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Dead Market Walking
Having tumbled 15pts on Grexit threats and then roared 40 pts on a Greek "deal", S&P 500 futures have traded in a 2pt range for the last 16 hours... dead market walking... or calm before the storm?
Charts: Bloomberg
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CAN'T FIND DIP TO BUY. PANIC.
Well just buy anyway. What could go wrong?
The machines have figured out the next bigger fool is themselves.
Think today is better spent taking all my previous BTFD profits and head to the PM Store. Then to the links. Stuff is getting really goofy out there, more so than usual.
Somebody gave the "sleep" command to the Borg...
And gold was up $ 0.20 this morning for a few minutes, someones head is gonna roll
Nothing but pure, unadulterated bullishness.
Maybe the algos got tired..
No, they are working flat out to keep that flat.
How many Kevin Henrys are buying S&P 500 futures?
China has lot to learn from the Fed
The algos are having a nap
MMMmmmm...."""""markets"""""
I love "price discovery" ...so efficient.
Somebody forgot to Reboot
So this is what a market made up of "humans" looks like....?
The end is nigh. (again)
And again and again and again, time for a dirt nap
it is a new technique, called "the longer dip"
to give everyone a chance to gather all resources and start a proper buy.
"give everyone a chance...."
Well, it's definitely not going to be THAT.
totally normal ''market''here.
whenever the s&p drops like 30 plus pts in a day ( very rare occasion of course) by the following morning all losses r recovered.
of course though when it gains 60 pts in 3 days, its as flat as a pancake.
im so fucking tired of the moneychangers, and this douchebag president.
yellen just hasn't placed her morning bids - SPX up another 30 today after yellen starts buying again - profits don't matter - print, pillage, control - that's what yellen does.
german and uk central banks continue to report overweight for failing companies and shrinking economies.
and chinese central banks will be IPO'ing 20 stocks this morning, but once you buy in, you can never sell.
yellen also hinted at acquiring JPM and GS this morning too - to formalize the already informal structure.
ONWARD!!
The market is flatlining. Obviously needs more stimulus in the form of free money (QE4).
Seems to be my thought as well. We have reached al time highs already...either flatline or inject moar debt to keep the ponzi going, which is why they will never raise rates and entertain qe4.
Need a pullback of 10% before that can be justified.
Calm before the nay vote from the Greek parliament tomorrow.
They will fall in line and vote yes.
Some how the Iran deal was good for oil prices???
TURN THOSE MACHINES BACK O-....oh...they're already on? Well, hmm.
perhaps the NYSE Skynet has just aquired self awareness, and is about to sell the markets to Zero?
Skynet: "Who needs nukes? Not me."
So...yeah.
I'm hoping for the best expecting the worst.
Sad day when the only thing you can hang your hat on is Federal Spending.
Rejoice, peasants!
This is what happens when a trading algo goes into an infinite loop, Ctrl+Alt+Del !!!
Just watch 2090.25 and
2101 in the ES futures...one of these two lines will break. ABOVE 2101, and we have a chance for higher highs; below 2090.25, just TESTED before the market opened, and we are going lower.
Central banks always want higher highs. They have unlimited funds.
It's been a rigged market for a while.
The algos are waiting for the critical 2094.3857494384720 level. After that, the next technical will be the 2094.3857494384728 level. Timing.
it's a tractor beam out of 33 Liberty
There has been no relation to reality for a while. What's the surprise?
Tyler don't you understand? Markets are waiting a signal for large scale rally. It's so simple. Buy in summer and cash for Christmas :-)
So stupid writings in ZH, always fear mongering and pessimistico
How long can this go on?