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Dead-Cat-Bounce Dies (Again) - Stocks Plunge As EURUSD Breaks Below Crucial 1.05 Level
Well that escalated quickly...EURUSD has broken the key 1.05 trendline level; and having rallied yesterday on the worst data since Lehman, today it appears some sense of resignation to the fact that The Fed is boxed in to a rate hike no matter what is setting in... and that the exuberant hockey-stick expectations of earnings growth is spiralling the toilet of near cycle lows oil prices. US equity prices have roundtripped most of yesterday's dead-cat-bounce spike with Nasdaq leading the drop and The Dow and S&P are back in the red year-to-date.
EURUSD broke the crucial 1.05 level again...
And US equities have roundtripped yesterday's excitment
Which has psuhed Dow, S&P back into the red
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Friday the '15th
Oh crap, I loaded the boat yesterday...........it had to be a reversal
"The Fed is boxed in to a rate hike no matter what"
Bullshit.
I am so tired of this yo-yo bouncing bull shit...been like this since october 2014.....I have nothing in this market, please kill it now, I can't wait for it any longer
anybody that didn't sell y'day is a fucking idiot.
markets are very forgiving for your transgressions...
get what ya deserve, rot in greed hell...
Re: Dow and S&P are red for the year, but fails to mention DAX, which makes a fresh all time high and up around 40% since October and closing in on 12000 WTF !!!
The US will be standing atop the blazing funeral pyre laughing maniacally since they "won"....
Yes, until the radiation poisoning finishes everyone off
s&p chart looks great if you bought puts @ 2100.
Might as well book a May European vacay while the costs are low and the war hasn't started.....Pre-Nuke London and Berlin will be lovely!
Just fly on over in your "Apache Longbow.". Impress the natives, have them now down to you and think you're some type of God.
That's how Breedlove and I roll!
This looks bad.... Janet, NY Fed on line 1.....
Gee, that ground seems to be coming up awful fast.
Thats just a dark cloud, you cannot see the ground from here.
What are those sheep doing way up here in the clouds?
watching zombie box...
Tis but a scratch.
Janet!!!!!
BTFD right now and sell in to the close. You will have a lucky friday the 13th.
No way they hike rates....ever
I'm pretty convinced by the time I die I'll see a -5% interest rate.
BTFD...its just not as fun when bernanke was around.
Watching this shit is quite entertaining....
Yesterday's excitement is today's excrement
Yesterday was a bull trap, got all the bulls (the inexperienced ones) excited and traped them, then today shitted on them. Classic price action, next week is gonna be a doozie, when the fed decides to increase the rates "more than expected" :))))))))))))))
Oh STFU ZH. You just called the bottom. I bet you can't go 3 hours without calling a bottom?
ZH like big bottoms and they cannot lie.
What.. no buybacks today?
And here it is...
US Dollar 100.17load up on the TZA bitchez and enjoy the ride down
Had a load early, but sold near 20 DMA, thought we'd get a bounce near yesterday's lows, and was tired of seeing my TZA prizes removed by whipsaw. If we get the standard retrace, perhaps a day to re-load. Hard to trust this crap without a strong follow-thru day, but, I thought we'd see this yesterday, so what do I know.
Once again, it seems dollar worries have folks moving from lg to small stocks, and RUT retraced half of the losses, outperforming everything else. Will be interesting to see what it does if the larger indices turn back into the close. Right now it's threatening to run all intraday short stops.
One eyed king dalla be joined by a one eyed jack of spades flying around in a black swan. So keep a heads up
DOW Dogma: "What goes down MUST go up...er...what goes up MUST go down...oh, wait...what goes down MUST go up...watching the DOW is like watching a tennis match while I'm laying on my side. NO, it doesn't matter which side I lay on...
My UVXY bought at $17.71 is looking pretty good but I'm going to hold on to it to see what happens for a week or two.
Probably lose MY ASS!!
Dow is just tickling the bottom of the Bollinger Band, it's all 10000% managed.
This is your chance to buy. Your opportunity of a lifetime to enter this mega-bull market!
- CNBC
Good time to vacation in Europe. Best hire a bodyguard though.