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US Equity Open Sparks Panic Buying In Crude & Stocks

Tyler Durden's picture




 

Because... fun-durr-mentals...

 

 

 

Seriously!! Again?

 

Charts: bloomberg

 

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Mon, 04/20/2015 - 10:09 | 6010678 Osmium
Osmium's picture

We had a correction on Fiday.  BTFD

Mon, 04/20/2015 - 10:56 | 6010819 KnuckleDragger-X
KnuckleDragger-X's picture

Yep, and the sheep has had the weekend to graze and are ready to be herded again....

Mon, 04/20/2015 - 11:56 | 6010995 Lionhearted
Lionhearted's picture

The bubble will continue to expand along with the money supply.

Mon, 04/20/2015 - 10:09 | 6010680 sodbuster
sodbuster's picture

BTFD!!! Any F'n dip!!

Mon, 04/20/2015 - 10:19 | 6010716 TruthInSunshine
TruthInSunshine's picture

Buy vix.

Sell the rips.

Bring in da noise, bring in da funk.

Mon, 04/20/2015 - 10:10 | 6010684 SheepDog-One
SheepDog-One's picture

All Friday losses regained plus some upon open....for fucks sakes.

Mon, 04/20/2015 - 10:13 | 6010697 Osmium
Osmium's picture

That's normal right?

Mon, 04/20/2015 - 10:58 | 6010825 KnuckleDragger-X
KnuckleDragger-X's picture

You betcha, and I've got some "high yield" energy bonds I'll sell you for a great price.....

Mon, 04/20/2015 - 10:13 | 6010700 NoWayJose
NoWayJose's picture

Algos do not accept losses -- they simply wait a day and then manipulate the prices in their favor!  It's pretty clear they want oil and oil stocks to go higher.

Mon, 04/20/2015 - 10:41 | 6010778 Never One Roach
Never One Roach's picture

It's paradoxical but logical in this Robust Economic Rekovery.

Mon, 04/20/2015 - 10:11 | 6010686 44MagnumPrepper
44MagnumPrepper's picture

Someone fix chat so I can HAIL CHUMBA

Mon, 04/20/2015 - 10:12 | 6010689 NoWayJose
NoWayJose's picture

There was a market, had some stocks, and Algo was its name, Oh - A.L.G.O - A.L.G.O - A.L.G.O - and Algo was its name, Oh!

Mon, 04/20/2015 - 10:12 | 6010691 Thisisbullishright
Thisisbullishright's picture

We had one day down, not a "correction" whatsoever!  So buy the fucking ATH!!

Fucking bullshit!!

 

Mon, 04/20/2015 - 10:13 | 6010694 coulous
coulous's picture

asian open = bullish es + 10

european open = bullish es+10

US open = bullish es +10

BUY THE FUCKING OPEN

Mon, 04/20/2015 - 10:16 | 6010708 coulous
coulous's picture

AND DON T FORGET TO SELL GOLD

Mon, 04/20/2015 - 10:19 | 6010717 coulous
coulous's picture

Mon, 04/20/2015 - 10:15 | 6010704 thismarketisrigged
thismarketisrigged's picture

this was so obvious.

 

do you think these criminal bankers would let the ''market'' fall almost 300 pts and then keep going down?

 

must retrace all losses bc of fundermentals!!!

Mon, 04/20/2015 - 10:15 | 6010705 yogibear
yogibear's picture

A buyin frenzy!

Mon, 04/20/2015 - 10:19 | 6010718 adr
adr's picture

It's obvious that someone doesn't want crude to go down to a price that may lead to a real recovery in the economy. As long as they can keep prices high the destruction of the middle class can continue at its record pace.

High oil prices also help to keep QE flowing to the parasites.

Where are the regulators? Where are the margin hikes? We've had two massive spikes in oil this year with no catalyst for it and nothing was done.

CNBC would lead you to believe that retail investors are piling into oil to make profit off higher oil prices. Bullshit. Is there any real person in the mainstream economy that wants to pay more for gas?

Mon, 04/20/2015 - 10:23 | 6010728 venturen
venturen's picture

can't wait for negative GDP and interest rates to really juice the market...and they can pour oil down the mississpi because supply and demand are completely irrelevant to the Alice in the Looking Glass world we live in

Mon, 04/20/2015 - 11:34 | 6010935 Dollarmedes
Dollarmedes's picture

April 29, no? Should be a good show.

Mon, 04/20/2015 - 10:26 | 6010740 Seasmoke
Seasmoke's picture

And again. And again. And again. Until you all finally agree that 2+2=7.

Mon, 04/20/2015 - 10:29 | 6010745 MFL8240
MFL8240's picture

Just laughable!

Mon, 04/20/2015 - 10:29 | 6010747 FreeShitter
FreeShitter's picture

Silver getting hammered

Mon, 04/20/2015 - 10:59 | 6010827 quasimodo
quasimodo's picture

of course it's getting hammered. It has no real value, is a relic and I can't put the shit in my gas tank.

Oh yeah, it gets tarnished if I don't polish it. 

Nevermind it has been used as a medium of exchange up until not that long ago, give me dollars!

 

Mon, 04/20/2015 - 10:30 | 6010748 Keltner Channel Surf
Keltner Channel Surf's picture

Looks like buy-stops at the 50 DMAs in some indices may have exacerbated the opening move.  The big Q of the day is:  will we whipsaw back and forth and end back near the 20 DMAs, or will volume remain low enough for them to push further and fill Thurs's gap?    Would be quite a move ...

Mon, 04/20/2015 - 10:31 | 6010750 Thisisbullishright
Thisisbullishright's picture

Do I continue to buy UVXY and look like a total fucking idiot??  Any advice??  I have 300 shares and feel like the proverbial village idiot!

Mon, 04/20/2015 - 10:45 | 6010787 buzzsaw99
buzzsaw99's picture

you're kidding, right?

if you wanna get reamed so bad why not take a spin in the FAZmobile?

Mon, 04/20/2015 - 10:45 | 6010791 ParkAveFlasher
ParkAveFlasher's picture

First they laugh at you, and then they keep laughing at you.

Mon, 04/20/2015 - 10:48 | 6010796 buzzsaw99
buzzsaw99's picture

now we know why "the market" is higher today. lulz

Mon, 04/20/2015 - 10:41 | 6010766 Keltner Channel Surf
Keltner Channel Surf's picture

(Oops, meant this as reply to Thisisbullish) Village 'idiots' often had the highest IQs, but starved before they could finish writing their treatises.  So, timing is everything.  Not uncommon at the start of big down moves for machines to sharply pull back, hit stops and gather more to reshort.  But, if that's NOT what's happening here, then the scofflaws could push this through May, especially if China headlines continue.

Mon, 04/20/2015 - 10:55 | 6010807 buzzsaw99
buzzsaw99's picture

in this "market" timing is measured in microseconds. That fund is down like 99% over the past five years. Didn't his mother tell him/her not to play in traffic?

Mon, 04/20/2015 - 11:02 | 6010838 Keltner Channel Surf
Keltner Channel Surf's picture

Yes, I was talking market in general, would never touch that stuff with a mile-long pole, just crazy.

Mon, 04/20/2015 - 12:41 | 6011133 Sages wife
Sages wife's picture

You make good sense KCS. Unfortunately, humans are no longer capable of delayed gratification.

Mon, 04/20/2015 - 11:00 | 6010829 GFORCE
GFORCE's picture

http://market-guru.co.uk/the-oil-rally-and-the-big-picture/ Crude has higher to go. Maybe $70 before it slows.

Mon, 04/20/2015 - 11:12 | 6010866 ChargingHandle
ChargingHandle's picture

Dumb Dumb Z-Hedgeers. Didn't you know that when there is a glut of surpluss oil to the point that there is no more room to store it that the price must go up? 

Mon, 04/20/2015 - 11:22 | 6010905 nope-1004
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