This page has been archived and commenting is disabled.
Dow Breaks Below Key "Bullard Bounce" Trendline
Paging Jim Bullard...
And The World's largest stock index is not looking good... and is now in the red since the end of QE3
Charts: Bloomberg
»
- 23230 reads
- Printer-friendly version
- Send to friend
- advertisements -
What I told you to look out for!
http://www.zerohedge.com/news/2015-03-16/dismal-data-drives-stock-buying...
Just buy the defense contractors.....
Long MIC
Short Humanity
three years ago-health care. now- mic contractors, discount lobby money, then give that amount 1000x return and add to net profit and give a 30 x multiple, walla easy 50 percent upside..
Anything to avoid reality, because that's scary.....
At least none of these charts exposes the artificial nature of market valuation or anything, LOL!
Nah, the market is being pumped back up now. Its only down 45 pts. The NY Fed wil not let the market go below the BULLARD lows trend line. MSM must keep pumping the german airline crash to take away attention from the market and war in Yemen. We will finish positive in the geen at the end of the day.
Dow is positive now. what a joke.
BTFD!
yup. if you had bought the 140 point drop at the bottom, you'd be up 1% in just 1/2 hour. It truly is amazing.
The DOW is a function of bullshit.
I got it!
Moar words, STAT!
WWIII is heating up. There's no better excuse than that to blame the collapse on.
long black military equip...
Somebody stepped out for coffee. it will be back up shortly.. oh wait the Office door is Locked.
Donch worry. QE4 is on its way to save Mr. Market.
When did QE3 stop?
Unfortunately, the level coincided wi/ major SPY support, and we're bouncing like a sonofabitch, as Bullard operates from the trading desk in an Eccles Bldg Men's room. Would be nice if the intraday stick-savers failed, 'twould be the first time in quite a while, and their entrapment could spark a more meaningful correction.
ZH bounce effect. https://www.youtube.com/watch?v=rFdC8mCP9Vg
the always dependable rocket v-shaped reversal of losses has commenced goin into the london close...
no way thedy were gonna allow another triple digit loss after yesterdays carnage....
enjoy..
PPT must still be on vacation...
not bulltard's turn yet. it goes ecb-yellen-ecb THEN bulltard
Somebody say hindenberg omen before 3:30 or this sucker gets it
hindenberg omens are a thing of the past in this fed controlled market.
Now it's the St Louis Fed James BullTard indicator.
Called the bottom again perfectly, Tyler! Or Jimmy received your page.
Stabilitee!!!!
Nope, Tyler doing well. 17,000 DOW next.
it`s up regardless....so how does it matter..bull or no bullard
Looks to me like you should just go short on Oct 1st, and BTFD on Oct. 31st. It seems anybody with a finger can be a day trader. If you have no hands, use your imagination.
The drop was predicted again-by this guy--he's amazing!! From his 03/17 newsletter: MARKET ENERGY: It is always important to try and understand the Market environment if possible. The heaviness last week was expected. This week, the inside indication may be for Big but confusing Volatility post FOMC. If there is a Spike on Friday, it could set up for a short term fade. I prefer to wait and see.
https://www.sentimenttiming.com/success-storieslk/
Where's your Yellen now?
http://ca.reuters.com/article/businessNews/idCAKBN0MM2JG20150326?sp=true
NEW YORK (Reuters) - The New York Federal Reserve officials tasked with prying interest rates off the floor have been meeting with bankers and traders to plot how best to do it, amid deep uncertainty over how much control they will really have over short-term lending markets.
With the U.S. central bank expected to raise rates later this year, Simon Potter and his team of market technicians have the tricky job of implementing higher rates using some new and lightly tested tools as well as some that may not work as well as in the past. They'll be operating under intense global scrutiny that's centered on the prospects for the world’s biggest economy.
Even while testing new methods meant to sweep up trillions of dollars of reserves from financial markets, Potter's team is preparing for volatility and to make on-the-fly adjustments when the time comes, according to interviews with Fed officials and market participants.
The trouble is that the federal funds market, the intra-bank trading pool traditionally used by the Fed to meet its policy goals, has shrunk to about a quarter of its pre-crisis size after more than six years of unprecedented monetary stimulus.
"There is a lot more uncertainty in the mechanical features of the outlook than people admit to," said Joseph Abate, a money-market strategist at Barclays Capital.
The Fed wants to avoid a scenario in which yields don't rise enough after it lifts the fed funds rate because banks, flush with $2.5 trillion of reserves parked at the central bank, don't need short-term funding.
The central bank also risks being drawn so deeply into money markets that it destabilizes things.
That's why the New York Fed, already under political pressure due to regulatory missteps, is taking every precaution it can to protect its credibility and that of the central bank. It wants to make sure that when the central bank decrees higher rates, yields will actually rise.
To combat anxieties on Wall Street and in Washington, Potter and his deputies have been hosting regular lunches with market participants to ask and field questions about what sort of market tinkering will might be needed or avoided to get it right, and how banks and funds will react.
He's has also met with officials at the European Central Bank and other global counterparts to outline the U.S. plan to tighten when most of them are easing.
DOW looks strangly stable when I look at it in percent instead of points.