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Commodisaster
"Peak" Apple?
And a quick message for Caesar's shareholders... (and AAPL Call buyers)...
Stocks legged lower overnight on AAPL and MSFT, USDJPY helped them stage a rampaplooza as cash markets opened managing to get the S&P unahcnged for a brief moment...
Cash indices on the day saw Small Caps (who have been big losers recently) outperform but the rest ended red..
On the week, Trannies crept back into the green but The Dow remains the biggest loser as CAT, IBM, UTX, MSFT and AAPL weight it down
Leaving The Dow back in the red for 2015...
But that was not acceptable and so VIX was whacked to ensuire The Dow closed green for 2015...
52 Week Lows continue to rise...
As AAPL bounced off the 200DMA again
Stocks decoupled from bonds early on - thanks to JPY - but recoupled later in the day...
Treasury yields were mixed with the long-end testing down to 3.02% and the short-end selling off...
As The Dollar bounced back...
Commodities all suffered...
Though silver held its own...
Gold continues to tumble - 10 down days in a row is now the longest losing streak since 1996...
Crude was clubbed over 3% on the day - testing a $48 handle and back at its lowest in 3 months... down 16 of the last 20 days
Copper clubbed like a baby seal - down 7 of lats 9 days , hovering at cycle lows...
Charts: Bloomberg
Bonus Chart: Even more ominously for Copper - physical demand for withdrawals from inventory have collapsed...
Bonus Bonus Chart: Lumber smashed again today and as a leading indicator is flashing red for new home sales...
Bonus Bonus Bonus Chart: Any day now - clicks will beat bricks...
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Too late for me. Puts expired waiting for this crash to start.
Gold and silver are money.
In a deflationary crash, they will ultimately buy more commodities of all sorts.
What a bunch of fucking mor0ns (in teh video). Not only will they line up for CRAPPL but they will get yelled at by mall cops over it!
Moar margin for home builders
Janet wacking copper lumber lumber and rates
Well played sir
Just keep squirreling away food, water, guns, and ammo...
http://galeinnes.blogspot.com/2015/07/the-invisible-enslavement.html
an apple a day - do not touch until $110
Wait for $75.00 or $80.00
ah, I was alluding to hyperinflation and real apples - in drachmas
So wait, lumber, oil and copper are crashing due to falling demand? Does that mean silver has found new bouyancy thanks to manipulation?
Builders must be building homes with Amazon market cap and silver futures.
Its the new trend, you can now find 5000oz crates of silver at your local Lowes or HomeDepot next to the ceiling fans.
Builders aren't building that many homes these days. What part don't you guys get about less demand?
http://www.shadowstats.com/imgs/2011/708/image006.gif
Yeah - CNBS spinheads said the reason was builders could not find enough help. Really - that is what the said. LMFAO
"though silver held its own" ...hmmmmmmm
Many mines that were primary silver producers have shut down. Most silver is produced as a byproduct of other mining, mainly copper. If copper mines shut down, silver production craters. 70% of copper is produced as a byproduct of gold, copper, lead and zinc ( http://blogs.wsj.com/moneybeat/2015/05/06/silver-mine-supply-is-running-... ); But industrial demand is only 45% of silver demand. So when recession drops the demand (and production) of these other metals, the drop in silver production and supply is larger then the drop in industrial demand so silver prices go up (in a real market). Ceteris parabis, of course; other, non-industrial demand may also drop.
And I bought some gold...YESTERDAY....damn
I guess cheese day at the armory will not be the same this time
We're going to be seeing this on a regular basis. The problem is the commodity market since it's starting to flash red very brightly.......
In Denver ..many of the new apartment buildings are not sticks...but built with steel..they are highrises....not many of the big three story wood buildings going up...
How is Denver these day's, economy wise. i'm in Des Moines right now and things seem to be fine which makes me nervous to head west and encounter hell.
many of the big three story wood buildings going up...
Those are going up in GREAT quantity in SLC.
One way to stop a runaway horse is to bet on him.
-- Anonymous
I wish I could get out without quiting my job.
#41
4 handle ramp into VWAP in final stretch, how easier can trading be?
But cotton and rough rice were up on the day so there's some green shoots for ya!!
el nino will take care of that.
Vix once again goes wimpering into the night....
All volatility is being nicely stage managed!
BULLSHIT!!
If a VIX of even remotely close to 12 isn't a sign of pure manipulation, even as markets fall, what the fuck is. Holy shit this is fucked up.
Two days in a row.
Why the fuck would anyone Buy VIX protection? Stocks only go up. And even if they go down, VIX & VXX also go down. Yeah - one really fucked up "market" (cough).
who doesn't love a rich person's depression. With assistance from crooked democrats...the Billionaiers and Wall Street....gut the carcass of the middle class. Wait for the Bomb-bay doors to open. Gold is telling you DEPRESSION!
This is the 'hamster on a wheel ' market .... spinning and spinning, arriving nowhere.
Miners are so cheap it's unbelievable , I plan on making bank. Oh and no rush I want to buy more :)
what happens when VIX gets to zero? Is there a negative VIX, like interest rates?
Reverse split .....again and again ,and again .................
Gold getting sold off to pay for bigger losses (margin calls). Gold's recent price action refelcts a much more serious problem that is working it's way to the surface.
Evidence?
Evidence? Huge dumps on COMEX. It's happened over and over again. Check out Paul Craig Roberts site and on youtube. He's covered the manipulation in the markets in his publications many times.
gold is a comparitively small market. It's NOT being sold off to pay for other losses. It is being MANIPULATED same as it ever was. Gold is REAL money and the banksters are scared shitless of being exposed for the fiat ponzi scheme they are...
Lots of Chinese housewives own gold. China's plunge protection team should consider buying some gold.
Those that ignore history are doomed to repeat it. One of the main economic shortcomings of communism was that it wasn't allowing economy to evolve naturally, it was centrally planed and who survive and who perish was not based on market principles and environment but on political considerations. It creates an ecosystem that is not in it's natural state and needs to be propped at great effort at all the times. After some time it evolves entities which survival is dependent on sustenance from a singular source - government. Any disruption to that source is sure to bring nothing less than the economic Armageddon. So how about you go from 1986 a bit further back in the past, let's say to a 65.5 million years ago when the dinosaurs perished?
Puke! I love it.
We talk a lot about gold and silve but what about Plat? Down 20% for the year how much downside is left?
How bad would the upcoming Auto-maker and Auto-Loan market crash hurt that metal?
Good question. Automotive is one of the uses. Percentage-wise usage should be available on the net someplace. Jewelry uses some. But if demand drops, prices drop. When prices drop, the mines slow down or stop until the price comes back up. I'm thinking platinum may be manipulated like gold and silver. Just enough that it doesn't become an outstanding opportunity, because demand to hold metal as a way to save wealth would certainly drive the price up quickly, as gold and silver usually cover that type of demand, and platinum use is generally very steady and predictable.
"Peak" Apple?"
Maybe.
"Peak Mad Consumerism" is more likely.
How anybody could tolerate that treatment from security guards when I'm going into the shop to spend money beats me.
Don't worry, there's enough good old boys in the corporations that we'll get through this crash. I'd leverage with Indium, sell it off and have cans of oil before the real burning starts (sometime around the spent toaster generation).