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The "Markets" React To FOMC-Minutes-Implied Fed Confusion

Tyler Durden's picture




 

No new news whatsoever, aside from perhaps greater emphasis on the fact that now The Fed is 'protector of global wealth creation' given the smorgasbord of risks discussed... left market participants and machines as confused as The Fed appears to be...

 

 

What that looks like...

Stocks... dump'n'pump

 

Commodoties Cluelesss...

 

And Crude is now puking it back to a $50 handle...

 

Giving back all the last 2 day's squeezey gains...

 

Dollar and Bond (yields) roundtripping too

 

Charts: Bloomberg

 

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Wed, 04/08/2015 - 14:27 | 5971948 maskone909
maskone909's picture

we should worry if the FOMC minutes ever had any conviction. 

Wed, 04/08/2015 - 14:33 | 5971981 Serfs Up
Serfs Up's picture

My 6 year old knew what the reaction was going to be...buy stawks and sell gold.  He's heard me shout it out enough that he already knows...It ain't exactly a secret what the Fed is up to or how thin and fragile their egos are requiring market substantiation of every utterance.

Just read Bernanke's blog if you want to better understand just how thin, evil, and childish these Fed officials really are.

Wed, 04/08/2015 - 14:42 | 5972026 nope-1004
nope-1004's picture

A comment I made after a similar press release a few years ago about our white-collar criminal banking syndicate:

 

Kentucky Derby management owns race track.

Kentucky Derby management owns 1 horse.

Only 1  horse allowed to race.

Judges and timekeepers are paid off.

Track officials are paid off.

Public can only make 1 bet:  That the horse will lose.

Track owners short the publics' bet, go double long that it will win.

Gambling public left stunned.

Track owners laughing their asses off.

Mayor of city where track is located holds PR conference, says he may shorten track, or lengthen track, or trim green chutes around edges, or not trim green chutes around edges, or taper corners, or not taper corners, or provide new exit gate, or close exit gate.

Public analyzes Mayors' words and feel comforted in the clarity.

Media prints articles on how smart Mayor is.

Wed, 04/08/2015 - 14:43 | 5972064 maskone909
maskone909's picture

good stuff!  only i will add that the kentucky track owners sell fiberoptic laserbeam teleporters to a select few of better's that let them see the winner of the race before it happens, and allow them to skim off everyone elses bets.

Wed, 04/08/2015 - 23:15 | 5973988 bearwinkle
bearwinkle's picture

I used to go to the track and I wouldn't place my bet until I saw the big money being place in the last seconds before the gates opened. Easy pickens, I always won more than I lost. Note: this only works with smaller crowds and purses - the Kentucky Derby has way to much money being bet to see who the heavy betters were picking.

 

 

Wed, 04/08/2015 - 14:39 | 5972032 maskone909
maskone909's picture

good parenting begins at pointing out the bullshit on financial media outlets.   ;-)

Wed, 04/08/2015 - 14:47 | 5972109 Arnold
Arnold's picture

Shame on you letting children under age 45 play in the street like that (unless they are top level programmers)!

Wed, 04/08/2015 - 14:47 | 5972107 madcows
madcows's picture

Thin?  I dunno.  they all look kinda fat to me.

Wed, 04/08/2015 - 15:22 | 5972300 JailBank
JailBank's picture

Serfs just think your kid has lived their entire life with a centrally planned maket.

Wed, 04/08/2015 - 23:23 | 5974017 blowing winter
blowing winter's picture

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

Wed, 04/08/2015 - 14:28 | 5971953 Quirkel
Quirkel's picture

A monkey with a dart could do better

Wed, 04/08/2015 - 14:35 | 5972004 madbraz
madbraz's picture

he could do better if his aim was impecable and FED officials were the bullseye.

Wed, 04/08/2015 - 15:10 | 5972229 Bankster Kibble
Bankster Kibble's picture

. . . you forgot the recreational drugs.

Wed, 04/08/2015 - 14:29 | 5971962 KnuckleDragger-X
KnuckleDragger-X's picture

If you can't dazzle them with brilliance, baffle them with bullshit......

Wed, 04/08/2015 - 14:30 | 5971966 buzzsaw99
buzzsaw99's picture

i remember the old days when i used to read those. now they are meaningless.

Wed, 04/08/2015 - 14:31 | 5971972 Space Animatoltipap
Space Animatoltipap's picture

They don't know. It's another case of going down together.

Wed, 04/08/2015 - 14:33 | 5971979 Niall Of The Ni...
Niall Of The Nine Hostages's picture

That, by the way, is on my short list of favourite editorial cartoons of all time. An oldie and a very goodie.

Wed, 04/08/2015 - 14:34 | 5971985 actionjacksonbrownie
actionjacksonbrownie's picture

I just HAD to chuckle as I watched bozos bid up gold stocks in the last 2 hours, only to get their asses handed to them in a matter seconds at 2pm.

 

Don't those guys know that no matter what the fed has to say, Gold WILL get slammed the very second the FOMC minutes are released???

Wed, 04/08/2015 - 14:39 | 5972029 Hal n back
Hal n back's picture

actually I think ther ewas a lot of short covering so many went to sideline--now shorting again.

I bought gdx puts about 1 minute before the top of the hour--sold them already.a double.

 

Wed, 04/08/2015 - 14:45 | 5971987 Gmacks
Gmacks's picture

I think this time is different. The fed can move the markets with their words!

Wed, 04/08/2015 - 14:34 | 5971992 Keltner Channel Surf
Keltner Channel Surf's picture

Seems like 80% of the time on FOMC days both high and low stops of the day are approached or taken out by 2:30, then after a VWAP touch, machines choose a particular direction.

Wed, 04/08/2015 - 14:34 | 5971994 Q-Q-Q
Q-Q-Q's picture

F#cked, completely.

Wed, 04/08/2015 - 14:34 | 5971997 Kirk2NCC1701
Kirk2NCC1701's picture

Until we see negative yields and QE4, 5 or 6, it's time to BTFATH or BTFD. 

Wed, 04/08/2015 - 14:35 | 5972000 FieldingMellish
FieldingMellish's picture

What, no mention of sub $1200 gold?

Wed, 04/08/2015 - 14:35 | 5972003 roadhazard
roadhazard's picture

The FED puts the BS in BS.

Wed, 04/08/2015 - 14:36 | 5972007 Q-Q-Q
Q-Q-Q's picture

Words are the only thing left.

Wed, 04/08/2015 - 14:37 | 5972015 Kirk2NCC1701
Kirk2NCC1701's picture

How about all those "Gold surges" we keep reading about?

Wed, 04/08/2015 - 14:39 | 5972030 FieldingMellish
FieldingMellish's picture

All's quiet when gold drops ... that or its a WTF! or "insane" or "clueless"... ZH is a mouthpiece for gold shilling.

Wed, 04/08/2015 - 14:42 | 5972052 Soul Glow
Soul Glow's picture

BOTH OF YOU ARE FUCKING IDIOTS!  GOLD HAS DOMINATED THE EURO, YEN, RUBLE, AND COUNTLESS OTHER CURRENCIES!  GET THE FUCK OFF ZERO HEDGE!

Wed, 04/08/2015 - 14:44 | 5972070 FieldingMellish
FieldingMellish's picture

No. I will not allow you to wallow in your confirmation bias.

Wed, 04/08/2015 - 14:45 | 5972080 Soul Glow
Soul Glow's picture

Dude, look at a gold vs. euro chart.  And stop fucking writing on ZH until you understand the market.  We don't need idiots on here just writing for no good reason.

Wed, 04/08/2015 - 14:47 | 5972103 FieldingMellish
FieldingMellish's picture

LOL! Nobody understands the "market". Least of all a website that has been telling people to buy a depreciating asset for 4 years now.

Wed, 04/08/2015 - 14:49 | 5972119 Soul Glow
Soul Glow's picture

See this is what I mean.  You are simply TROLLING ZH to bash gold.  Get a fucking life.

Wed, 04/08/2015 - 14:50 | 5972125 FieldingMellish
FieldingMellish's picture

Right because what a couple of nobodies say in the comment section of a fringe website can move a multi-billion dollar market. Right.

Wed, 04/08/2015 - 15:40 | 5972408 JailBank
JailBank's picture

Fielding Not sure about you, but I have this market completely figuered out. You just need to invest in ......... oh wait I wasn't expecting that to happen.

Wed, 04/08/2015 - 17:10 | 5972803 Soul Glow
Soul Glow's picture

Gold vs the euro!!!!!!!!!!!  And you trash gold!  Fucking idiot!

Wed, 04/08/2015 - 15:13 | 5972242 actionjacksonbrownie
actionjacksonbrownie's picture

Actually, if you live in canada, Gold has done extremely well the past 2 years. I suspect that the same may hold true for pretty much all countries with the exception of u.s.

Wed, 04/08/2015 - 14:37 | 5972016 ekm1
ekm1's picture

There is no market.

There is only Central Command (not the Fed)

Rates no longer matter.

Wed, 04/08/2015 - 14:59 | 5972161 NoDebt
NoDebt's picture

You mean centcom, I assume.  I'll give you this- you ARE consistent in your opinions.  I don't agree, but you get points in my book for sticking by your guns, so to speak.

Wed, 04/08/2015 - 15:15 | 5972256 ekm1
ekm1's picture

Centcom is part of it in my view, and fighting for strong dollar and control of the Fed.

 

I mean Gang of Eight

http://en.wikipedia.org/wiki/United_States_Intelligence_Community_Oversight

 

Wed, 04/08/2015 - 15:21 | 5972294 NotApplicable
NotApplicable's picture

Now if only he spoke as if they were opinions, rather than his current stance that he knows all.

Wed, 04/08/2015 - 14:40 | 5972037 Soul Glow
Soul Glow's picture

EVERYTHING IS AWESOME

Wed, 04/08/2015 - 14:47 | 5972041 SillySalesmanQu...
SillySalesmanQuestion's picture

There you go man, keep as cool as you can
Face piles of trials with smiles
It riles them that you perceive the web they weave
And keep on thinking free

Wed, 04/08/2015 - 14:41 | 5972048 LawsofPhysics
LawsofPhysics's picture

No worries Kevin Henry has got this...

for the love of Mike dumbasses, there is no market!!

Wed, 04/08/2015 - 14:44 | 5972069 Q-Q-Q
Q-Q-Q's picture

Words pump gold under $1200, more words needed to keep it there possibly required. Fed indicates that more words are available and could be used in the next meeting. Commentators are trying to guess next words that will be spoken by Fed although Fed remaining tight lipped about possible words that will be deployed.

Fed member rumoured to mutter "what the f#ck have we got left to deploy other than words" when asked to comment but these words CANNOT be confirmed.

Wed, 04/08/2015 - 14:45 | 5972082 praps
praps's picture

I think it's  a little more organisaed that that cartoon.  They must make milions when they jointly rip the market 100 Dow points.

Wed, 04/08/2015 - 14:51 | 5972120 BoPeople
BoPeople's picture

How does that go again ...???

Bottoms are quiet and tops are volatile? Or was it the other way around?

Doesn't matter, the Fed will never let the stock markets fall (commodities yes, stocks now) because the people have no more blood to give to keep Goldman Sachs alive.

The vampire squid has drained us dry.

Wed, 04/08/2015 - 14:51 | 5972127 monopoly
monopoly's picture

Don't you guys just love "Free Markets". Amerika!

Wed, 04/08/2015 - 14:52 | 5972135 Arthur Schopenhauer
Arthur Schopenhauer's picture

Did you ever notice how much Janet Yellen looks like Captain Kangaroo?

"Let me introduce myself. My name is, uh, Kangaroo... Kangaroo — Captain Kangaroo … I'm the keeper here of the Treasure House."

Wed, 04/08/2015 - 14:53 | 5972142 Chuck Knoblauch
Chuck Knoblauch's picture

Replace Yellen with a proven bank regulator (Mr. Black).

Let the chips fall.

No President would have the guts to do it.

Wed, 04/08/2015 - 14:56 | 5972155 ImYourHuckleberry
ImYourHuckleberry's picture

I thought Jews were suppose to be so brilliant?

Wed, 04/08/2015 - 14:57 | 5972162 vesna
vesna's picture

There is one issue that bothers me much lately. If I falsificated 500 EUR notes I would go to prison for many  years. They falsificate my personal wealth printing 500 EUR notes for themselves every day. They should be in prison.

 

Fuck you Bernanke, Draghi and all printing press thieves!

Wed, 04/08/2015 - 15:14 | 5972252 Bankster Kibble
Bankster Kibble's picture

I am printing this whole article and keeping a copy for my library.  What a classic.  Imagine, who would think that algos could be a silly as the rest of us? . . . Erm, . . .

Wed, 04/08/2015 - 15:18 | 5972275 Longduckydong
Longduckydong's picture

if the market reacts positively to the first rate increase, you're all gonna jump off a bridge.

Wed, 04/08/2015 - 15:23 | 5972306 sTls7
sTls7's picture

Fed confused...WTF?

Wed, 04/08/2015 - 15:28 | 5972332 sTls7
sTls7's picture

self serving aholes.

Wed, 04/08/2015 - 15:34 | 5972370 Goldbugger
Goldbugger's picture

Even some of the Pros don't know what the fuck to do next.

Wed, 04/08/2015 - 15:55 | 5972443 X_Weatherman
X_Weatherman's picture

Oh, well I made some money both selling and buying a couple of NASDAQ futures contracts during this roler-coaster ride.

Wed, 04/08/2015 - 16:42 | 5972685 luna_man
luna_man's picture

 

 

One of the better cartoons!...MY MAIN MAN!!

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