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Dow, S&P Give Up Last-Minute-Greek-Deal Dead-Cat-Bounce Gains

Tyler Durden's picture




 

Shocked...

 

 

Charts: Bloomberg

 

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Tue, 06/30/2015 - 12:36 | 6254464 HonkyShogun
HonkyShogun's picture

I'm sure "someone" will buy in the last hour and it'll close ~30 points up.

Tue, 06/30/2015 - 12:40 | 6254485 semperfidelis
semperfidelis's picture

So under this deal the money comes from Spain, Italy and Ireland righttt?? The ESM is a fund with contribution from all Eurozone members...

 

Tue, 06/30/2015 - 12:42 | 6254498 Government need...
Government needs you to pay taxes's picture

Behold the power of the Fed's printing press, on full display today with the US equity market's resurrection.

Tue, 06/30/2015 - 12:49 | 6254536 KnuckleDragger-X
KnuckleDragger-X's picture

They don't need the FED for this, Draghi has his own magic money button and its backed by more of that wonderful "full faith and credit".....

Tue, 06/30/2015 - 12:52 | 6254548 El Oregonian
El Oregonian's picture

The trap door has been sprung...

Tue, 06/30/2015 - 12:54 | 6254561 PartysOver
PartysOver's picture

Not enough panick in the streets yet.  The DIP will continue.   Once the retail peeps toss in the towel then the TPTB will unleash a buying frenzy.  Then the retail peeps will have to chase, add fuel to the bull for new all time highs.  Wash, Rense, Repeat.

Tue, 06/30/2015 - 12:42 | 6254493 TeamDepends
TeamDepends's picture

Is it wrong to be revelling in this, to wish the stock "markets" ill?

Tue, 06/30/2015 - 12:49 | 6254535 Headbanger
Headbanger's picture

It's a mortal sin TD..

Repent! Repent!

Tue, 06/30/2015 - 12:57 | 6254577 TeamDepends
TeamDepends's picture

(grabs the Virtual Flogulator): Thank you sir, may I have another?!?

Tue, 06/30/2015 - 13:26 | 6254723 trulz4lulz
trulz4lulz's picture

Sell the fucking leap second. Buy the fucking dip.

Tue, 06/30/2015 - 13:21 | 6254671 razorthin
razorthin's picture

No.  Market ill would truly be God's work.  Remember, <Chair>Satan left his mark when he "saved" the day in 2009.

Tue, 06/30/2015 - 12:38 | 6254474 FreeShitter
FreeShitter's picture

Paulson.....Where the hell is paulson?

Tue, 06/30/2015 - 12:43 | 6254502 Looney
Looney's picture

I am shopping for a room at the Manhattan Psychiatric Center, along with Tim and Ben.

Love,

Hank

Tue, 06/30/2015 - 12:40 | 6254482 ted41776
ted41776's picture

seriously, you're not fucking listening

https://www.youtube.com/watch?v=0akBdQa55b4

Tue, 06/30/2015 - 12:40 | 6254484 youngman
youngman's picture

What is the IMF stock doing today.....it has to be down..they are going to take a loss today...do you think Lagarde will get a bonus this year....

Tue, 06/30/2015 - 12:41 | 6254487 pachanguero
pachanguero's picture

Paulson? Calling the tribe now.....

Tue, 06/30/2015 - 12:42 | 6254491 Soul Glow
Soul Glow's picture

Yellen tell everyone you'll never raise rates.  That'll get stocks higher!

Tue, 06/30/2015 - 12:42 | 6254492 Ness.
Ness.'s picture

And we're green.

 

thanks for playin'

Tue, 06/30/2015 - 13:00 | 6254592 adr
adr's picture

and how much money did the global PPT just flush down the toilet that will be made up with 20% inflation over the next three months.

Tue, 06/30/2015 - 12:42 | 6254497 trulz4lulz
trulz4lulz's picture

It looks much better if you turn it on its side.

Tue, 06/30/2015 - 12:43 | 6254503 youngman
youngman's picture

and gold goes back down

 

Tue, 06/30/2015 - 12:59 | 6254583 adr
adr's picture

and here I thought that stocks traded based on the individual performance of corporations buying and selling products to consumers.

SO Greece is to Nike as debt default is to shoes?

I don't really get the correlation there.

Tue, 06/30/2015 - 13:13 | 6254663 q99x2
q99x2's picture

I've been waiting for the markets to fall since I first got stuck shorting them in 2009. Crash already damn it.

Tue, 06/30/2015 - 13:24 | 6254714 Callz d Ballz
Callz d Ballz's picture

Did I miss an all-in buy signal from Gartman last Friday?

Tue, 06/30/2015 - 13:39 | 6254791 Dr. Engali
Dr. Engali's picture

So are we to believe that "markets" are unrigged on the downside?

Tue, 06/30/2015 - 13:53 | 6254854 razorthin
razorthin's picture

You are joking, right?  Ummm PM?  Miners?

Tue, 06/30/2015 - 13:56 | 6254870 Guentzburgh
Guentzburgh's picture

You can always count on a German govt thick scull (world renown) , take it to the bank.

Merkel's nein..nein.. nein.. heil Mark !  makes no difference it is too late now for the Germam empire

Switzerlands Central Bank supports the Euro.....  WOW lake Geneva is going to become private property  .  :) :)

 

German beer is the best , and the free money .

Tue, 06/30/2015 - 14:25 | 6254990 jubber
jubber's picture

well yet another fucking US futures rally no end to this shit

Tue, 06/30/2015 - 16:03 | 6255356 polo007
polo007's picture

http://www.timesofmalta.com/articles/view/20150630/local/greece-says-it-...

Greece says it is willing to suspend referendum - PM

Opposition behind government 100% - Opposition leader

Greece has told negotiators in the EU it would be willing to suspend the referendum if negotiations were reopened and there was an offer and agreement on required prior actions, Prime Minister Joseph Muscat said this evening.

In a statement to Parliament this evening, Dr Muscat said this could be a breakthrough, a game by Greece to gain more time or political posturing.

He said it was too early for the Maltese government to pronounce itself on the matter as events were still developing.

Opposition leader Simon Busuttil said the Opposition was fully behind the government, the European Council and the Finance Minister's Council in their declarations and decisions of the past two days.

"There is no difference between the government and the Opposition.... There is just one voice - the Maltese voice," Dr Busuttil said.

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