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Ugly Month/Quarter Ends With Corn Holed, Stocks Sold, Bonds "Good As Gold"
If you love Trannies, here's a message for you this quarter...
First let's get this out of the way... What an utter farce today was with markets breaking everywhere to stick save VIX ETFs rampant manipulation of the indices...
After open, @NASDAQ stopped quoting in A-Z for between 6-8 minutes. Here is in $AAPL: between 09:31-09:37 ET pic.twitter.com/CXKtx24lml
— rockhowse (@rockhowse) March 31, 2015
BREAKING: Today's trading "glitch" was brought to you by the letters "U" to "V". pic.twitter.com/lwYKrMehCi
— Rudolf E. Havenstein (@RudyHavenstein) March 31, 2015
* * *
Ok... so Everything was awesome yesterday... not quite so awesome today...from yesterday's US Cash open...
Ugly close...
March was weak... apart from for Small Caps...
With Financials and Discrtionary red...
Trannies worst quarter since Q3 2012... Dow dipped red... and S&P just managed to hold on to gains for the quarter...
Homebuilders are the best performing sector in Q1!!??!! Financials red... first quarterly loss in 11 quarters
No one wanted to own Biotechs into quarter-, month-end... (and yes that spike is real when everything went tits up with stocks from U to Z...
Year-to-Date... Silver leads, crude lags, gold, Dow, HY credit unch-ish... and bonds nicely green...
Bonds (using TLT as a proxy) were up almost 4% in Q1 for the 5th consecutive quarter...
The Dollar was up 8.9% in Q1 - the most since Q3 2008 (cough Lehman cough)... after all the insanity, Swissy ends the quarter just 2.2% stronger against the USD...
* * *
Back to the day/week...
Corn had its worst day since Sept 2013 amid highest inventories in 28 years...
More dollar strength today was negative for stocks this time (with USD buying in Asia and Europe fading in the US session)...
Treasury yields drifted notably lower...
and commodities mostly pushed lower with Gold flat on the day... all that China hope in copper and crude... gone!
Crude was crazy... ending the quarter down 10.9%... the 3rd quarter in a row which we havent't seen since 2003
Who could have seen this coming?
Charts: Bloomberg
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We're all gonna end up corn-holed before this is over.
We are fucked three ways to sunday. IMF announced the welcome and share the objective with China to replace the U.S. dollar. The Chinese govt indicated last Sunday that they want the Yuan to be the global reserve. The CIA Financial Threat and Asymmetric Warfare advisor is shitting bricks. Games over bitches...
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For all your survival needs!!!
Oopps see that tail on the macro....face ripper if it turns
Reminds me of the punchline to an old farmer's daughter joke.
"Someone kept throwing hot buttered corn out the window at me!"
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.nettrader2.com
is it just me or have We been Here Before?
hundreds of times...just btfd
anyone else not like the series of pictures under the article title the tylers have been using lately? Maybe ive just been in a bad mood these past few months
I prefer titties, but these days, all our images are joyless.
Bungholes FTW
Heh,heh,heh.
without titties this world isnt worth being in, all agree on that
titties get expensive. Another thing the Fed has killed. Inflation is eating up so much extra cash that you can't make what the titties are attached to happy, so you don't get them.
I think Obamacare covers Jenner titties if your inclined to be happy.
I think poor Jenner is getting ripped off. The guy looks like a half-melted refugee from a wax museum.
You would think old men wouldn't need bigger tits.
Just another "normal" trading day!
You obviously hav'nt seen the clown show yet.
Lately it occurs to me what a long, strange trip its been...
Grateful Dead - Truckin'
https://www.youtube.com/watch?v=pafY6sZt0FE
“Don’t Let the Dow Go Down on Me” by Elton John
I can't fight no more of your sell programs
All my bar charts seem to print in black and white
I'm growing tired as new highs fade before me
Frozen here on the 100 DMA
It's much too late to save my stocks from falling
I changed my plans to double down tonight
But you misread my order when I sent it
Closed the door and left me holding $1 million DIA-monds
Don't let the Dow go down on me
Although I bought some puts, I think they expired last week
I just need just a fragment of a point to break even
But losing my right arm, ain’t like the Dow going down on me
Hello,
Is there anybody in there?
Just nod if you can hear me.
Is there anyone at home?
Come on now
I hear you're feeling down
Well, I can ease your pain
And get you on your feet again
Relax
I'll need some information first
Just the basic facts
Can you show me where it hurts?
[/comfortably numb]
Takes me back to high school study hall, where the teacher always let the same guy in a faded denim jacket crank "The Wall" over and over which, in retrospect, is kinda amusing ...
" Corn Holed " ..... that pretty funny !
Since 60% of the corn crop is used for ethanol why is this build a surprise to anyone?
Ear-Holed!
Now you must go thru the mandatory concussion protocol.
Cornholed?
Haha. Tyler is using my phrase from Knuckles posts awhile back. Think it was about the Greek situation and where they stand now.
Either that, or a reference to midget tranny shemale porn.
Is strong dollar growing corn inventories i.e. can't sell the corn at nominally flat price? Anybody informed to weigh in?
1) Strong Dollar hurting is certainly hurting exports
2) A lot of growers held 2014 crop because price did not cover cash cost
3) Current acreage reports are lowering acreage becaus eof the late planting start.
4) Rain thsi week will allow some growers to claim preventative planting and get check and walk away.
5) Without 3 out of 5 years of drought, we would not have seen $8 corn. History of Ag is to produce itself into poor house...they are very good at what they do!
1) Strong Dollar hurting is certainly hurting exports
2) A lot of growers held 2014 crop because price did not cover cash cost
3) Current acreage reports are lowering acreage becaus eof the late planting start.
4) Rain thsi week will allow some growers to claim preventative planting and get check and walk away.
5) Without 3 out of 5 years of drought, we would not have seen $8 corn. History of Ag is to produce itself into poor house...they are very good at what they do!
Live cattle trending ever so slightly down, ~ 5-10% over the summer.
Some relief, but not that good for the barbee yet.
What a stupid day in "the markets".
Fwd earnings about to spike higher to catch up with S&P?
I owe $8k in taxes this year. Any advice?
Get a group of people together like you, who owe taxes, and collectively tell the IRS to fuck themselves. When tax collectors call have a group recorded message telling them to fuck themselves. If anyone shows up at one of your homes, get ready to have all of you show up and surround the tax collector.
If we can get millions of what is left of the middle class who actually pay taxes to collectively tell the IRS, FUCK YOU!!! Maybe we can start something.
I'm not finished figuring out how much I got fucked yet this year. I really don;t feel like filing. Let them keep the thousands they already stole through witholdings. I don't think they deserve a penny more. They don't deserve the first penny.
What fukin drives me is how they spend it. Robo-signing, false flag terrist chasin, senate spending it like it's their personal expense account? Now they are pushing through billc51 in that is going to allow them even more access into my life?!?
There's no way in hell I'm paying for this shit.
I like your sarcasm
Excellent advice, with one caveat.
IRS has their own SWAT teams, possibly backed up by US Marshal Service. You'd better get ready to bring the shit cuz there's probably going to be some wailing widows and sobbing orphans before the raid is done.
fer gawd's sake, buy this fucking dip !
Get a mark to fantasy accountant from one of the too big to fail banksters which goes belly up this year. Oh that's right you'd likely go to jail. Pay it and be done with the pain.
"Tax delayed is Tax not paid"
Fake your death
For the first time, I'm considering a change from trading the Russell to the NASDAQ, given the bizarre untradable intraday crap that’s lasted for 8+ weeks, I suspect from massive pension fund reallocations to small cap (perhaps $dollar related), or from predatory algos thriving in low volume (similar to certain strains of bacteria that grow in Antarctica). Today’s hourly chart resembles a picket fence constructed by the town drunk. (Sniff) almost feels like I’m abandoning a lifelong chum, but given the QQQs often provide similar punch, might be time try for greener (or redder) pastures.
SO if the dollar has strengthened, why is asian manufactured crap even more expensive now than it was last year?
If corn is freefalling, why is beef, chicken, and other things that use corn as feed more expensive?
Oil has fallen so why are plastic pellets 30% more expensive this year?
I GUESS IT MAKES SENSE TO THE TRIBESMAN HOLDING THE ELECTRONIC CONTRACT!!!!!
Because surplus energy/EROEI is falling rapidly?
No more QE,no more suckee,no more fuckee..
adr=Every other part of the global fiat debt body is bleeding profusely. Just because the head hasn't fallin off doesn't show fiat body strength. It's all relative to all the fiat damage done globally and the USDinker dollar head will rot off soon enough.
I NEVER get tired of that Willy Wanka tirade.
They're going to need that cheap corn syrup to power Amurika!
Hoping this translates to less expensive chicken scratch and feed. Unless we sell it all to china.
Ya I'm in the corn hole... Or am I getting corn holed? Lemme check...
Oh, ya, no I'm getting corn holed. Fun.
Anyways the ol market is looking a little loosey but that's alright the breakers are working just fine.
I can't believe that UVXY is still a thing. I remember about a year ago I timed that sucker right nicely. When I went to execute the trade my broker said they were unable to find the necessary paper work to sell the thing. And this was a large, (un)reputable institution. So as we are sorting out this situation, this stock, as it tends to do, fell off it's peak to the tune of almost $7 bucks. I was a little worked up to say the least.
The icing on the cake mind you was delivered by the friendly albeit useless, robotface on the other end of the phone when she lectured me on the value of her time as a broker as she pressed me to hold or sell my depreciating security. It had only taken us 45 min to reach this point of course, so I didn't see the harm in deliberating a minute or two! Ha
I do believe that was the last time I used my trading account. I feel for you professionals out there, it's gonna get messy...
Pretty obvious where this is now going and that Yellen is serious.
But there won't be a controlled demolition of equity markets this time.
Shorts won't have their just desserts unfortunately.