&freq=1&show=&time=7
America needs to lighten up. Here's how.
To start with, the enlightened rabbis of New York, Detroit, Chicago and LA need to convert most of the negroid EBT recipients in their cities to judaism - similar to the conversion of medieval Khazars.These poor, victimized but now reborn folk should then be given one-way tickets to help populate Tel Aviv and ever Greater Israel. Anyone can see that such humanitarian, resettlement project would be a win-win for both countries. Revitalizing America would lose a bunch of unhappy and disgruntled people and friendly, multicultural/ racial israel would gain great musical (jazz and rap), enormous sporting (basketball and boxing) and extraordinary culinary (chitlins and soulfood) talents.
Why would we move the groid out of Detroit, Bronx, Brooklyn, East LA, and beautiful ghetto land of Shitcago? They are exactly where they need to be. When the EBT cards stop, they will solve the "unhappy and disgruntled" issue by themselves. Whitey can help (12 ga, 5.56, 7.62, etc.) with any suburban "spillover". Besides, the Jews aren't big into proselytising.
Great idea, but unfortunately, most soul food in general (and chitlins, in partickuller (sic)) is not kosher.
... and on the culinary front, don't forget them pork chops and baby back ribs :-)
The headline "Dow down 300 points" gets a lot of attention, but lets do a little simple math.
Here's a list of the 30 stocks in the Dow from Bloomberg today: http://www.bloomberg.com/quote/INDU:IND/members
Just in case you want to check my arithmetic. Sorry for the funky formatting.
Company Price
3M Co 163.63
AT&T Inc 32.81
American Express Co 82.40
Boeing Co/The 132.48
Caterpillar Inc 79.85
Chevron Corp 108.26
Cisco Systems Inc 26.90
Coca-Cola Co/The 42.39
EI du Pont de Nemours 73.18
Exxon Mobil Corp 90.95
General Electric Co 24.38
Goldman Sachs Group 176.49
Home Depot Inc 105.16
Intel Corp 34.19
IBM 153.67
JPMorgan Chase 56.20
Johnson & Johnson 102.09
McDonald's Corp 89.57
Merck & Co Inc 62.56
Microsoft Corp 42.66
NIKE Inc 94.50
Pfizer Inc 32.60
Procter & Gamble 86.49
Travelers Cos Inc 106.05
United Technologies 119.16
UnitedHealth Group 110.01
Verizon 46.35
Visa Inc 250.99
Wal-Mart Stores Inc 87.53
Walt Disney Co 93.97
Total 2,707.47
Average = Total / 30 90.25
Wall Street reports the Dow Jones Average = 17,387.21
Which is off by a factor of 192. See if you can find anybody to explain why the difference for such a simple calculation. Call your broker to see if he can explain how the Dow is calculated. Send an eMail to any of the Financial "Know it All's" to see if they can explain it. Maybe do a hard hitting piece to explain it.
Then you will begin to understand the extent of the hype that Wall Street and the MSM spews every day.
.
Here's a shorter version:
The Dow is down 1.65%...who cares because it will be at a new all time fucking high by COB on Friday.
Um, the stocks listed are weighted differently due to stock splits. additional issues, or changes in the compent stocks themselves. Thus, if one particular stock rises / falls $1, it may move the market by a much greater factor (close to 6.5x). Divide the sum of the 30 Dow stocks $2707 by the Dow Divisor which is currently roughly .156.
Just follow on: the Dow Divisor isn't a secret - it's posted each week in Barron's. The original poster may think he knows something about the markets, but if he's missing basic data like this, he needs to do more studying.
Is there a current list of the "Most Shorted" stocks?
NO. There are no causations or correlations, only collapsing price discovery across all paper asset classes. When you pour gasoline into fires under windy conditions, you know not the directions and intensity of the burns.
Get used to this bonfire entertainment. Predators are betting that there are still plenty of muppets willing to feed the fire.