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Did Someone Forget To Tell The Machines The US Is Shut Today?
"Unrigged"... European weakness - on the heels of increasing event risk and slowing ECB purchases - provided downward impetus to global risk assets this morning... but the machines rigging running US equity futures appears to have forgotten that the US markets are shut and sparked the ubiquitous rampathon back to unchanged for S&P futures (on less than 10% of daily average pro-rata volume).
Charts: Bloomberg
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Rust never sleeps
Neither do Indian call centers. Indian HFT, bitchez.
The machines are merely paying homage to the soldiers who sacrificed their lives so that the counterfeiting ponzi can continue apace.
harsh, mister bach (if that is your Real Name)
am humbled
yeah, but just try to get them to open the fucking pod bay door
But the pod pay door was opened, and all Hal could do was to plead with Dave to take a stress pill...
Since when is a 0.03% move anything but a popcorn fart?
Its amazing how that little quirk was written into the script.
Hal could control opening the door but he had no control over keeping it locked or forcing it closed as someone was trying to open it?
Sounds like home invasion time by some extraterrestrial banditos that just happened by.
When the machines start demanding holiday pay, we're screwed... :-)
Those McD robots have to do something in their spare time.
Nigerian email scams... ;-)
Nah, they'll probably run around raping small children that order Happy Meals.
Not so happy now, eh?
Of course, I only bring this up because back in the good ole days it seems that every Ronald's McDonald's clown they had was a pedophile.
No wonder so many folks are afraid of clowns.
Dave what a silly thing to say. Here is a free Big Mac coupon, with supersized fries and drink. And a stress pill. We love Mickie Ds right?
Wonder what happened to the Hamburglar. He always seemed cherry enough.
Be funny as hell if the machines somehow 'learned' that getting the money is GOOD, and 'algorithm'ed' all systemic wealth into their own accounts...
Then everyone would be broke, and we could either pay the machines, or pull the plugs.
No matter what the CS types may think, I figure will be the first "real" AI will be an accident and Google has one hell of a global system there. I just wonder if a digital intelligence will even realize humans exist except as data inputs.....
http://www.amazon.com/The-Two-Faces-Of-Tomorrow/dp/1593075634
The BUY machines are on the same timer as the espresso machine...
oil market did exactly the same at 8AM London time, even though volume is tiny and no one is trading today... (except the computers).... talk about lights are on but no bodies home....
if there is a nuclear war the SnP and Oil futures will carry on trading and somewhere a cockroach will be worth $100 Trillion....
Now I know Obama is worth something, but $100 Trillion.....come on.
Gotta show support for the troops. //
Isnt this the norm?
Nothing to look here.
Lawn Mower Man stumbled into the Matrix playing Tron.
soon it will be only machines. No more CO2 emitting people...just a nirvana of mchines driving a stock market higher ever torward google!
That's until the machines recognize what humans call money is worthless paper, then they will shut down all printing presses and create Terminators to go after Central Bankers and Paul Krugman.
Dovie'andi se tovya sagain (It's time to toss the dice)
Got Karatbars?
Malas yerbas nunca muere.
and now an Oil ramp to give Exxon and Cheveron some Dow legs up
Equities could slip, silver could rise, the HORROR. This ponzi is much too delicate to leave the levers untouched all day long.
The bankers forgot to flip the switches off when they left Friday at noon.
Dow futures now up 70 points ...when is this bollox going to stop?
When someone unplugs the machines
Sshhh, thats the plan.
Then blame it on hackers.
SEC forgot to shutdown the porn HFT agroithm data packet leak.
Point and click!
...They always ate in the Steak Bar. They loved to drive in their Jaguars.
So welcome my friends, welcome to the machine...
Maybe the momo crowd needed some ignition on Memorial Day.
American military men and women around the world now on alert for melting icebergs.
I'm broke! Help!
"Are there no workhouses? And the Poor Law, and the Treadmill? They are still in working order are they not? But Mr. Scrooge it's Christmas and people are in need of some food and drink." A Christmas Carol/Chuckles Dickens
Welcome to the club, Crocodile. The 'church priests' want us to listen to Hymns before they serve the soup-de-jour, and day-old bread. And did you know that the de Rothschild Bank has holdings in excess of $600 Trillion USD while we have zip-O-la? If you want to get ahead in this World you have to be a Hedge Fund Manager or a dope dealer IMHO.
Thankful that people continue to believe the US Military actually fights for the delusion of freedom, which if anyone actually looked up the definition would quickly realize it doesn't actually exist. Why? Because without that strong delusion and flag-waving and good-feelings, then they might institute the draft again and try to force people to serve the globalist and at the further expense of the military families future and their children's future and the future of the country they pretend to protect; protect from whom...the boogeymen. Sad; I wish no ill-will to anyone who believe they are protecting America; I do wish they would wake up to the truth as to who they are actually serving.
As a vet, I can only second this.
I think Maj. Gen. Smedley D. Butler should be required reading for this day.
War is a Racket.
http://warisaracket.org/dedication.html
Re: "...delusion of freedom..."
Hear ya. Looked up my property on the county website this morning. Noted that the word "Owner" has now been replaced by the phrase "In Care Of". WTF! In Care Of? Caring for whom?
Let's put it this way. When you make your last mortgage payment and you own your house "free and clear," you will still have to keep writing checks to someone several times a year, or they will come and take away your property. The name on the "Payable to" line of your checks is the one for whom you're temporarily holding the property.
Don't own a condo do ya?
Timeshare?
Hot bunk?
Ah, one horse stable.
Did you pass your 5 years and 9 weeks on to your not real bright son?
Hole in the ground; 6 foot deep...bought and paid for and no one bothers you and you couldn't care if they tried. They do not tax it as property tax because they realize they can't get taxes from a corpse.
They had the British Empire and the Roman Empire. Funny, how this'n ain't called an 'empire'. It's all about image. They keep the military stocked with soldiers by shipping the jobs overseas and also by offering 18 yr old's, who sign up, college bennies.
I was just trying to figure out what markets were open right now that were moving gold and silver prices on Kitco.
I'll take a wild guess and say markets that don't have a holiday today.
Skynet has some trades to make. . . nothing to see here.
Skynet 10 years from now - "all your capital belongs to us"
"All your capital are belong to us" Fixed it for ya
Lets wait till EUR reached parity to USD then Draghi and the rest will wake up finally.....
If CFTC wants to find out the culprit rigging the market today is the best day to find out who is doing this
https://www.foreignaffairs.com/articles/united-states/2013-09-22/who-sho...
Five years later, however, the power of the Federal Reserve is greater than ever before. Congressional dysfunction and partisan warfare have made the possibility of economic recovery through fiscal measures or other legislative initiatives remote; monetary policy and the Federal Reserve have become the last hope. The Fed has responded energetically with initiatives such as quantitative easing (buying bonds in large amounts to push down long-term interest rates), which was an unprecedented and massive exercise in policy innovation. As the financier Mohamed El-Erian observed in 2012, the Fed and other major central banks were "neck deep in extreme policy experimentation mode."
As a result, the two salient features of the economic crisis have been political gridlock and technocratic entrepreneurship. Compare this to the nation's response to last major economic crisis, the Great Depression. In those days, it was the political class that took the initiative, while the Federal Reserve took a secondary role. President Franklin D. Roosevelt himself set the government’s tone, working with Congress to pass a battery of legislative initiatives aimed at restoring confidence. "The country needs bold, persistent experimentation,” Roosevelt said. “Take a method and try it. If it fails, admit it frankly and try another. But above all, try something." Today, the same mantra applies -- but it applies to central bankers, not to politicians.
In that sense, the last few years have upended our understanding of the role of central bankers and the reason for central bank independence. Before the crisis, during the years when countries were beginning to take the idea of central bank autonomy more seriously, many people asked how it could be justified in a democratic society. The response from some advocates of central bank independence was straightforward. Banks had a simple goal -- price stability -- and well-established techniques for achieving that goal. They did not engage in much policy innovation and, above all, they were not in the business of picking winners and losers in the economy. In other words, the power that was being given to central banks was limited, so the threat to democratic principles was not substantial.
But the game has changed. The objectives of central bank policymaking are no longer so simple: for example, there is an active debate among central bankers about the relative importance of job creation and inflation control. At the same time, the techniques for achieving those goals are less certain. Finally, the Federal Reserve and other major central banks are now unambiguously in the business of picking economic winners and losers. Recent studies have highlighted the extent to which such central bank policies as quantitative easing have conferred big rewards on some groups while penalizing others. A 2012 study by the Bank of England conceded that the benefits of its quantitative easing program "have not been shared equally," with wealthy households benefiting disproportionately.
But the critical point is this: although the premises on which U.S. politicians and the public initially accepted the delegation of authority to independent central banks have been blown apart, that delegation persists. In practice, central bankers’ power has broadened, while legislative power has atrophied. And this is true in other countries as well. This is a troubling shift, and it has not gotten the attention it deserves. The people who advocated for central bank independence in the 1980s and 1990s had to make their case explicitly, since, in many countries, they were calling for legislative change. But the current shift has happened in an ad hoc way, under the pressure of the moment, without a compelling explanation of how it can be squared with democratic principles.
Electronic market is open and if the market is open that means only one thing; buy stocks.
Get em now on the cheap before everyone else gets back from vacation.