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Panic-Buying Sends Stocks Up To Thursday's Cliff-Edge
And the catalyst was... crap China data means moar stimulus (except pork prices are soaring), oil rumors (denied), JPY (stalled), Fischer (same old), and Lockhart... or maybe it's just your standard Monday morning stop run...
Nasdaq (blue) just surged up to the Thursday cash market open - with the S&P closely following...
As VIX is crushed...
Charts: Blopmberg
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Same old same old. Blah, blah. blah.
Wait.....no one move.....we've just lost a trillion QE from last May.
Wudda ya mean you put into equities.....it was suppose to go into copper!
And ZH nails the top for the day
Just do us a favor ZH and don't publish any article about silver "surging" thanks much
It's simple really...
https://www.youtube.com/watch?v=2KPplYp7K7M
Fischer said they won't hike this month. Boom!
http://www.marketwatch.com/story/us-stock-futures-climb-dow-on-track-to-...
http://www.marketwatch.com/story/us-stock-futures-climb-dow-on-track-to-...
Well they won't - it's still August.
DavidC
Or, maybe it's just old Yeller give the shorts who piled on a good squeeze in the nuts.
Or because the Dow had gone down seven days in a row
All of the above.
Ahhhhhhhhhh,,, nothing more pleasing than to watch a free market at work..........................
Panic-buying?
Stocks always fly to the moon in free and fair markets?
Buy now or be forever locked out of the stock market?
US is going to ban short selling like China?
Yes, unreal. For over a decade now, total dependence on the Fed. A slowing economy just means more loose money for stock buybacks and consumer borrowing. There is nothing left but adding to debt to try to hold off the final collapse. A deflationary depression is what they fear and what they will get.
They don't fear it my friend. That is the plan, these bastards know full well what the consequences of their decision are. The name of the game is power consolidation. In a deflationary environment they will pick up valuable assets pennies on the dollar.
I wish they'd hurry up and do it then.
If that's their game why are they trying so hard to keep it UP?
DavidC
Here's a little gem:
lol. go to cnbc.com and look at the headline to see why stawks are up.
they fucking say stawks up on greece, its too funny.
its amazing how every fucking time stawks were down last week they always came back at days end to basically down very little, but i am sure stawks will finish at the highs today
#fundermentals###
Fuck it.
Just when I think I have my glue-sniffing habbit kicked..
As expected though....
18,000 here we come,
tomorrow.
Tuesdays, ya know?
yawn...more pre open pumping by the fed just in the nick of time stick save
PPT. SPY traded over 2 million at the opening up nearly 2 $. That is ~ 1/2 billion $. Who has that sort of money besides Buffet? Besides, gots to get S & p back to the 50 DMA.
"Stanley Fischer, the vice chairman of the U.S. central bank, said that the feds see no rate hike until inflation returns to normal levels." August 10, 2015
That will be a long, long time.
It's become so patently rigged that it has become comical!
I can't wait till this fucking bullshit rigged matrix crashes down!
BTFDYFI
BTFDYFI
Please Mr Durden, stop using 'moar'. The word is spelled 'more'. By continuing the infantile practice you do yourself as great a disservice as WiiliamBanzai7's infuriating mixture of upper and lower case letters in his titles.
We got it. You don't want any moar.
"Die VIX, die!"
Lots of Love, Kevin Henry & Simon Potter.