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When In Need Of Humor, NYMEX Close Delivers
Because nothing screams un-broken and un-rigged market like a completely unjustified $1+ spike in the world's most important commodity as it nears the NYMEX close, just because at the very same instant every algo decided to frontrun every other algo.
Perfect algo-inspired run-stop hunt to above Friday's NYMEX close.
...and fade.
Chart: Bloomberg
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Cancel the no fade
a race just was ran at will rogers downs...some of the horses names were
obamas vows
king dollar
american empire
and a few others...
http://pro.drf.com/entries/track/WRD/country/USA/date/03-30-2015
go all the way to bottom for 2nd race entries...
https://www.tvg.com/horse-race-results
and i would think using the rest of the horses names there is a story to be told...like hardtozip, two licks, jdon the rocks...
I bet Al Gore has something to do with this. He's foolin' the deniers.
this is nothing new.... there have been moves like this on crude and other commodities for 10-20 years...
it's only inept fools, journalists and losers, that scream manipulation...
think into it logically... the market is off $5 from thursdays yemen panic highs... lots of shorts on board.... end of the month, end of the quarter... time to exit.... no cigar on a break below $47.50 a critical and psyhcological level... cover those shorts.....
I'm making over $7k a month working part time. I kept hearing other people tell me how much money they can make online so I decided to look into it. Well, it was all true and has totally changed my life. This is what I do... www.globe-report.com
Could this be the same manipulation as in metals?
The very same.
No difference.
Just more ""price discovery"" as the SEC and CFTC see it though. That recent Bart Chilton interview said it all. These HFT scamsters are 'liquidity providers' and good for price discovery.
Its pretty much the same kind of spike you get from watching porn.....
Its only temporary and becomes less impressive the older you get?
If your erection last's longer than four hours.....
You're a Fed Chairwoman?
I can't say I see HFT. Goldfuck ballsacks with a handfull of traders can move the CL easy enuff.
They really want this 47 to 53 range to continue even though the ONX, il vix is high, the volitility is not true.
Some pullbacks are crazy, then sop on a dime then consolidate then reverse in a real lame fashion. The followthrus are shit.
Tue dat, only price discovery but pointless for the fact the contract runs into May. Until true settlement and purchase, this is just a game. But no one purchases this way anymore. Petrodollar is a figment of imagination.
run those stops before the nightly collapse in crude. wash, rinse....sigh
nothing surprises me anymore
Metals Miners Oil Drillers all values manipulated by Naked Futures...nothing to see here move along.
Reality is for the weak. Just snort a couple of lines of fairy dust and it'll all make sense.....
waiting for the same move on Comex Gold close ...for about 5 years
This is why short term trading is now for bots only, and a few foolish goyim that are soon parted from their money.
Why am I not laughing?
Yeah, Ha Ha; that's real funny alright. Sick Fuckers.
energy stocks were right
Ahhh... just like days of 2007, brings a warm fuzzy...
Haven't we seen this last minute monster short squeeze like 10 times before already this year?
its the iran story...maybe no fade
Wow, nailed the landing- right at the 55 DMA with a nice Doji.
"This is a once in a hundred years event." Alan 'Ponzi' Greenspan.
DISNEY HIRED BY NYMEX TO MANAGE DAILY CRUDE FLUCTUATIONS
"Borat wasn´t available, so we hired Disney to bring a touch of wholesome fantasy to our charts" (Nymex official)
Source: www.financialpaparazzi.com
One day Tyler will report production fell in January. Until then it's just entertainment.
Why is a $1 spike in oil 'unjustified'? Couldn't it also mean that 20% of the recent $5 monkey hammer drop in oil was 'unjustified' and maybe the monkeys should have only hammered oil down $4 instead?
Gold is down $13 today. Is that 'unjustified' too? Or just the price adjusting to the (surprisingly) quick Saudi/Egyptian reaction to Yemen?
There is nothing 'justified' or 'unjustified' in a manipulated market. Justifying or not requires a belief that market prices reflect some type of rational fundamentals. The ONLY thing that matters is whether you are smart enough to stay (or get) out, or whether you make a lucky enough guess to front run such a market, or whether you prepared for the eventual day that the manipulators lose control.
USD up too. Yellen had to pound the buy button to make oil move 3% 15 minutes before the close.
MOAR FED FRAUD!!!