When it comes right down to it, it doesn't matter what is causing the "markets" to rise. They have been doing so for six years now with no end in site. I expect the S&P to set a new closing high today and then rally hard on Friday and Monday.
"Hreiðar Már Sigurðsson, former CEO of the bank, got the longest sentence at five and a half years, unchanged from the Reykjavík District Court’s ruling. Sigurður Einarsson, former chairman of the board, had his sentence reduced from five years to four while investor, and one of the bank’s biggest shareholders, Ólafur Ólafsson, had his sentence lengthened from 3.5 years to 4.5 years and Magnús Guðmundsson, director of Kaupþing Luxembourg, got 4.5 years instead of 3 years."
Iceland is an awesome place. The scenery is magnificent, the people are amazing and they are very, very aware of the bullshit game being played on the world by the bankers. I didn't meet one local this summer who didn't know what was up. The foreigners on the other hand (Brits and Americans especially) were drowning in Kool-Aid.
There are lots of other cases making their way trough the courts, so there is a good reason to expect more bankers being sent to prison and more years to be added to those who have already been sentenced.
Fortunately there is a new prison being built, but if we run out of space there is a place where they would receive a warm welcome. https://www.youtube.com/watch?v=aAnuMD9TYl4
I'm a complete neophyte at this, but I've been observing for years. After the CNBC rhetoric yesterday before the Greek nondecision I was absolutely sure the S&P500 would respond - I just didn't expect it to be 10 points up in 10 minutes of trading. Then the jobs numbers and retail sales numbers disappointed and the market marched up.
If there are "fundamentals" I'd really like to see how they're supposed to work, because as long as I've been watching it all looks like witchcraft to me.
we are almost at the record as I stated monday so what will be the catylist to either bring it past or down tomorrow will tell but this shit is so predictable that we won't crash again untill it is over
It's like the market burns the bridge as it marches forward! There is no retreat! Never, ever, ever! Eternal wealth for all who believe! May the gods bless the Fed and the Algos!
It's like the market burns the bridge as it marches forward! There is no retreat! Never, ever, ever! Eternal wealth for all who believe! May the gods bless the Fed and the Algos!
This is a completely useless market just for useless idiots anymore.
Complete waste of time for those who have more important things to do than just to get ass fucked by insane clueless brain sick CBers and bought and corrupt politicos enslaved by their banker bosses.
It's a shame if you still waste time here with these parasites.
Nice to see the S&P subdued today being up only .9% instead of the usual 1.5%. I could only imagine what today would have been like without Amex getting the shaft and the Greece problem not weighing it down.
c. NY FED
Almost 3 pm. Time for CNBC to jack up the market with some bullshit.
John Kerry flicking his tongue out 25 times a minute
Looks like they got the most mileage out of Bulltard. Baby bumps out of Yeller and the rest.
Aapl is a country market
Feds need to break it up
A mobile unit and a Other shit unit
FED is the only "fundamental" that matters...
seriously, wtf is up with that, and how did a psychopathic liar like him get to be Sec of State? (almost president)
almost as bad as Roger Clemens testimony, but he was just an overpaid athlete
Bought PCLN puts.
What are those?
the guys that will be up against the combined Orbitz and Expedia
Mmmmmm...apples.
apples sour over time if no money no electronics this is all the fed printing the debt up 100 billion in a week
Just buy AAPL and SPY then sit back and count your profits
Since AAPL is about all that's working in the SPX, your selections are redundant
Your mum.
When it comes right down to it, it doesn't matter what is causing the "markets" to rise. They have been doing so for six years now with no end in site. I expect the S&P to set a new closing high today and then rally hard on Friday and Monday.
Oh yes.. a rally.. Like in the good old days where shit wasn't rigged..
The only way to win is to not play the game
Shit has always been rigged, they just don't care that you know now.
The only way to win is to be in the club.
The Visa split will stall the DJI like roadkill raccoon
It ain't rallying if the index is already rising.
Get use to all time highs every week. Just the way it is.
Looks like the bounces are getting shorter and steeper.
The stock market is managed to a range like the yuan. It's just not declared.
“they have run out of money to steal.” m.k. . that is it! Read more at http://www.maxkeiser.com/2015/02/kr718-keiser-report-buddhas-on-black-ma...
" NY FED"
William Dudley, NY Fed, Mr Goldman Sachs in charge and helping to pump up stocks.
women faint when Bullard walks the halls of the st louis fed
Four bankers were sent to prison today in the Icelandic Supreme Court for market manipulation.
http://icelandreview.com/news/2015/02/12/icelandic-bankers-sentenced-prison
"Hreiðar Már Sigurðsson, former CEO of the bank, got the longest sentence at five and a half years, unchanged from the Reykjavík District Court’s ruling. Sigurður Einarsson, former chairman of the board, had his sentence reduced from five years to four while investor, and one of the bank’s biggest shareholders, Ólafur Ólafsson, had his sentence lengthened from 3.5 years to 4.5 years and Magnús Guðmundsson, director of Kaupþing Luxembourg, got 4.5 years instead of 3 years."
None of the sentences are suspended.
Iceland is an awesome place. The scenery is magnificent, the people are amazing and they are very, very aware of the bullshit game being played on the world by the bankers. I didn't meet one local this summer who didn't know what was up. The foreigners on the other hand (Brits and Americans especially) were drowning in Kool-Aid.
The Brits & Yanks will look like Mr. muscle dude from Prometheus too, disintegrating into an Icelandic waterfall...
There are lots of other cases making their way trough the courts, so there is a good reason to expect more bankers being sent to prison and more years to be added to those who have already been sentenced.
Fortunately there is a new prison being built, but if we run out of space there is a place where they would receive a warm welcome. https://www.youtube.com/watch?v=aAnuMD9TYl4
Looks like we reached the top of another trampoline bounce and ready to drop, if you believe in patterns.
I did, a long time ago. Not so much now.
I'm a complete neophyte at this, but I've been observing for years. After the CNBC rhetoric yesterday before the Greek nondecision I was absolutely sure the S&P500 would respond - I just didn't expect it to be 10 points up in 10 minutes of trading. Then the jobs numbers and retail sales numbers disappointed and the market marched up.
If there are "fundamentals" I'd really like to see how they're supposed to work, because as long as I've been watching it all looks like witchcraft to me.
It is. And Halloween all year long. Which is why your skullus is apropos...!
Yellen has enunciated that one should be assetts. What is ZH's problem????
It seems the Bullard bounce was the tide that lifts all boats...?
What happens when the talking doesn't work anymore...
Everybody starts shooting.
Can I see that graph going back to 1971?
Thanks,
LoP
FED + Fundamentals = Funnymentals
Federmentals perhaps ?
we are almost at the record as I stated monday so what will be the catylist to either bring it past or down tomorrow will tell but this shit is so predictable that we won't crash again untill it is over
Let's call it the Fedamentals. Only thing that matters in recent years.
Exactly my thought. My next thought was 'Fedementials'.
It's like the market burns the bridge as it marches forward! There is no retreat! Never, ever, ever! Eternal wealth for all who believe! May the gods bless the Fed and the Algos!
It's like the market burns the bridge as it marches forward! There is no retreat! Never, ever, ever! Eternal wealth for all who believe! May the gods bless the Fed and the Algos!
This is a completely useless market just for useless idiots anymore.
Complete waste of time for those who have more important things to do than just to get ass fucked by insane clueless brain sick CBers and bought and corrupt politicos enslaved by their banker bosses.
It's a shame if you still waste time here with these parasites.
Why QE and weaken the dollar when you can have the Fed members or Yellen speak
Jim Willie interview;https://www.perpetualassets.com/news/2015/02/02/the-quickening-with-jim-...
Looks like the market has a Van yellen belt to protect it
Nice to see the S&P subdued today being up only .9% instead of the usual 1.5%. I could only imagine what today would have been like without Amex getting the shaft and the Greece problem not weighing it down.
Thank goodness there is no Fed 'quiet period.'
I don't care what it is as long as it goin up my FAFSA