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Dollar Dump Sends Oil, Bonds & Stocks Surging
The sudden decision to buy EUR and dump USDs (after a slew of Fed speakers spewed their usual spew) has sparked a buy everything trade across markets as bonds, stocks, and crude are surging...
As EURUSD nears 1.08...
Charts: Bloomberg
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UN FCKIN BELIEVABLE
I thought crude was going to $20
/sarc
Tulips! Go Long Tulips!
Volume is amazingly non-existant. I wonder when the HFTs will look around the room and ask the question who they will sell this crap to? No problem, they will just sell it to themselves again.
The FED will end up owning all of it. Buyer of last resort.
Sorry
https://www.youtube.com/watch?v=68V1-2OGeYw
A to B. B to A. Repeat ad nauseum.
+1000
I could only actually bump you once so I give you 1000 in print.
Dont forget that crude oil went from about $140 to $40 right after the 2007 crash. The global recession has only increased since then.
Recession? Fuck sakes it's a Depression.
It was for you and I but for the crime center on Wall Street they knew excatly when it would turn up.
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
look at the fucking Dow...
and some people really believe this shit is real...
Wow - the world has never ending tickets on the crazy train
They just keep printing them.
always go with the opposite of where you want it to go.
I wouldn't call todays market surging except in a preparing to barf kind of way. We have reached the point where no matter what happens, the market goes up. I just thank god that I live far, far away from any big city.....
When will people stop getting mad and just go with the flow? Follow the money
I love the smell of VXX in the morning
I think volatility may have been dumping just a bit before, so I wonder if the dollar move was more of a symptom. My theory: w/ big funds on sideline = 0 volume, powerful Daily algos, which were pushing toward Keltner tops (which IWM already tagged yesterday), use VIX/RVX/VXN in lieu of real demand. If correct, VIX will control the close more than the $ (though machine linkages might make the point moot).
To keep it safe we may need to tiptoe in, with Vix 10's-11's, and when the SPX is plowing new ground at the same time. Manipulated makets need a bit more rope. The fat lady is tuning up.
I'm going to watch for the customary extended hours dip, pray for rain and hopefully watch the magic unfold. It's been a while and the fat lady needs to get laid.
This is why news is irrelevant as nothing happens the way its suppose to anymore..
Any volatility is now dead and I'm pretty sure whoever put $9 "put" options on UVXY for 50 million dollars is CLEARLY in the know! I can't help but think of anything else as I lose my ASS in uvxy....
My ass hurts!
It's darkest before the dawn.
Death, taxes and a correction.
Tough titty for the oil shorts..................
They just got fleeced by GS. . . again. Definition of insanity. Keep going back to GS to get raped. Timberwolf bitchez!
I knew it would be a weird day in the markets when I saw the heavy schedule of Fedswine squealing on the agenda.
if i was your english teacher, u would get an F the way u worded ur post.
the critical mistake u made, was '' i knew it would be a weird day in the MARKETS'' using the word ''MARKETS'' without quotations is implying there are still ''MARKETS'' around.
please next time use quotations when using the word ''MARKETS'' and dont pretend its a normal word anymore, because there are no longer ''MARKETS''.
Point well taken. But if you WERE my english teacher, I'd demand a refund.
WTF????
Hard Numbers and Facts mean nothing to the almight ALGO!
There are no more Hard Numbers and Facts -- every number is created, manipulated, and released by the mighty ALGO!
Very true. I was mainly referencing the continual inventory build in oil. The lack of demand should be driving the price down, let alone the production increase by KSA announced today.
Everything is counter-intuitive in the market anymore. It is sad when the real casino's here in Reno are more legitamite.
The big Chinese ETF -- FXI -- is up 22% in a month -- and is getting BUY recommendations -- all while the Chinese economy collapses! Stock market bubbles are sustainable as long as there is still a belief that the central banks will ease even MOAR!
Hyperinflation, bitchez.
To quote a regular poster here on ZH,.
"Tick tock mother fuckers!"
Do these idiots really not know dollar is currently dogshit and soon to become a steaming pile of whale shit?
no shit
The $usdx is approching the 50day avg. for the third time since early March. This might be the time it breaks through. Traders know the US equity markets are overbought and earnings are shit. Japan, and China have been buying the $usd like crazy. (more so Japan)
Look at this UST build by Japan. They're backing off now, with Fed. rate uncertainty. The equity market traders buying the $usd selloff is laughable.
Japan Overtakes China as Largest U.S. Bondholder - WSJ
Aren't all moving averages a mirage regarding trend prediction? They have no validation apart from the circular one that they "work" because the "market participants believe in them".
Beyond absurd.
I don't want to miss the oil move up so I bought UCO jan 2017 calls, $15 strike for $1.60. I have almost two years to let oil work its way back up. I don't think I'll even watch oil for awhile and maybe in a year and some change look and be like, "wow, uco is $40 and those calls are worth $25 that I bought for $1.60."
When the shoeshine boy and the taxi driver are telling you about this great stock "tip" - you know it's time to get out.
So much for 40.00 oil
Well would you rather own oil or dollars? I can't blame "speculators" for driving it up.
gotta.. protect.. the.. euro...
Every single bankster better help out now.
NIRP that bitch to inifity as ze greeks getting kicked out.
I wonder when the public gets to borrow a billion with negative interest, looking forward to get richpoor. Surely my negative billion will give me a new ferrari or so every month to mess around with. Not enough you say? lend me some moar!
Musical chairs, bitchez.
Haha, how much more of this can the computers take before they blue screen.
I still think oil is heading to a buck a barrel.
We'll see about refined product...but oil at 40$ is way over priced.
Stop taking your investment plans from Goldman.
Choppy markets. Folks getting short-squeezed on their EUR shorts.
So people are crazy to buy stocks but have just dumped dollars so can't buy them. Uh, right.
king dollar
prince pauper
. . . and here we go.
The herd mentality should kick in soon and drive it up even further.