I'm slowly coming around that "Stock DO know" -- in the aggregate and time-averaged sense. Their limitation is that they cannot front-run economic earthquakes and Tsunamis, but are otherwise PDG.
To use an analogy from a cool TV show "Brain Games", it turns out that The Crowd is actually remarkably good at guessing how many Jellys are in a glass jar. Although the individual guesses varied greatly (from several hundred to several thousand), the Average of all the 20 guesses was within 1% of the Actual number. Astonishing!
Lesson: You can go broke faster by betting against the Fed and Wall St, than you can by betting with them. The 'Trick' that most people here miss, I think, is to hedge your assets enough -- to survive and outlast any downturn during the time-frame that you may need to cash in. Put another way...
The Tylers and the owners of similar blog sites might be getting comfy or rich with permanent Doom, Gloom and Boom, but the rest of us aren't. I favor Perspective, Balance and Hedging. But to each his own.
Yup, and that anyone left in the middle class with a 401K/IRA has it in a stock index fund run by vampire clowns like TIAA-Cref, Fidelity, and CALPERS.
We have saturated almost every device capable of storing wealth. Lots of people have tried to put something away for the future but the vehicles have all been driven up in price. Gold should be the go to wealth asset but in today's gold market one gets only the promise to deliver gold in the future unless one is willing to hold physical.
Soon these things we use use will drop in price as the central banks hesitate to print. When they are finally forced to print the assets could explode higher.
The problem the world has now is that there is not a good stable store of value for the masses (that they can see.)
"Stocks" (read: "Pelosi's grandkids' trading accounts") are aware that EU will blink on Greek issue and will smash higher on the back of the official announcement (early morning pop was just an appetizer).
you mean the criminals who participate in a cartel and agree to buy and sell from one another through an algo and that rightly assume that there is no police to control their illegal activity?
I used to believe that stock prices were important because they were an indicator of a larger economy, maybe a leading indicator. What we are forced to realize is that stocks have decoupled from any true economic data and are an economy of their own, dependent not upon business or weather or anything other than those gamblers willing to place a bet on the table. These gamblers will stay at the poker table of the sinking Titanic if they thought they had a winning hand. Rational thinkers would be better off predicting our economic future by tossing bones or reading tea leaves. The hucksters are selling the game and our government is using the gaming results as a cover for their failing policies.
if you are already leveraged 30X, there is a limit to the additional leverage you can take. besides, each central bank takes the risk - this is not the slam dunk most think, particularly at these nosebleed valuation levels.
Wall street is echoing Global Climate change math models. This is a completely inverted chart when $USD hit $0.72 cents and crude hit $145/bbl. No manipulation here, move along kids. Rubbernecking fraud is politically incorrect.
Stocks don't know shit. It's not what stocks know that high-yield credit, crude oil, Treasuries, and USD/JPY do not know. It's what they know that stocks do not know. Stocks are fucking retarded right now.
Judging by the fact that a company with 4 food trucks selling grilled cheese has a market cap of $100,000,000, I'd say the market knows how to absolutely fleece people out of fiat.
Stocks, charts and stats are all algos. They don't mean anything. It's thousands of computers playing chess with eachother and here we are cheering for transistors, or placing bets on when the next blue screen of death's gonna pop up. Meanwhile something tells me that we could have a plague wiping out the entire human population overnight, and there'd still be a DJIA and S&P number the next day, the day after that an so on. Computers would just be bouncing autogenerated headlines amongst eachother until their premium Wall Street grade backup generators run out of plutonium or rats eat though all the fiberoptic cables.
I don't know about you. I don't know about Wall st. But I know that in my neck of the woods, the streets are Nightmare on Elm Street (the part where Johny Depp forgot to never sleep again).
When there's blood on Wall st., you BTFD.
When there's blood in every other street in the country, you buy that Fucking Dip because don't fight the Fed; the Fed has our back; insert bullish meme ________.
Stocks know... its that Yellen doesn't know. Well of course she knows but like Bernanke who begat Yellen and Greenspan who begat Bernanke, ... they pretend not to know. They all have an innate talent to do this.
"Cause when its just oxygenated fiat that is doing the buying... it just doesn't matter".
Your physical being is being subjugated by digital digits, preventing your metaphysical being from development. It is a requirement if the digital digits are to be effective.
Equities ride the short bus among asset classes. It always takes them to realize that they have gone off the cliff and are running on air. The trillions of free money flowing towards them doesn't hurt either.
Phucking Pig Circus... Phucking Shit Show.
Stocks know that they "are the ONLY game in town".... soooo confident.
NY Fed desk is open for bizzzz
Stocks know that they haven't turned on the gas yet.
EU stock market last half hour closes remind me of something???? Oh yeah, the last 6 years of US closes.....and to think EU QE hasn't started yet.
Imagine how many trillions of dollars and euros it is taking to prop stocks up.
If You Listen Carefully, The Bankers Are Actually Telling Us What Is Going To Happen Next
By Michael Snyder, on February 9th, 2015"Then he showed those men of will what will really was."
"And then poof,..... your money's gone."
i was sure i already had seen everything.. that crazy ramp came from absolutely nowhere. 0.8-fucking-% in 5 minutes. i mean, WTF?!
stocks know the power of the printing press and the use of leverage
I'm slowly coming around that "Stock DO know" -- in the aggregate and time-averaged sense. Their limitation is that they cannot front-run economic earthquakes and Tsunamis, but are otherwise PDG.
To use an analogy from a cool TV show "Brain Games", it turns out that The Crowd is actually remarkably good at guessing how many Jellys are in a glass jar. Although the individual guesses varied greatly (from several hundred to several thousand), the Average of all the 20 guesses was within 1% of the Actual number. Astonishing!
Lesson: You can go broke faster by betting against the Fed and Wall St, than you can by betting with them. The 'Trick' that most people here miss, I think, is to hedge your assets enough -- to survive and outlast any downturn during the time-frame that you may need to cash in. Put another way...
The Tylers and the owners of similar blog sites might be getting comfy or rich with permanent Doom, Gloom and Boom, but the rest of us aren't. I favor Perspective, Balance and Hedging. But to each his own.
Still short eh?
That's not 30 year yield. That's 30 year price (the exact opposite of yield.) And those two things should be going in opposite directions.
Pub cos with 4 food trucks and $100,000 net income have $100 million valuations.
Pretty much sums up what stocks "know".
The 1% has currently nowhere else to put money.
Oil is the new silver
And we all know how to make a small fortune in silver!
Start with a large fortune?
My read of the article was that chucky cheese trucks, inc., had -$900,000 net income on a million dollars of gross income, which is even more absurd.
You're probably correct there.. why not lose close to 200% of what you're making?
Somebody is buying the stock anyway.
The machine will need more football,grammy's,tv shows and ISIS beheadings.
"buybacks" -drink
Yup, and that anyone left in the middle class with a 401K/IRA has it in a stock index fund run by vampire clowns like TIAA-Cref, Fidelity, and CALPERS.
10 BTFD
20 If 10=BTFD, then BTFD
So take the opposite side of the trade. Got it.
And for anyone that says ZH isn't a data site!!
Get to trading, bitchez!
They know Hilsenrath and Liesman have over 2 1/2 hours til the close, plenty of time for a Fed quote should we take out the lows.
I am sure yields will catch right up... ...any second now...
They know that earnings season is over and that corporate stock buy backs are starting up again now that the quiet period has ended.
Step 1. Buy Every FUcking Offer
Step 2. Buy double on any downtick.
Step 3. Show the margin clerks your nailgun.
Step 4. PROFIT!!!
When the even the margin clerks are staring down the nailgun...
3x bullish.
I'm a big fan of the ZH nailgun comments. For the full ZH stylee...
We nailgunned some folks BITCHEZ.
They know who owns them and what will be done to support their escalating prices
If stocks are ALWAYS decoupling, maybe that means that they don't move in tandem w/ oil, yields and the USDJPY?
... frbny ...
They know the free money train has lost its brakes and are in a holding pattern till the next QE program is announced.
We have saturated almost every device capable of storing wealth. Lots of people have tried to put something away for the future but the vehicles have all been driven up in price. Gold should be the go to wealth asset but in today's gold market one gets only the promise to deliver gold in the future unless one is willing to hold physical.
Soon these things we use use will drop in price as the central banks hesitate to print. When they are finally forced to print the assets could explode higher.
The problem the world has now is that there is not a good stable store of value for the masses (that they can see.)
What do you mean? I'm currently 24% in Beanie babies and 15% Pogs, depending on if there is a major snowstorm going on.
"Stocks" (read: "Pelosi's grandkids' trading accounts") are aware that EU will blink on Greek issue and will smash higher on the back of the official announcement (early morning pop was just an appetizer).
"Losing" is not in Nancy's grandkids vernacular.
Stocks don't "know" anything. The algos are programmed to get the DOW back above 18k no matter what it takes.
you mean the criminals who participate in a cartel and agree to buy and sell from one another through an algo and that rightly assume that there is no police to control their illegal activity?
Yeah,...ya know 'stocks'.
Stocks knows where their bread gets buttered. It has nothing to do with the economy.
I used to believe that stock prices were important because they were an indicator of a larger economy, maybe a leading indicator. What we are forced to realize is that stocks have decoupled from any true economic data and are an economy of their own, dependent not upon business or weather or anything other than those gamblers willing to place a bet on the table. These gamblers will stay at the poker table of the sinking Titanic if they thought they had a winning hand. Rational thinkers would be better off predicting our economic future by tossing bones or reading tea leaves. The hucksters are selling the game and our government is using the gaming results as a cover for their failing policies.
They know nothing´
You have to wait for the singularity before FED software will "know" anything.
Stox "know" 60 billion euros a month, levergaed 30x, will juice them even higher, much higher.
if you are already leveraged 30X, there is a limit to the additional leverage you can take. besides, each central bank takes the risk - this is not the slam dunk most think, particularly at these nosebleed valuation levels.
Wall street is echoing Global Climate change math models. This is a completely inverted chart when $USD hit $0.72 cents and crude hit $145/bbl. No manipulation here, move along kids. Rubbernecking fraud is politically incorrect.
NorthConnex road tunnel contract signed only days after US$ 150-200 oil price warnings in Davos
Love the smell of receivership in the morning.
Smells like . . . penury.
Haven't heard that word in ages. Well said.
Does being the Fed's choice of the asset whose value the Fed wants most to inflate mean you "know" something?
Stocks don't know shit. It's not what stocks know that high-yield credit, crude oil, Treasuries, and USD/JPY do not know. It's what they know that stocks do not know. Stocks are fucking retarded right now.
Judging by the fact that a company with 4 food trucks selling grilled cheese has a market cap of $100,000,000, I'd say the market knows how to absolutely fleece people out of fiat.
Word on the street: there is a corn dog stand conglomerate about stick out, if you catch my drift.
Stocks, charts and stats are all algos. They don't mean anything. It's thousands of computers playing chess with eachother and here we are cheering for transistors, or placing bets on when the next blue screen of death's gonna pop up. Meanwhile something tells me that we could have a plague wiping out the entire human population overnight, and there'd still be a DJIA and S&P number the next day, the day after that an so on. Computers would just be bouncing autogenerated headlines amongst eachother until their premium Wall Street grade backup generators run out of plutonium or rats eat though all the fiberoptic cables.
bunch of hedge fund geeks that have to go home to their nagging, ugly, cunt wives/boyfriends - having fun goosing the "market" from 9 - 4 pm ...?
what did I win?
Here's what stocks know:
You buy when there's blood in the streets.
I don't know about you. I don't know about Wall st. But I know that in my neck of the woods, the streets are Nightmare on Elm Street (the part where Johny Depp forgot to never sleep again).
When there's blood on Wall st., you BTFD.
When there's blood in every other street in the country, you buy that Fucking Dip because don't fight the Fed; the Fed has our back; insert bullish meme ________.
In short, QE Bitchez.
Stocks know... its that Yellen doesn't know. Well of course she knows but like Bernanke who begat Yellen and Greenspan who begat Bernanke, ... they pretend not to know. They all have an innate talent to do this.
"Cause when its just oxygenated fiat that is doing the buying... it just doesn't matter".
Your physical being is being subjugated by digital digits, preventing your metaphysical being from development. It is a requirement if the digital digits are to be effective.
This is a silly question for a headline.
Raise your level of play, Tyler Durden!
Obviously, many posters here know the answer... The U.S. eqities markets know they are backstopedp by the Fed's monetary policy.
Nothing to see here. Please disperse.
The 3:30 ramp is now the 2:30 ramp
They know that there are loads of retail shorts to be squeezed...
So long as Gov-Co can continue buying securities at increasing rates with tax receipts from the "future" - everything is going to be okay.
Are we seeing the meltup model where stock index become store of wealth?
I think stocks knew that it was 10:45 and time to go up.
Equities ride the short bus among asset classes. It always takes them to realize that they have gone off the cliff and are running on air. The trillions of free money flowing towards them doesn't hurt either.
More free money coming
The markets know that the Fed has their back and can never correct more than 2% at any given time. The markets are safer than money in the bank!