This page has been archived and commenting is disabled.
Does This Chart Look Bullish To You?
As Nasdaq soars to record-er highs and CNBC just can't hold themselves back when Google adds as much in one day as the market cap of 415 S&P 500 companies, we have one question... should breadth look like this when the index is hitting new highs?
The troops aren't following the generals...Now whwre have we seen this before?
h/t @HumbleStudent
Charts: Bloomberg
»
- 68263 reads
- Printer-friendly version
- Send to friend
- advertisements -
What do you expect?
There are only so many "traders" at 33 Liberty.
It's all about perception and not reality.
What is up CD? Butcher any chickens, yet?
What chart?
All I see is popup ads.
Hey y'all, how to I block all the ads here?
Install AdBlock Plus.
Stop calling it a "market". Stop thinking of it as a "market". It is behaving exactly like a manipulated policy tool should act. We're fucked -- They win -- There is no going back. Get over it an move on. Fight them if you want, but you will lose.
Guaranteed it's going down...
(Because they are going to pull every dime out!)
http://galeinnes.blogspot.com/2015/07/social-herds-economic-turds.html
7 years closing in on 8 years, bitchez....history sure do rhyme, don't it?
And then the Shemitah hits the fan.
But it's different this time......
/sarc off
It all looks bullish to me. Greece is back in the stable. And the bankers are in charge. I predict the DOW soars to 30,000. Keep buying that gold. Suckers.
Poverty sucks.
What poverty?
All I see is rising indexes.
Hey y'all, how to I block all the negative comments here?
SUPER SHEMITAH: The Day Of Reckoning Comes To America
Now as for that it is truly awesome.
That chart looks awesome.
Haven't you heard?
Everything is awesome.
His awesomeness said so.
It...it...it just cannot be more awesome. I am just overfilled with awesomeness.
fight til we die. If that aint enough, at least we tried. Stop spouting defeatist, pu$$y talk
This chart is back in 2007/2008 when there were economic principles in the market. Now? B-rock is correct. There is no 'market' There is a list of stocks that are manipulated in price by the Federal Reserve either using S&P futures at the close of our day or the use of outright purchases through Goverment Stocks (GS) in China so as to not roil the Asia pool of shares or the European pool of share prices making mom & pop want to pick up the phone and call their broker to sell whateve small retail positions they might have in a company's stock share price pool which is moment to moment bouyed by intervention.
Where I wish the 'market' would mimic 2007/2008 so there would be a correction and snap the fools out of complaciency, there is too much ability for central bankers to keep printing money to keep the share price bouyed and afloat at what is now known as 'normal' (ie 17,,000 - 18,000 on the Dow)
The kind of intervention which causes crisis's and chaos's, trauma and drauma and goodies such as cancer and blindness __, that kind of intervention??
> Stop calling it a "market".
The "market" is a derivation from Mark, same way as a "coin" is a derivation of Cohen/Kogan etc., you get the point.
http://biblehub.com/kj2000/deuteronomy/15.htm
"6For the LORD your God blesses you, as he promised you: and you shall lend unto many nations, but you shall not borrow; and you shall reign over many nations, but they shall not reign over you." (house prices go up linearly, but mortgage payments are exponential)
The "efficient market theory", an invention of Chicago University, is based on the assumptions that 1) markets are efficient (meaning the prices are immediately available to all market participants), and 2) people are rational, which is a total BS.
So called "economics" (Cohen-omics) is a BS too, since it's based on same very assumption that people are rational (but even those of us who don't watch ZOG TV, or consume alcohol and other drugs or off their periods, when in a crowd, behave like kettle).
The world around us is one big prison for humans, and chosenites are just a tool for the Grays. But "rational" sheeple, after having some beer on the weekend, will go back to the office stables and will clap their hands during the morning meeting on Monday and "life" will go on.
It's whatever the Fed's Obvious Manipulation Committee (FOMC) decides on.
Correct - and use Chrome or Firefox.
I won't install Chrome. Google monitors and records my activity enough, via my phone, as it is. I use Firefox but don't know if Firefox is any better.
Google Chrome is spyware writ large and Firefox has been a piece of shit ever since they started incrementing the version number almost daily.
Use Palemoon. It's all the goodness that Firefox used to be and more.
Hmmm... Never heard of Palemoon. I'll have to look into it. Thanks.
Modifying your hosts file is another way to remove ads and other nonsense. Works well on the mobile device too. Plenty of blocks lists out there. Can be done on your router, or per device. This site is horrid on mobile.
best I've found is using Firefox (Mozilla) with AdBlockPlus and also install a deal called Ghostery.
Ghostery can be used to block every single tracking device, widget, advertising tracker, social tracker and analytics tracker. It's an add-on you can get for any browser and it smokes all known cookies too. Then you can tweak it to allow certain things if you want for certain websites.
Ghostery will do it all just make sure ghostrank is turned off.
Scooby smells a rhetorical question.
Instead of answering why not just say howdy?
On android ghostery has a full browser to replace chrome and strip all. Adblock supposedly has same in august.
Russian IP , you won't see shit.
No chickens. But Mrs. Cog witnessed Wrestlemania XXXV yesterday between a rabbit and a black snake. I think the rabbit won, though Mrs. Cog isn't exactly sure.
<To be honest Mrs. Cog didn't know if it was a rumble in the jungle or inter-species sex. But the rabbit was definitely the aggressor as they tumbled down the hill in our back yard.>
For that reason, I built our bunny hutches to be snake-proof.
There's a metaphor for government activities in Washington in there somewhere, CD, but I'm not going to chase it.
Hello Amish.
I think the metahor is more of a physco-sexual nature knowing this guy.
Mrs Cog is when the evening gown comes out and the hair swept to the side, Hollywood Glam.
Rhoo rhoo rhoo!
The chrome plated dog turd sure does look shiny sitting there and that's all that counts......
It looks like the silver and gold charts!
Gauge is stuck. Give it a sharp tap--
Google depends on a network that is largely secured by manhole covers. Authorities are 'investigating' some cable cuts in California. In other words, they have no clue and have no way to secure the internet infrastructure.
Everyone is worried about Q.E. and non-existant Iranian nukes, when a couple of guys in a pickup truck with a six-pack and wire cutters can bring entire sections of the U.S. to it's knees. Imagine the U.S. without a functioning internet and degraded phone service for a week or two. Now imagine that for a month or two - what are Apple and Google worth then?
Manhole covers can be useful to up-armor a foxhole.
...a foxhole without WiFi!
You would lose most of your troops to Starbucks.
I imagine much worse for much less work than breaking the internet or phone system. Being a Civil Engineer I get to hear some stories from old classmates. Survey guys also joke about the problem. And I will keep saying it over and over, either the bad guys are dumb as dirt, or they don't actually want to harm the US. Not saying what this is, as no one needs to get any bright ideas.
And I will keep saying it over and over, either the bad guys are dumb as dirt, or they don't actually want to harm the US. Not saying what this is, as no one needs to get any bright ideas.
Well there is another alternative...There are no "bad guys" at all other than your own Government.
And if you can just launch those helium filled Mylar Balloons direcly underneath those High Voltage lines you will get a spectacular light show along with a consequential blackout.
No...Anyone can think of fun, nasty things to do.
The truth is that there are better things to do.
Now where did I put my Thermite? Did I leave it in the Clay Pot on top of the Bank's Gas Meter with the Magnesium Strip and that slow drip of Glycerin over some of that Potassium Permanganate which surrounds that Magnesium?
Oh...Silly me.
And...FUCK YOU NSA.
CD: "It's all about perception and not reality."
If reality does not converge with perceptions, then clearly there must be something wrong with reality.
perception IS reality
Yes. But I think you have to make a caveat here; perception of the human world is your reality. Humans make a lot of silly shit up as they go. Just pull it right out of the air (or just as often, right out of the stream of corporate media propaganda as it flows by). And because you don't have any active B.S. meter running most of you most of the time just roll with it.
There is a real world beyond all this, where real things live and die and struggle to reproduce between times. The real world looks at the goings-on in the human world and does not get any of it. You are just a bunch of random lunatics for all we know and you end up looking kinda weird to the rest of us living on the planet. You really do.
There are three different types of reality,
What others perceive as real...which is a distortion.
What you perceive as real...which is also a distortion...
and then what I perceive as real...which is the undisputed truth.
No Tom...no. Bad Tom. Okay...okay...But I had to. It was just too easy.
But, seriously, there exists the TRUTH and that is which is real and is not distorted whatsoever.
I think I agree that there is an objective truth (i.e. what is), the question is, given the distorted lens created by our own interests (and by others interests), can we ever know it? I think the answer is yes, but even if we can know it, if everyone else continues with their distorted view of reality, what use is our knowledge of the truth? It's like the mystic who can see the actual truth, but noone else can. They are considered a lunatic.
Perfect real life examples are today's stock markets or 9/11. Try to even have a reasonable conversation about the "truth" and 95% of the people think you're a fucking whacko or they "indulge" you for a half hour conversation while your having a beer, but when it's over, they go back to "reality" and you're stuck in whacko land.
It is a Cassandra Complex.
But if you are principled and have a strong foundation then it really does not matter if OTHERS have that distorted view about you or about the World.
I can guarantee you that it will end up costing you not to buy into the group think, especially in organizations. You will not be given promotions..you may be fired...you may be ostracized..
But in the end to thine own self be true.
Will you sell a counterfeit of yourself, knowingly, in order to achieve a short term gain? That is just a form of pornngraphy, as you are selling an image over that of substance.
Personally I will not choose to prostitute and sell myself out. But I have long term goals in mind as well.
And in the end they will know. Temporarily I have been humiliated and treated as a nut..the Crazy Uncle.. But they will end up respecting me as I have been consistent, have stuck to my guns, and, either being proven right, or, even being proven wrong (I am human and prone to mistakes), they will know that I have a core foundation of the principles of integrity and honesty.
Principles before profits. If more people will adopt this attitude then we'd not be facing the horrific collapse that will befall us due to the endemic fraud and dishonesty. Perhaps we can return to that if we survive this folly.
perception IS reality
Perception is NOT reality
JUST YOUR VERSION OF IT.
Yes...we might see things differently from one another...the bird is still a bird.
So what to make of "reality" then?
Certainly there are many OPINIONS...but "reality remains so."
So indeed...the move in Goigle shares today was simply UNREAL...but if you sold into that move today you would have REALIZED a SHIT TON OF MONEY.
Sorry but I have no sympathy for the folks who were short who got Volkswagoned and were forced to buy "their perception of reality" WITH REAL MONEY.
BECAUSE AS WE ALL KNOW HERE MONEY IS WORTHLESS.
But the word is that a bird is a still a bird.
There are only so many "traders" at 33 Liberty.
No hedgeless_horseman...
There are only so many "traitors" at 33 Liberty.
FIFY.
BTFBB, bitchez.
(BuyTheFuckinBadBreadth)
Grey Pupon with your divergence sir?
Only if you pull up next to me in a Bentley...
chasing Alpha, then he bites you
Global margin call. Cabal all hands on deck pimping what is most critical to keep up appearances (crude they are very desperate to prop).
Gold weekly close relative to 1131 I mentioned. . . . Nope - no significance there move along!
Yup 3 months and 6 months, next 9 months? It can stay up there longer than your shorts capital alive.
Shorting stocks is racist.
you will also be branded an enemy of the state
YES! (sorry i only watch AAPL & GOOG, nothing else matters)
You bailed on NFLX? Are you mad, sir???
I shall alert the authorities.
Looks bullish to me. How long does everyone on this site want to try and find the tops? You BTFD until you can't. One day when it does go to shit, Nobody will get paid for their shorts. They will not exist. Poof it is gone overnight.
Get paid in funny money and convert it to real assets.
Like moar stock?
You buy whatever the elite are buying. It is not a secret what they are doing. This site constantly preaches the gold/silver game but it goes way further than that. The elite are diverse. Be diverse. Own real assets along with cash and some BTFD bullshit. Get paid. I want to see everyone on this site do well in life. DO NOT stick to one ideology and stay poor.
Amen. Don't fight the US Fed. They have the best PPT team on the planet.
These technical indicators like breadth don't matter anymore. Go with the guys that can legally create Trillions with the touch of a button. I'm trying to make $$$, and not become a muppet steamrolled by Central Bankers.
I admire and agree with the thesis of ZH that Central Bankers are out of control, have way too much power and see the bona fide evidence that they manipulate all major markets. I'm cheering ZH in their quest. But in my trading account, I'm riding herd with the guys that have a monopoly of being above the law and have the financial power of Thor + Zeus x 1000.
To all you guys that are so sure the Feds have got your back, I'd suggest looking up
when the PPT was formed.
We have had a lot of crashes despite the PPT, and we will again.
The smart money has left,which is why there is no breadth.
I could tell you what comes next, but I won't spoil the ending for you.
Oh I know a crash is coming too. We all do. But in the meantime get fucking paid. They can kick this can way further along the path than we think. I am a believer in the Shemitah. I think the bad stuff is going to happen in September. Thats my beliefs. Thats when I will sit on the sidelines and that's the time frame you hear about of Yellen and Co raising rates. The shit coincides with a lot of cycles including prophecy. So yeah I am sure I come off as a complete weird-o but oh well. Just get your family secured and hope for the best.
Some of the smart ones are riding the same wave including Tyler.
Meh. The Fed matters but not nearly to the extent to which you can create a "storyline." (BAKKEN SHALE!)
Once everbody is on board you just "blow the Wall Street horn" and the money flows in by the TRILLIONS.
The Fed only matters to the extent to which they simply do nothing...and indeed "nothing has been done." So indeed true fortunes have been made even with ZERO for a recovery.
As the Wall Street Banks scramble back from the abyss however I think going forward they're going to start having questions about the idea of Too Big to Fail itself...."reputational risk" as it is known.
So sure...many Billionaires have bein created with this extraordinary boom...but still the "no recovery meme" remains.
The Bank as an institution will not like this and I think will act accordingly.
stock prices have nothing to do with reality anymore. simple equation is that stock prices are a function of interest rates. interest rates are SUPPOSED TO BE a function of inflation & growth. inflation has been BEYOND understated (lied) about for over a decade. its the reason gold went from $400 to $1800 back to $1150. any way u slice-it, according to gold, we're still at about 250% increase in prices in "the real world" the last 10-15 years. keeping rates at 0 for 7 years is beyond not normal and the most intelligent thing ive heard on CNBC the last few days is the fear the fed has that once they start raising, they may have to tighten quicker than they want. only alternative is not to raise or go negative to keep stock prices up. raising rates would give people an alternative to stocks. do that and stocks have 1 place to go since they've forced everyone into them with 7 years of ZIRP. so go ahead and try and raise rates mrs. yellen. i can't wait to see what happens.
Schiff got slammed on cnbc for saying what you said.yesterday I think...
scott nations is just like any other fed, free-$ crackhead. these guys can't survive on the long-side without the fed at their back. they have NO REMORSE for "the little guy" whose gotten COMPLETELY FUCKED the last 10-15 years. INFLATION which has EATEN the middleclass in the form of pain at the pump, gas station, rents, taxes, healthcare, etc. - they say theres no inflation anywhere, i say theres inflation everywhere BUT where the fed wants it - wages for middleclass. fed will NEVER control that as evidenced by the fact they never have. they can manipulate asset prices and thats it.
oh, and i seem to remember peter schiff getting tarred & feathered by any & every one CNBC would march on to throw pies at him back when it cool to buy houses like now its cool to buy ETFs.
Scott "Nations"....I wonder what his real name is?
This guy should be a barker in a carnival.
Anyone that invests in the stock market is a sucker and deserves to lose every dime. For those of you that have 401K's you should get your portfolio in cash. No "REAL" market goes up like this on record low volume.
"..What goes up must come down
Spinnin' wheel, got to go round
Talkin' 'bout your troubles, it's a cryin' sin
Ride a painted pony, let the spinnin' wheel spin
"
-BST
Zirp here to stay. Maybe a bit of Nirp too.
Unless something goes wrong. Can't see what could... Lol
bail ins, sodomy and the lash....
It is negative already for most of us, although most do not notice. My chase account, 25 a month charge if I am under 30,000 dolars. However, even if I had 20,000, do the math. Nirp is already here, if however 'modest'
"The troops aren't following the generals..."
Now that is funny. This is not the army Mr. Jones... and those who are manipulating the market are not generals ... maybe not even the same species.
What's to worry about?
http://finviz.com/futures_charts.ashx?t=NQ&p=h1
Being in the stock market now is like trying to pick up a semi runny turd by the slippery tapered end and hoping to not get your fingers soiled.
2008 and onward has been bad, but when this train wreck starts it's going to be like nothing anyone has ever seen before. The housing collapse in 2008 was, what, 5% of the economy? Anyone? Now we are looking at bubbles constituting many times that 5%. It's coming back to Earth eventually. The crater will be impressive.
Long highway underpasses, tent fabric manufacturers and storm sewers.
Great post! It's time for the populace to pause "America's got talent" and re-read the "Grapes of Wrath". Nothing brings clarity like rolling around the country with the little possessions that matter while praying the salted pork will get you to the next meal you can find!
when they re-possess my F150 I will get concerned... wait someones ringing my doorbell,
Darwinism at its finest...
State-assisted darwinism, I think you meant to say, at its finest...
Google's main characteristic these days is not its massive size. It is its close partnership with another giant entity: The U.S. government.
In a government-controlled by the banking cartel, Google has become its surveillance, propaganda, and censorship arm.
Google is many things; but its most significant characteristic is its management and censorship of the Internet by the ranking of its search results..
http://www.globalresearch.ca/google-moving-to-shut-down-alternative-media-by-ranking-sites-on-facts-rather-than-popularity
at least unlike most other major social media and news media and entertainment media, there are very few Jews at the top of the org., roughly corresponding with their % of the general population.
this is the class warfare among the corporations too. remember, corporations are humans. Lets run the mathematical induction here .. the if the 85 companies .. which will eventually turn into 5-20 comanies turn out to be the winners in this mad race then what will be the need for the rest? Once a bank professional told me that if banks had their way they would even sell groceries ... wait till that law is passed.
i dont understand the chart so it must be bullish, right?
Face it. This country has been taken from us. We are further emaciated at every turn. All policy is designed to benefit the so-called 1% of the population that has all the cash. Period. Money doesn't trickle down as the Idiot Son told us it GUSHES upward.
When it gets so bad that we can't afford to buy their crap then just move on and loot another country.
Why do we sit around for this? Whole generations now have never seen an affordable house or a single income household that does just fine. We can't even save money any more. We are forced to gamble in a rigged stock market via 401Ks etc. Nixon had to resign because of few warantless wire taps and now the government taps EVERYONE'S phone with no warrants. Medical monopolies threaten to bankrupt the whole county. Why is it that in Japan with the same training for doctors, the same state of the art hospitals and the same technology it cost 80% less to go to the doctor than it does in the good old U.S. of A??????? The law does not apply to you if you have enough cash or are a big enough corporation. Banks get caught red handed laundering money for Mexican drug cartels and get a monetary fine that is barely a slap on the wrist. No indictments. No claw backs. No revocation of the bank's charter. NOTHING. Meanwhile Julio down the street gets 10 years in the big house for smoking a joint on his porch harming noone. I could go on for weeks about all of this. Everthing in this country is corrupt. Third world countries get a bad rap for being corrupt, but the scale of the graft here makes them look like amateurs. What about the great gleaming shit ball that is civil forfeiture? Here they asset strip you with laws with innocent-sounding names and they ass rape you with a smile on their face. etc etc. etc. etc. etc. etc. etc. etc. etc .etc.
We are pinned to the wall and we don't even fight back. At what point do we make this motherfucker of a system our own again?
Scooby gets residuals from the series, plus a backend cut from merchandising.
Arhoo, rhoo, rhoo! Scooby's doing good.
Nixon had to resign because he implicated knowledge of JFKs assassination in his stupid tapes and at some point it became obvious the media was going to latch on to that. Also when he paid off Hunt and they found out about that, then it was twice as bad.
Just sayin.
Interesting GOOG's 11% ramp comes on an option expiration. If, just by some chance, someone from the PPT or Obomba admin knew ahead of time they cudda bought some GOOG calls.
650.00 GOOG150717C00650000 20.50 18.30 20.50 20.00 4,000.00% 2144 139 0.00% 655.00 GOOG150717C00655000 15.00 13.00 16.10 14.65 4,185.71% 1596Well there are option expirations every week...so you could say the same thing whether it went up or down, and no matter how much. Yes insider trading happens. Yes, options are great tools for insider trades. They are great for money laundering too on low volume junk stocks. Need to pay someone? Have them offer An option that isn't listed for a stupid high price....then you just buy it. They get paid, and the transaction looks legit. You might even get to only pay 15% tax on the income if you plan it right. Some would say it is like the business of art dealers.
Crash, burn, die already!
That chart looks like the rest of the fucking carnival charts. Totally divergent from reality.
I can understand the yen carry trade meme. Albeit it's going to unwind soon.
You have the nominal gains in the Japanese equity markets from the stronger $usd/yen trade. You still have to hedge the trade buy going long (usd/jpy) in the F/X markets to offset the currency depreciation, of borrowing $usd as it strengthens vs yen.
I understand the front~running ECB bond trade. Buying euros to invest in European bonds. Once again, you have to hedge the trade, on the f/x side to avoid losses on the depreciation of the euro vs $usd.
For the fucking "life of me", I don't understand how the markets can be so long and so short equities and bonds at the same time. Anyone with 2 brain cells knows that something is going to snap. My guess is that it's going to be the bond market finally gets fed up with all the leverage and unpayable derivatives, and does a berserker on corporate borrowers.
BLAME IT ON A CAPS YOU URBAN SOPHITICATE!
SPARE. US YOUR HOITY TOITY MATH AND NUMBER SHIT WHILE YOUR SHORT POSITIONS ARE BLOWN TO KINGDOM COME!
(yes it is very fun just to write these things...even for posterity's sake...
lol, Disabledmind...
Mmmm. "Disabled mind" indeed.
Now perhaps you can share with the audience here how you were long Tesla, Amazon, Netflix, Facebook and of course Google and are now RICH beyond all imagination...
Just because I understand the Equity and Bond markets, doesn't mean I have an open interest in the casino.
If you pay close attention, I've been adament, with respect to hedging your bets.
Everyone realizes that the markets are stretched to extremes. I'm personally doing the "inverse bond" trade, while it's still cheap.;-)
He's tellin ya that he don't mind BEING the meal next time.
I really can't wait for this mother to blow the fuck up!
Tyler - you don't seem to 'get it" - as long as they are permitted to "intervene" and forfeit "Rule of Law" in favour of criminality, your loyal followers are going to carry the cross into a battle against ridiculous odds - something General Patton would have run from. The global markets are now completely compromised so the entire concept of "deteriorating breadth" as a precursor to a market crash is no more relevant than your constant references to Hindenburgh Omens.
This is a totally fucking rigged casino...period end.
Pearly - You are correct, hwoever that doesn;t mean that the disequilibrium, UnConstitutionaity, immorality and outright theft should not be pointed out in granular and personal detail.
PRINTFINITY OR BUST!!!
I'm a day late here but -- at B rock--- the market is ubiquitous. Trading stocks, bonds, currencies, derivitives, commodities and hedges are but a part of the market. Trading them is a business for guys in that business. Because life is so short it might be a good idea to find another nitch in the broader market one you have more control over.
The top is so much smaller than the bottom of a pyramid it stands to reason there is less room there.
All markets are not broke--just the one that has to do with phony money, paper promises, changing rules, corruption, central planning, coersion, propaganda, theft, public loses with private profits, and lying.
The greatest arbiter of things of value is life, its length and its quality, not their price.
Honest markets are everywhere ----enjoy---