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Did The Japanese Just Save The World Again?

Tyler Durden's picture




 

Suddenly, and with no catalyst whatsoever, "someone" decided to sell JPY, buy EUR and USD and aggressively bid for US equities and European peripheral bonds... just as they headed for an ugly day... Paging GPIF?

 

 

We assume this means The Fed (or Citadel) will be buying NKY futures following that index's biggest drop in 3 months overnight... you keep my market afloat and I'll keep yours alive... quid pro quo.

 

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Thu, 04/30/2015 - 11:37 | 6047040 medium giraffe
medium giraffe's picture

no

Thu, 04/30/2015 - 11:39 | 6047049 Headbanger
Headbanger's picture

No round eye

But Krugman still fixing Fukushima main reactor in pink kimono

Please do not worry

Thu, 04/30/2015 - 11:44 | 6047069 knukles
knukles's picture

None of these markets makes any sense right now.
BTW, didju all hear that Belinda Jenner is donating her balls to dahprez?

Thu, 04/30/2015 - 11:47 | 6047080 medium giraffe
medium giraffe's picture

That said, I'm tempted to fade the Tyler top.

Thu, 04/30/2015 - 11:48 | 6047084 Hype Alert
Hype Alert's picture

Unrigged.

Thu, 04/30/2015 - 12:02 | 6047133 PartysOver
PartysOver's picture

Is an Algo induced Stop Run not a possiblility.   After all "No Stops go untouched in the ES, NQ markets".

Thu, 04/30/2015 - 12:33 | 6047225 weburke
weburke's picture

one would hope they could play bounce the bubble for at least my lifetime, but the controlled republicans announced they cannot stop obama from any UN agreements against israel, and netanyaho and boys, have previously announced that when israel is indeed alone, they will act. not so fake false flags coming at us soon. To drive home the point that israel is essential to us, then, iran war in 3-2-1 and then lovely false flags can be blamed on muslim reacting to israel actions. the new dawn coming will be after a long planned night. 

Thu, 04/30/2015 - 13:08 | 6047400 RafterManFMJ
RafterManFMJ's picture

Please not to worry!

Thu, 04/30/2015 - 11:58 | 6047117 JRobby
JRobby's picture

Why would they?

Thu, 04/30/2015 - 12:38 | 6047269 CrimsonAvenger
CrimsonAvenger's picture

Same reason that dogs lick their balls. Because they can.

Thu, 04/30/2015 - 12:38 | 6047252 Kirk2NCC1701
Kirk2NCC1701's picture

Critical Thinking 101: If things "Don't make sense", it is because you lack accurate or crucial information, or because you're using the wrong Model/Paradigm." -Kirk

Smart people will eventually look at their own Paradigm and re-check their Assumptions, once they have exhausted the validity of the Data/Info. Irrational people (dogma or emotion-driven types) will persist in their Model/Paradigm, and will refuse to truly challenge their Assumptions -- per Einstein's definition of Insanity.

For these reasons, I've stopped heeding Austrian and ZH theories and dogma, realizing that the cluster/cabal of CBs can suspend and indeed are suspending reality for a time (a number of years), until they come back to it -- but at a time and condition of their choosing, not ours.

Until then, I will proceed of Principle: Allocate across Primary, Secondary and Tertiary assets -- realizing that for all three to fail at the same time, would mean a planet-ending event. Refusing to diversify/allocate is equivalent to "Live by the sword, die by the sword". Kirk out.

Thu, 04/30/2015 - 13:24 | 6047466 Consuelo
Consuelo's picture

Only the Metrons would be capable of planet-ending event.

Fri, 05/01/2015 - 05:40 | 6047860 g'kar
g'kar's picture

Well we do have Gorn in positions of power. So it is possible they would smoke the earth if Kirk loses to their captain.

Thu, 04/30/2015 - 13:10 | 6047406 kb0oxt
kb0oxt's picture

Being Broke SUCKS!!!!!!!!!!!!

Thu, 04/30/2015 - 11:38 | 6047044 madbraz
madbraz's picture

i just wish these guys would be put in jail or at the very least criminal activity would cease to be allowed.  

Thu, 04/30/2015 - 11:45 | 6047073 jaxville
jaxville's picture

  What is "GPIF"?     Too many acronyms....Not enough information.

Thu, 04/30/2015 - 11:53 | 6047098 Weaponized Innocense
Weaponized Innocense's picture

Google says wiki says: GPIF = Gov Pension Investment Firm

Thu, 04/30/2015 - 11:38 | 6047045 LawsofPhysics
LawsofPhysics's picture

Yes "somebody"...  LOL!  Could be almost anyone with a fiat printer...


Thu, 04/30/2015 - 11:40 | 6047054 KnuckleDragger-X
KnuckleDragger-X's picture

You don't need to print, just a bit of creative reallocation.....

Thu, 04/30/2015 - 11:54 | 6047102 Wilcox1
Wilcox1's picture

...And a fiat finger...

Thu, 04/30/2015 - 12:06 | 6047147 MonetaryApostate
MonetaryApostate's picture

I've never understood people's fasication with fiat or gold, I suspect when they end the fiat system and switch to the digital world bank, everyone will be staring at their digital accounts on the computer and finally realize they have sold themselves extremely short....

Thu, 04/30/2015 - 11:38 | 6047046 Oh regional Indian
Oh regional Indian's picture

Just re-member...All liquidity from Japan is radio-active.

It IS a fractal world...

https://aadivaahan.wordpress.com/2011/11/14/mandlebrot-me-magick-andlebr...

Thu, 04/30/2015 - 11:38 | 6047048 KnuckleDragger-X
KnuckleDragger-X's picture

Magic, so unicorn pee cocktails for everyone.....

Thu, 04/30/2015 - 11:40 | 6047055 WTFUD
WTFUD's picture

' Forgive them lord for they know not what they do '.

Thu, 04/30/2015 - 11:41 | 6047058 CPL
CPL's picture

Oh look!!  They shuffled the horses at the glue factory again.

Thu, 04/30/2015 - 11:44 | 6047070 Oh regional Indian
Oh regional Indian's picture

Just thinking about you today my friend CPL. How is canuckistaan?

Thu, 04/30/2015 - 15:00 | 6047787 CPL
CPL's picture

Not bad.  Running with scissors as usual.  You're still rocking it I see on your channel.  Seriously you're channeling Hendricks in some of your gigs.  It's great stuff.

Thu, 04/30/2015 - 11:41 | 6047060 doggis
doggis's picture

I LOVE ZEROHEDGE - CALLING OUT THE CENTRAL PLANNING FRAUSTERS DIRECTLY. THE TRUTH IS THE TRUTH.

Thu, 04/30/2015 - 12:47 | 6047298 Kirk2NCC1701
Kirk2NCC1701's picture

Yes, but unless "The Truth" is helping you to "Live long & prosper", it ain't worth jack shit.

In which case... they will be richer, and you will be poorer.

The question you have to ask yourself is: "Truth, what have you done for me lately?"

If the answer is "Not much", then you either need to seek an alternate truth, get really lucky, or change your club/tribe membership. The alternative is to wallow in indignation and self-pity, and to crawl into a hole/basement, while waiting for death or the Second Coming to arrive. Pick a path, choose wisely.

Thu, 04/30/2015 - 11:43 | 6047061 doggis
doggis's picture

I LOVE ZEROHEDGE - CALLING OUT THE CENTRAL PLANNING FRAUDSTERS DIRECTLY. THE TRUTH IS THE TRUTH.

Thu, 04/30/2015 - 11:42 | 6047063 jump_mutha_fukah
jump_mutha_fukah's picture

KEVIN!!!!!!!!!!!!! Turn those machines back on

Thu, 04/30/2015 - 11:43 | 6047065 Bill of Rights
Bill of Rights's picture

And the funny part is they still call this " Investing "

Thu, 04/30/2015 - 11:45 | 6047075 buzzsaw99
buzzsaw99's picture

hmm, i wonder why "the market" did that

lololololololololololololololololololol

Thu, 04/30/2015 - 11:46 | 6047079 q99x2
q99x2's picture

Of course the Japanese are working for the banks of Wall Street and central banks in europe. That is who pays them. Their people don't pay them. They are bankers. That's what bankers do (treason).

Thu, 04/30/2015 - 12:45 | 6047291 SDShack
SDShack's picture

Soverign bond shell game. Japan, Belgium, USSA, fill in the blank. All just a desperate attempt to show momentum. You will know the game is entering the end phase when one of these soverigns is sacrificed. Just think Bear Stearns or Lehman on a bigger scale. When sociopaths start feeding on each other, watch out.

Thu, 04/30/2015 - 11:47 | 6047081 Thisisbullishright
Thisisbullishright's picture

Central bank circle jerk...

Mr. Yellen very good at this!!

 

Thu, 04/30/2015 - 12:08 | 6047157 MonetaryApostate
MonetaryApostate's picture

They are going to make the established drunkards look like completely idiots soon enough....

Thu, 04/30/2015 - 12:26 | 6047217 Baby Eating Dingo22
Baby Eating Dingo22's picture

It really is Ms Yellen

That lump is just an overly engorged vulva deperately in need of relief

Any takers?

Thu, 04/30/2015 - 11:49 | 6047087 walküre
walküre's picture

They have to try and hide the pump and dump they're running a while longer. The catalyst for the "selloff" is already in the making though. Who or what will get the blame? I suspect it will be a combination of things and as always, the common theme will be that everyone felt it was coming but "nobody" knew when.

In the meantime, yields are marching higher and the direction of the shuffle is pretty clear. Limp dick markets and not a single dose of Viagra on the table.

Thu, 04/30/2015 - 11:49 | 6047089 WTFUD
WTFUD's picture

Can't save themselves but ready to save the world. shucks.

Thu, 04/30/2015 - 11:52 | 6047094 Mister Delicious
Mister Delicious's picture

look, an orbit is a slow fall...the water is circling the drain.

***
OT - How about a story on the Bradbury, Tylers?

http://www.britishconstitutiongroup.com/campaign/bring-back-the-bradbury

{In concert with that case in Canada

http://www.globalresearch.ca/the-case-to-reinstate-the-bank-of-canada/54...

could see a little momentum on this in th eAnglosphere, no?

}

Thu, 04/30/2015 - 11:55 | 6047105 screw face
screw face's picture

Abe knows what it is to be ...BULLISH in America.

Thu, 04/30/2015 - 11:55 | 6047109 lasvegaspersona
lasvegaspersona's picture

When da banksters finally fail at their 'evil games' the entire world will fall apart. Pension plans will either be broke or stuffed full of cash by the Fed so much so that it will become worthless. The entire world will find it's paper wealth gone and another generation of folks on fixed incomes will be eating cat food. Even the bankers behind all this will be poor....except those who know to buy real things.
When this is over many will wish they had been able to keep the game going just a bit longer. If there are any lynchings it will be because they failed not because they continued the Ponzi.

Thu, 04/30/2015 - 11:56 | 6047114 Keltner Channel Surf
Keltner Channel Surf's picture

As that coincides with timeframe when SPY and QQQs hit key DMAs, I'm inclined to think it's part of the overall institutional machine trade that took SPY from it's 50 to 20 DMA in 60 min, w/ VIX tagging along.  The question now is whether they reloaded for a dump back to and beyond the lows, or if they ramp back to end at the highs.  Big down days often have 2nd legs starting around lunchtime (the bears' hope).

Thu, 04/30/2015 - 12:06 | 6047137 medium giraffe
medium giraffe's picture

Yeah, was expecting so. Wed was similar.

Thu, 04/30/2015 - 12:08 | 6047161 Keltner Channel Surf
Keltner Channel Surf's picture

Been an interesting day.  Bulls have bought right at std daily bounce pts (DMAs), but bears re-shorted at levels lower than 15m chart standards, which either indicates confidence in a larger down move, or simply playing the classic "double touch" requiring hitting the lows twice, perhaps even taking out stops, before the standard ZIRP ramp.

Thu, 04/30/2015 - 12:21 | 6047199 medium giraffe
medium giraffe's picture

I've never met a confident machine ;)

Thu, 04/30/2015 - 12:27 | 6047219 Keltner Channel Surf
Keltner Channel Surf's picture

Should have introduced you to RUT algos in the fall of 2014 and winter of 2012, the most cocky bunch of hexadecimal bastards you'll ever meet.

Thu, 04/30/2015 - 12:33 | 6047234 jump_mutha_fukah
jump_mutha_fukah's picture

I'm counting on a break below the 100 day to get long (while holding my nose) before a ramp job so do the opposite and you will make bank.

Thu, 04/30/2015 - 12:58 | 6047286 Keltner Channel Surf
Keltner Channel Surf's picture

Would require daily Keltner breach, and IWM rarely avoids Keltner bounces.  Also, noticed how "little brother" RUT is often a slave to SPY and QQQ DMA activity, and if both bounce from the 20/50 today, then IWM could bounce back to the 50 DMA.  If bears make SPY and QQQ break for 100/50 DMAs, you'd be in business to get filled.  Good luck

Thu, 04/30/2015 - 13:10 | 6047409 jump_mutha_fukah
jump_mutha_fukah's picture

RUT 100 day....I see it around IWM 121.66

Thu, 04/30/2015 - 13:20 | 6047447 Keltner Channel Surf
Keltner Channel Surf's picture

Perhaps you're using EMA, as my figure shows the SMA is closer to 121 on IWM and RUT (?).  Either way mkts are stirring again

Thu, 04/30/2015 - 13:43 | 6047529 jump_mutha_fukah
jump_mutha_fukah's picture

DMA with a -14 day displacement, no displacement and you are spot on with the 121

Thu, 04/30/2015 - 14:54 | 6047773 Keltner Channel Surf
Keltner Channel Surf's picture

Looks like you got a fill, DIA & QQQs also at DMAs (100/50), but SPY in no man's land.  Good luck on the bounce.

Thu, 04/30/2015 - 15:10 | 6047836 jump_mutha_fukah
jump_mutha_fukah's picture

Yeah...got a fill around 82 TNA Time frame on some May 22 Calls. Might have been a wee bit early. Need a bounce then roll out the weekly call sells against it.

Thu, 04/30/2015 - 12:11 | 6047168 The Bell Rang
The Bell Rang's picture

It is not going to matter...................

Thu, 04/30/2015 - 12:31 | 6047227 Deflationist
Deflationist's picture

Part of apology for WW2 from Abe's Pension fund.

Thu, 04/30/2015 - 12:57 | 6047345 Yen Cross
Yen Cross's picture

   I caught that(usd/jpy) spike  as well.(The usdx barely moved) I had to cover my aud/jpy short, and reverse the trade, because aud/usd is so oversold on the hourly charts. ;-)

Thu, 04/30/2015 - 13:18 | 6047441 NoWayJose
NoWayJose's picture

Given the likelihood of some type of Chinese QE or stimulus plan -- I like the AUD even with all the doom and gloom predictions.  The only reason not to like AUD is if you believe that the USD is a sound currency.

Thu, 04/30/2015 - 14:21 | 6047634 Yen Cross
Yen Cross's picture

     I like the Aussie as well... I'm a well known Aussie bull. It's all about timing.

  The $usd is so over sold currently, that I like the short side of the trade. I'm short aud/usd from yesterday, and hedged with aud/jpy long, because the usd/jpy was oversold and the $usdx is currently oversold.

 I might play with some eur/jpy, gbp/jpy  tomorrow after these EOM flows clear the system.

 * eur/aud could be decent hedge tomorrow as well. It's more expensive though.

Thu, 04/30/2015 - 13:56 | 6047562 rejected
rejected's picture

And we disparage the rioters for their uncivilized and unlawful acts. Drop in the ocean compared to these crooks. Capt. Kirk is likely right about this continuing until the slime decide pull the rug but condemning  one group destroying thousands of dollars in mostly their infrastructure and giving those that are robbing billions from everyone a pass is just wrong,,, and just because they let some of us profit from their uncivilized activities until ??? ,,, doesn't make it any more right.

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