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Is Bad News, Bad Again? Europe And US Stocks Slump
It seems bad news is bad news after all...
US and European stocks are sliding...
Leaving all major US indices red for the week...
And European bond risk is surging (Portugal +25bps on the week, Spain +16bps)
Charts: Bloomberg
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$Trin at .8 - the PPT is at work establishing a floor. Get ready for the ramp.
Agreed! Like I said the other day - I will amend the below to 'stops/shorts' instead of just shorts.
Tue, 05/26/2015 - 11:34 | 6132563 r101958
"Naaaah! Their line in the sand is 18k, 2.1k and 5k. You watch, it will end around there or better by evening. They will take out the shorts and then have a melt up tomorrow....or even today....on no volume."
I sense a disturbance in the Farce......
Damn deflation. If only we had the Bernank back, he could fix everything. This new dude needs to stick to making cookies.
Agreed. If this starts to seriously slide off the edge of the table, I don't think Mr. Yellen's got the chops. Too weak, too tentative, still working off the playbook Ben left on the desk for her.
We need Ben back. I always felt like he had a firm hand on the tiller and wasn't afraid to tack into the uncharted waters of the liquidity deluge if the present course wasn't getting him where he wanted to go fast enough.
Somebody needs to tell old Yeller is that the only thing that matters is that the chart goes from the bottom left to upper right. Get that right and EVERYTHING is good.
Yes, Bernanke was second psychopath to no one - as of yet.
Although many formidable contenders are close to ripping the crown from the king.
He has his hand on something, though it was likely video porn of his speeches he's pleasuring himself with....
Just mentioned to my wife the other day that the "family size" bag of potato chips is looking more like how the "regular" size looked a few years ago. Of course, the "regular" is looking more like the "snack" size... Wonder if there is anything in the "snack" size bag? Maybe they need to introduce a new "Extended family" size of chips...?
it will close green
Unleash the ALGOS!
Looks like that did the trick!
Agreed.
And whats with all the 'good news is...bad news is good news'?
If its all rigged..then clearly the 'news' doesn't matter anyway?
So clearly..if 'they' control it, 'they' wont let it crash.
Ya cant have it both ways. .. can ya?..
Unless they're just fuckin with us of course. :)
My Crystal Ball's showing Death Darkness and Despair in 3D.
It's tme to make this happen https://www.youtube.com/watch?v=bnbogYyBiQc if were going to save the economy.
S&P/DAX Charts: If you overlaid these two charts one can see the S&P has followed the DAX lead since the 26th.
/mortimer
Deflation: 5 liter box Franzia refreshing white wine $9.89 .... Inflation: 2 pack Old Sprice deodorant $10.99 .... CVS Pharmacy in front of La Jolla VA hospital .... Moral: white wine makes a decent deodorant/after shave !
Random walk.
Good or bad doesn't matter.
listen carefully...
THERE WILL BE NO TRIPLE DIGIT LOSS ON THE DOW ON A FRIDAY WHICH DRIVES IT BELOW MAGIC 18,000!
now have a great weekend and remember to BUY SOME FUCKING SILVER.........
death to the moneychangers.