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Bonds Bid All Day But Stocks Shrug Off Apple's "Turlington Turmoil"
Overheard on CNBC many times today as Apple unleashed the Apple Watch and a gold Macbook...
Ugly Chinese data and worse German data were trumped by USDJPY-ignited momo to dead cat bounce stocks today with Apple dominating the headlines...
Futures show the overnight moves (and intraday swings) - note NASDAQ plunge stalled perfectly at unch and was rescued higher...
On the day The (soon to include AAPL) Dow outperformed...
Since the jobs data...
But some context for today's move... S&P around a Fib 38.2% dead cat bounce...
Of course today was all about AAPL... and the "Turlington Turmoil"
Bonds were bid all day...
Credit markets were not buying it at all...
The USD gave back some of Friday's gains led by Cable strength...
Oil & Copper rallied while silver slipped and gold closed unch...
Seriously WTF!!!
Across the asset classes over the last 2 days... Spot the odd one out (hint: It's oil stupid) that was algo-ed almost retracing all of Friday's losses)
And Finally...
Loving my Apple Watch $AAPL pic.twitter.com/c75QFoDSS3
— RANsquawk (@RANsquawk) March 9, 2015
Charts: Bloomberg
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September, the end comes.
or possibly the beginning, a fools hope is all that is left ... Frodo is in Mordor
Do as you want,just give me a soft landing, like last time.
Apple is a bloated peice of shit. But still a whole lot better than the bigger shit pile of the fed and wallstreet. A million millionaires made their own money, and these assholes can't even print money that contributes to anyone but themselves and cronies.
Hundreds of congress critters living long lives of service to their masters. Steve JObs, must of been too productive. Made them all look bad.
The million millionaires who actually busted their butts that you speak of must be ready to stand shoulder to shoulder for freedom and justice when the time comes so that humanity actually has a marketplace in the future - these are dark times friend.
Apple now in the Dow marks the peak for Apple, and probably the Dow. Its all downhill from here.
HAHAHAHA!!!! Bulls? what Fucking Bulls? HAHAHAHA!!!!
First we parse Yellen for 'patience', obsess on what Draghi had for breakfast then hope Cook sez AAPL swatch can provide precise GPS location of our soulmate. Endless excuses for low volume muddle are more likely symptoms of the overall dearth of global financial leadership (gosh darn it).
Wonderful. Gay technology is carrying us all now.
Holy fuck this is so stupid right now
I hear that the next Apple idea is baking apple pies. An Easy Bake oven included.
haha ..... that's about the size of the wrist tumor you'll get from all those iwatch electromagnetos
Looks like my wife left her toy, it can be seen in the fore ground of the picture above. (funny pic btw)
Are you a lucky guy or are you in deep trouble? Can't be sure. Depends on the size of her palms. Best advice is not to take a chance and go out for beers.
Apple will sell as many of those fugly watches as the high paid job loving slave force can chrun out over at Foxconn.
I'm in up to my balls.
Market theology from Talking Heads
Everyone is trying
to get into the market
The name of the market,
the market’s called Heaven
Managers in Heaven buy my favorite stock
Buy AAPL once again, buy it all day long
Heaven, Heaven is a place
A place where corrections
Corrections never happen
There is a party, everyone is there
Everyone hits new highs
At exactly the same time
It's hard to imagine that anything at all
Could be so exciting, could be this much fun
And when this rally’s over, it will start again
It will not be any different
It will be exactly the same . . .
Heaven is . . .
iwatch = ipointless ...
Central Banks are doing a masterful job of increasing the wealth divide globally as they take turns forking out ever increasing amounts of currency debasement to the masses who are watching the ever inflating costs of healthcare, food and housing continue to outpace wages.
So sick.
I'm going to be today's fool and call this the market top.
I'm not going to risk any money on it though. ;-)
I'm right there with ya. As I walk around my neighborhood we call "the million dollar ghetto" which in the past month has now turned into the 1.5M ghetto, I'm feeling things are even more "not right" than ever before.
I caught this vid of 2guys on financial news arguing bubble - no bubble and they put 5 company names on the screen that had 2014 capital investment of ~ 500mil. each. I had to look a couple of them up, just to see what they were.
Magic leap
Vice Media
If you need convincing, go to their websites and tell me we are not at the top. Magic Leap in particular. http://www.magicleap.com/#/home
Sweet mother of fuck. That Magic Leap is actually a parody right? You're trolling me? Please?
You are underestimating the latent demand out there to have princess Leyha appearing on your coffee table asking for ObeOneKenobe's help.
Magic Leap? JFC!
If this is possible and it will take off, then the sky is the limit. I've always wanted to have a "real" elephant at a birthday party.
Gotta issue a compliment when a compliment is due. The site is pretty nice. Good artists at work there.
Just look at the open positions and the amount of people they're looking for. If this is a start-up it is already very well funded.
Could be used to display Potemkin's villages every where and just imagine the applications for the MIC...
Long shot because the competitors are on to all the same ideas. However he is self funding this company because , well, he appears to be a dreamer, and a billionaire from other work he did before. In the "we are" section, one catagory is "psycadelic ________ (something). THAT is probably describing the owner/funder. https://www.youtube.com/watch?v=DyDjpGzdNE4
ZH, nice use of the "turlington" opportunity. Good name to use to make into a new word. And it started here on ZH.
Should market a company that helps people think of thoughts.
I'll say the top will be next week. The day Apple joins the Dow.
So you can buy a $10k gold Apple watch, but it comes with the silicone fitness band. To get a gold band you need to pay another $7k.
Just a stainless steel band for the Apple watch costs $375. JUST THE FUCKING BAND!!!!
You aren't talking Rolex here, you're talking fucking Apple. Chinese made consumer electronic crap Apple. There is a special kind of stupid that buys Apple.
People are coming out in defense of this lunacy by saying fine Swiss timepieces cost $15k, but those are handcrafted perfectionist marvels of engineering. Not a piece of electronic garbage made in Guangzhou or Shanghai. Not to mention the going price of Android wear is $200-250. You can also buy really good Chinese brand smartwatches for $100.
Fuck Apple. Hopefully the $30k smartwatch is the beginning of the end for the most overvalued corporation in history.
Good looking, timeless Tag Heuer products cost $1500. Not flashy, just solid and manly.
Apple watch says something about the guy. Like wearing a copper bracelet...
I prefer Invicta, or just asking the guy next to me for the time.
Apple will join the Dow: Why it doesn’t matter http://www.marketwatch.com/story/apple-joins-the-dow-why-it-doesnt-matte...
The short, quick breaths and perspiration of frustrated gold holders is palpable here. You can practically hear them stammering:
"D-d-d-d-a-a-a-m-m-m-n-n-i-i-t-t-t-t, wh-wh-wh-e-e-e-n is g-g-g-gold going to up and equities d-d-d-down??"
The iWatch is the perfect gift for the metrosexual in your life.