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Good news, bad news, no news... you decide...
Mission accomplished...
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Plung protection team at work!
Right on! The PPT swings into action to save the day...what a shit show!
At the same time silver and gold are being smashed...Could it be more obvious?
they can use all the PPT they want, the system is crumbling from its own weight. and there is nothing they can do anymore .and the elite know it
You would think the Federal Reserve would own the entire market by now, there still are the Sheeple that believe.
Time to pop more popcorn.
Carry on.
Perhaps yes, perhaps no. They will make war before they go.
The PPT isn't responsible for every ramp but they are behind this one. Low beta low liquidity EIX up nearly 2% in twenty minutes as SPY shares are created to sell to excess buyers. The ramps rarely jack the prices of this stock up more than two percent at a time so they will likely have to be satisfied with taking the market to green.
Don't think it's the plunge protection team this time. Dudley from the Fed opined that maybe it's not a good time to raise rates. Even pre-market, I noticed REIT stocks, which are ultra-interest rate sensitive, were up significantly, despite the broader futures being down.
"Good news, bad news, no news... you decide..."
I'm going with stock manipulation.
It was some kind of news. Of course, we, the public, are not privy to those memos.
Liquid cooling will be required today on the fiber optic cables from the FED's West Creek Operations center to the CME.
"fiber optic cables"
Where you been?
http://www.zerohedge.com/news/2015-03-01/meanwhile-over-new-york-stock-e...
Fuck the Fed, fuck the mysterious futures buyers...fuck the CME and their godamned Central Bank preferred buying program.
Efamol.
Its the software stupid.
BTFD
what a fuckng joke!
Rigged.
We own the folks.
LOL! If I had any part in running this sham I'd be so embarrassed.
The difference between you and them is that you are capable of feeling shame.
16min... All the losses erased. UNBELIEVABLE.
We short-squeezed some folks
7 years the markets have been rigged to go up, nice work America. Ain't it great now that honesty is no longer the best policy, that crime does pay, and cheaters do prosper.
We short-squeezed some folks
The only guy I know that's crazy enough to be short is my cousin Billy Bob from West Virginia.....and he's on vacation this week.
Illusion las vegas style. welcome to the greastest show on earth! all you need is an internet connection...
There's an app for that.
Kevin Henry is busy I see...
A casino by any other name...rigged to the max, our equity markets play the game of the Fed discount carry trade! All banks are corrupt now, the equity markets are rigged, and every stinking politician is lying through their teeth.
America is being taken down, one peg at a time, and when we hit the brick wall, all hell will break loose!
Jesus Christ is your only salvation, give up on the wordly goods that can rust and be stolen, put your trust in Him!
How quaint...
How many million kids have been shot, burned, or blown to pieces the last couple decades, and not a peep outta jeebus. Of course I am just skimming the surface, but I think you get my point.
Jeebus is dead - get over it.
Make your fun of Him, what you do not realize or know is Satan runs this world, but you go ahead and mock Jesus Christ. Lucifer is who you need to blame, not Jesus my friend. You have been badly brainwashed and will ultimately be led down the wrong path in life. I feel sorry for you and will say a prayer, so that you can find your answers in life, you are missing a lot.
Go with peace and love in your heart, may you find the answers to life someday.
If the great sky wizard was all-powerful, the dungeon wizard wouldn't even exist. Sorry, but the whole story is so self-contradictory, and runs in so many circles, any thinking person would simply see it for what it is - bullshit.
But if it gives you comfort, then keep on praying. My young nephew prefers his blanky...
Ahh yes, says the man who has never bothered to pick up a Bible to learn the truth, you are showing much ignorance. That blinky you refer to is yours, so please do go ahead and worship yourself, it will get you nowhere.
I will pray for unthinking people such as yourself, to have their eyes opened to the real truth. You are just another believer in the Circular Relativism that pervades today's unenlighted mob.
Love ya brother, and like I said, I hope you find your way one day soon.
The Bible? Which version has the Truth in it? And as for worship; I find the whole concept disgusting. Any entity that required worship is no better than the worst slave master. I worship no one and no thing.
But I appreciate the love and wish you no ills.
Thank you my brother, peace be to you. I love you just the same.
He cannot understand the point that this life is struggle and reward comes after. He can only think in the here and now. It is a common problem for people who do not grasp what it really means to have faith in something. To them, if there is no proof then they have no "faith".
A simple solution is to ask if he believes in such a thing as a billion dollars. Of course he will. Ask him to show you a billion dollars to prove it exists. He will not be able to show you but it does exist.
I agree with everything you have stated.
And we have liftoff! Only took 20 minutes to go from -130 to green.
if dumb people and/or the Fed want to buy massively over valued stocks here, let them. they cant keep a $25 trillion (SPX Value) "market" up forever with a few million $$$ here and there.....
Well, the CME doesn't even margin the FED account.
I guess they figure the people are always there to buttress any FED losses....like 2008 and every other time in history.
“Gentlemen, I have had men watching you for a long time and I am convinced that you have used the funds of the bank to speculate in the breadstuffs of the country. When you won, you divided the profits amongst you, and when you lost, you charged it to the bank. You tell me that if I take the deposits from the bank and annul its charter, I shall ruin ten thousand families. That may be true, gentlemen, but that is your sin! Should I let you go on, you will ruin fifty thousand families, and that would be my sin! You are a den of vipers and thieves” – Andrew Jackson, seventh President of the United States (1829–1837).
So this of course amounts to an infinitely large account and they simply buy as many futures as they need to buy to achieve the desired result.
That trick works only if the currency has value, but so long as it does, they have a magic wand.
The invisible hand does it again...
At least you know what the free market really wants to do when the Fed and Treasury take a day off.
Exactly Q; this fires me up more than ever. It is ever more proof that we here at ZH are on the right track. Re-affirmation helps even the most confident among us. Can anyone give us a legitimate, alternative explanation for this insanity?
I just love how the Russell 2k leads the way. Nothing like piling into an index filled with companies that will never make money. Then again when an index has a PE of 20, less stocks with NEGATIVE earnings what does it matter. When you have to spin it that far, in a world of non GAAP, and no mark to market, then we have to know, as semi intelligent beings that the end is near.
I guess the 'market' can never collapse like it did the 30's as it is a fiction that is controlled/manipulated.
*slow clap* You finally caught on. It was allowed to collapse in the 30's. It will never be allowed to collapse as tptb use it as an alternate savings account now. Once you finally grasp that concept and make that connection, you too will make money "investing" and not be stuck on the sidelines.
It's all going according to plan.
JOKER says buy more stocks.
This """market""" apparently loves dead brown people and out of work white people.
To believe in the story this """market""" tells is to believe that evil truly lives and it resides on Wall Street.
Efamol
/My time. It is coming.
But But But... $48 oil handle. But but but making moneys in stocks are bad! Cue the buy gold articles in 3...2...1...
Lol...you ZeroProfit losers will never make money trading or investing. ALWAYS on the wrong side...Hahahaha!
How cute... another moron who believes ZH is a trading blog.
Then why do you care if market is up/down/over valued/manipulated? Huh? Go hug a tree or watch some grass grow.
As Hillary says: Who cares?
TBTF gives a shit - taxpayer will take it in the ass again