This page has been archived and commenting is disabled.
The trend is your friend... until it ends...
Charts: Bloomberg
- advertisements -
Contact Information:
Tips: tips [ at ] zerohedge.com
General: info [ at ] zerohedge.com
Legal: legal [ at ] zerohedge.com
Advertising: ads [ at ] zerohedge.com
Abuse/Complaints: abuse [ at ] zerohedge.com
Suggested Reading:
Make sure to read our "How To [Read/Tip Off] Zero Hedge Without Attracting The Interest Of [Human Resources/The Treasury/Black Helicopters]" Guide
It would be very wise of you to study our disclaimer, our privacy policy and our (non)policy on conflicts / full disclosure. Here's our Cookie Policy.
When the market is this tight and might I add fed manipulated, the first break of the bull trendline is usually bought then you get a new high or lower high, testing the high.
Bears beware. The Fed chairs' Bruthe Jenner-esque alter egos, Alice Greenspin, Bernadette Bernank and James Yeller, will yank the rug out from under anyone daring to short (except gold & silver) just before the Monday open of the Chinque exchanges.
Thinking like a PINKO FASCIST COMMIE confirms your membership in my book. Move to North Korea where the people think like you...
Nice log scale
All I see is INXS.
It all looks Greek to me
According to that trend line; the next move is upward...not downward; look a bit closer. Five days the markets are down..setting up for the massive short squeeze. Go long and go quick, for by the end of Friday we will be pressing the 18K on the DJIA. Unless we don't. Not investment advise; besides who would listen to a reptile?.
Prepare to be taken to the slaughterhouse. Going down for 2 more weeks.
It looks like were running out of other Yellen's money
What a bullshit bullish rise. Scare everyone out of the market so they can manipulate it more easily on increasingly lower volume why dont they.
The PPT will take care of it.
In July 2008, there was a similar bearish engulfing candle followed by a hanging man (last time that I could see and why is he charting in candles if only to use trendlines). A large decline followed. The bots built in the break of the trendline before it happened and then made it happen. I built a haywagon once.
Well Greenspan, Bernanke and Yellen have built a wonderful nation of bag carriers and eaters. Where do we go from here? How about yelling and screaming? Thats it! We'll shop, eat, yell and scream all day everyday. Oh wait!
Yuan pegged to the US dollar has been going up in sinc.............now it's starting to bite.
It is annoying. I save in rmb and wait for parity. Just a matter of time before China can thrive on internal consumers. How many cheap Audi and BMWs goes one world need?
Everybody got a new German 2nd world knock off but I still drive my 2000 4runner. Just keeps running.
Drving a 2003 Ford Escape with 165K miles and some rust.
Just sunk another $900 into it, drive it everywhere, does just fine at 80 MPH on the highway.
Signed,
The Millionaire Next Door
206,000 on my 98 F150. Just sunk $1k into it. Good for another 4 years (Big Smile) and I LOVE the price of gas. So there's a little rust. Hey, you don't like it, look the other way. If I wanted a new F150, I'd buy one. But I don't need Wifi, MP3, or some machine to tell me about the air pressure in my tires or the oil level in my engine. (Fucking dumb asses are too busy working to check the oil and tire pressure?) The world is fucked up. So are the new vehicles. Ya know I was going to buy some of those spinning hubcaps and some big woofers for the radio I don't ever turn on but I thought, aw, the hell with it. I got a transitor radio in there somewhere.
Time for more Bullard Shit.
yellen ruuuuuuuuuuuun
Just before the stock market crash of 1929 a broker rang a client and apologised for sending him the wrong charts.
The client replied that as luck would have it he held them up the wrong way and made money.
Buy the dip - the PPT will save us. They (FED and Treasury) will play the game until hyper inflation turns the country into hell on earth. I give them about 10 years of decline and suffering of the population until the riots or war.
Thinking like a PINKO FASCIST COMMIE confirms your membership in my book. Move to North Korea where the people think like you...
Put high-octane FIAT in your tank and DRIVE a gazillon miles per gallon....
Sure - only if it is like Fred Flintstones car and you have enough to eat.
Since 2007 reading about how the world is ending. Keep predicting it and eventually you'll be right.
Get's old, tho.
SPX, DJIA, NDX, COMP, VTI, XLY, XLK and other indices can't escape making initial bear market lower lows as are already evident in downside leaders XLB, DJTA, XAX, RUT, MID, SML and others. Maybe a doomed BTFD rally will delay the declines, but in days or soon there will be plenty of bear market lower lows to go around for all indices and sectors.
BTFD
Goin to buy long dated calls on the US indexes, Dow, S&P, Russell around mid-Aug. I expect the Dow to be under 17,000 by then, maybe as low as 16,500. Either way, I'll make a fortune.
LOL no one believes it's gonna crash.
Look at the SH prices and options on SH for just one example, The vix, some other leveraged reverse instruments too, the pricing just dosen't seem right, very underpriced.
However I am afraid to buy here too, thinking that I will buy a ton of protection and Yellen will just delay rate raise which will propell market to new highs.
I would like to think, but I'm sure I'd be wrong, if they delay rate hikes G&S will enter a new ultra bull market phase...who knows though
There's fewer buyers of stocks than there than stocks listed on the exchanges.
Unfortunately, there only needs to be one if he can print money.
What do the purdy pitcher mean?
"What do it mean" .... farewell and adieu ....https://www.youtube.com/watch?v=PZfYtCLA23s
it is called bernanke's theorem: as trading volume approaches zero prices tend toward infinity
another trend line drawn by a child, that is a laughably bad trend line.
I am so, so glad that the Market has turned.
This market is fucked up like chinese music!
like in kung fu hustle? But **** you're like a hit type for some corporation! **** I guessed it.
I see so many lines, circles and charts, it's almost like my head is down but my shoulders are up.
Lul that person is so spoiled. The 'murica never got him becuase he was sheltered by the oznik who never taught him anything.
I have decided my intellectual prowess is vastly unsuperior to yours. All I know, supplies, proximity to unrest, and twinkie supplies will rule supreme.
If I wasn't on stamps and blow I'd buy nugt calls, but as it is I'm going to wait for the rebuilding... the nwo will try to stop but **** you guys aren't that bad, err with the trillion dollar cushion. But the long is water.
You bring the water, I'll bring the Twinkies. When the world implodes, we can bet on which lasts longer.
yes but who brings the lol? :d
Well, I AM bringing a boat load of unclaimed virgins. Jeez!
Bear got put to sleep in 2009 with constant fed injections of barbituates. Drugs are starting to wear off. Bear is stirring.
So if the HSI is up $369, that means all is well! Right?
THIS IS A LOG CHART.. I think the normal chart breaks below 1800, and secondary line is about 1600.. either line would seem to be a continuation fo the existing trend.... but im no expert
I think the Dow transports below 7000 or the Dow Industrials below 16000, or the composite below 5800 is a much better signal of the trend reversing..
Exactly right. Based on a regular chart the trend line value is currently at around 1660. So, this trend is far from over.
Bring it on! Love to see the crash, finally in a theatre next to you. Godd stuff can only happen, when bad stuff is gone.
Ragtag. Short people as short money, short memories, short trading, short life and a price tag
Yeeeehaaaaawww!!
BUY THAT DIP!!!!!!!!
The central banks are going to print money till it's toilet paper to make sure that line just keeps going UP!
Its got tiny teeth
i can't read the chart legends
Again...? I´m getting really tired of this. Show me a disaster when you got a live one. Not this Daily Zerohedge disaster-of-the-day suckerbait.
No doubt it will come to pass,one day. It always does. But it won´t be recognized or announced on Zerohedge,for sure. Only a couple of months afterwards.
Why don´t you just give it a break and think about all the poor suckers that indeed have been heeding your advice all the way since 2009. By now they have lost their last shirt. Stackin´phyzz.....Indeed. You should be prosecuted.
"You should be prosecuted." For what, asshole? For pontificating?
Fuck you.
For issuing damaging propaganda. Propaganda harmful to average Joe´s investing health and hence his/hers total situation. May shorten your life span considerably listening to propaganda. The housing crisis - yes you could see that coming a mile away , because everyone agreed on one tenet of belief - it COULD not happen. It WOULD not happen. Now everyone on this website agrees to the imminent catastrophe that will wipe out every form of biological life on earth. Life the great comet cometh...
And do try to use your native language in a more constructive way.
All QE-money that flowed into BRIC-stock markets now turning into smoke?
The QE money will turn into smoke as the stock markets discover reality, but the debt created when the QE was issued remains. The people will get to pay interests on this debt and have it hanging over them for a very long time.
Obviously a large part of the smoked QE will find its way to some sunny offshore safe haven belonging to special people, insiders and pets.
OK, that trendline is sloppy, and, worthless, because the Fed doesn't care about trendlines, Dow Theory or any other measurement metric.
Has everyone forgotten that there is an FOMC meeting and their momentous announcement is tomorrow?
How much ya wanna bet that this whole shitshow of five straight down days on the majors was all well-thought out by major players who have been selling, but will begin buying the dip as of today, especially since China was fixed, again™, today.
Old Yellen and her buds will change a few words in the FOMC policy announcement, indicating that there will be no rate increase in September and stocks will recover everything and then some.
I have to admit, this most recent scaring of the bulls (all four of them) has been some pretty serious stuff, but how many times are bears and short-sellers going to buy into the BS?
The global economy is going into slow meltdown mode, or, rather, it's been doing that for 15 years, with a brief interruption - a faster meltdown - in 2008-09.
Until the Fed is completely out of bullets and/or the ability to print/jawbone simultaneously, the markets will continue their relentless grind higher.
I hope I am wrong, because I would love to see massive carnage and all the stupid fuckers with pensions and 401ks crying, again™.
Nothing matters until 2:00 pm EDT on Wednesday, at which point there will be a whipsaw in one direction or the other, but, I believe the smart money (i.e., Blankfein, Dimon, et. al.) is on UP.
Good luck to all. Keep stacking.