This page has been archived and commenting is disabled.

Yellen Capital Now Significantly Underwater (Again)

Tyler Durden's picture




 

It's a little early to judge her stock-timing skills but, just as we saw with Biotechs last year, the market appears quite happy to ignore Janet Yellen's stock valuation calls (while still believing her every word - as if set in stone from on high - that the economy is recovering, that weakness is transitory, and that everything will be awesome)...

We will see if this monster algo ramp can break through yesterday's opening levels (and the stops waiting there).

 

But it apopears Yellen hadn't counted on yet another epic short squeeze at the open...

 

Charts: Bloomberg

 

- advertisements -

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.
Thu, 05/07/2015 - 12:39 | 6069506 Aknownymouse
Aknownymouse's picture

Don't mess with granny. She can raise rates in 15 minutes

Thu, 05/07/2015 - 12:46 | 6069530 Aknownymouse
Aknownymouse's picture

During the past 6 years we were told not to fight the FED. also we were told about the FED put, etc. now that the put is obviously lifted, now we need to fight the FED and ignore them? Ok. Got it CNBC.

Thu, 05/07/2015 - 12:55 | 6069568 PartysOver
PartysOver's picture

Swiss National Bank is the proud owner of an equity portfolio that sums to $100 billion

I don't think valuations matter any longer.   Like all politicians, including CB Chairs, watch what they do.  Not sure how the SNB actions can be interpreted as anything but bullish.  Until of course, it all implodes.

Thu, 05/07/2015 - 13:59 | 6069798 Soul Glow
Soul Glow's picture

Imagine how bug the Fed's is!

Thu, 05/07/2015 - 22:14 | 6071454 Sorry_about_Dresden
Sorry_about_Dresden's picture

The Bernank was always a catcher for the BIS!

Bernanke will die of HIV AIDS from getting fucked in the ass by REAL CENTRAL BANKERS!!!!!

Don't forget to take your drug cocktail least you waste away.

Bernanke is/was (just) a whore.

Thu, 05/07/2015 - 22:09 | 6071435 Sorry_about_Dresden
Sorry_about_Dresden's picture

I wish that dirty bitch would raise rates.

My rates are fixed!!!!!  3%!!!!!!! Let that ugly hag raise rates!

I won't suffer.

I survived 15% under Volkcer. 

Do your worst you hag!

Thu, 05/07/2015 - 12:39 | 6069511 Philo Beddoe
Philo Beddoe's picture

The price to equity ratios look fine to me. I do not what she is complaining about. 

Thu, 05/07/2015 - 12:57 | 6069582 American Dreams
American Dreams's picture

Philo I had to login just to up arrow you man.  An absolute classic from the douche holder in chief. 

Know your enemy

AD

Thu, 05/07/2015 - 12:58 | 6069586 KnuckleDragger-X
KnuckleDragger-X's picture

Things aren't going the way she wants, so vague assertions must be announced with mild suggestions of doing something, eventually, coming soon....

Thu, 05/07/2015 - 12:41 | 6069514 Maplehood
Maplehood's picture

Can something be "epic" if it happens every single day?

Thu, 05/07/2015 - 13:00 | 6069593 KnuckleDragger-X
KnuckleDragger-X's picture

The battle of Stalingrad was "epic" and went on a long time. Of course it was mostly rubble by the time it ended.....

Thu, 05/07/2015 - 12:41 | 6069515 i_call_you_my_base
i_call_you_my_base's picture

If you invested based on what the fed says you'd be broke.

Thu, 05/07/2015 - 22:02 | 6071410 Sorry_about_Dresden
Sorry_about_Dresden's picture

If you invested based on (the opposite of) what the fed says you'd be broke.

Fixed it for you.

Point is you'd be broke either way!

That's how Satan roles........bitchz!
Thu, 05/07/2015 - 12:46 | 6069534 Kaiser Sousa
Kaiser Sousa's picture

complete fucking joke...

DEATH TO THE MONEYCHANGERS..........

Thu, 05/07/2015 - 12:53 | 6069560 thismarketisrigged
thismarketisrigged's picture

s&p futures were down 15 pts 6 am eastern this morning.

 

sure enough, fucking 2 hours later they were green.

 

nope, this shit is not fucking rigged in the slightest bit.

 

ill echo kaisers quote '' death to the fucking money changers''

Thu, 05/07/2015 - 13:08 | 6069622 ZoroAustrian
ZoroAustrian's picture

Today was another of the massive reversal rescues that the speculating community have come to expect.

With all US assets weakening at the same time (dollar, bonds, equities), crowded trades going wrong, unprecedented moves in government bonds and currencies, something had to give.  Somebody must have got the tap on the shoulder in the wee hours of the night - that's all they need. 

And another round for the kleptocrat oligarchs!  When will it end?

Thu, 05/07/2015 - 13:03 | 6069605 philosophers bone
philosophers bone's picture

Short Squeeze?  Did Bernanke grab his dick?

Thu, 05/07/2015 - 13:20 | 6069671 Texas Fold-em
Texas Fold-em's picture

"Price to equity ratios".... good one Philo.

To keep things simple, buy stocks in the countries activeky involved in QE, and buy stocks for a quick trade every time a "market breaks" headline appears.

Profits are in for the day, so time to go fishing.

Thu, 05/07/2015 - 13:47 | 6069760 khakuda
khakuda's picture

Watch what she does, not what she says.  Her comments that stocks are expensive are laughable in light of the fact that she keeps putting off raising rates and tells us that even when she does, they won't go up much and they will rise very slowly.  What a joke.  Like lamenting a burning house as you continue to pour gasoline on it.

 

Thu, 05/07/2015 - 13:58 | 6069794 Soul Glow
Soul Glow's picture

Yellen's words created a buying opertunity for JPM et al.  I wouldn't be surprised if she got a phone call from Lord Dimon telling her to say it.

Do NOT follow this link or you will be banned from the site!