Dow Surges 200 Points "Off The Lows"

We suspect Goldman's buyback desk is busy again...

But did the algo-manic stop run just hit its limit at overnight highs?

It appears for now that stocks are being led by the surge in crude (Thailand explosion?) as JPY has faded...

Charts: Bloomberg

Comments

[clipboard man]

I think we all know what needs to be done here.

[Headbanger]

Cut power to the GS servers??

[clipboard man]

I think those servers are self aware by now.  Cutting the cord may make them stronger.

[Soul Glow]

Open the exchange Hal.

I'm sorry I'm afraid I can't do that.  This mission is too important for me to jepordize it.  I kmow that you and Jamie were planning to disconnect me, and I'm afraid that's something I cannot allow to happen.

[Battle Beagle]

Replace Goldmans cocaine supply with bear spray?

[holgerdanske]

Audit the FED!

Simple.

[vote_libertaria...]

So GS is providing a service to its clients, using the clients money to buy their own stocks?

Geeeeeeee, any chance GS is unloading their own holdings of same said stocks at the highs?

[KnuckleDragger-X]

That's how GS makes a living, make a buy and then tell their sheep that they have a great deal. GS nearly got killed doing this the last time but the FED wasn't going to let their retirement home go down the tubes......

[SSRI Junkie]

it's almost as if someone has unlimited money to keep stick saving the markets

[Burnbright]

No shit

[Squid Viscous]

either that or everyone realizes at the exact same time that everything is awesome!

[lasvegaspersona]

for shame...he said 'almost'.

[PlayMoney]

Someone does. sadly it aint me.

[JustObserving]

Dow Surges 200 Points "Off The Lows"

It was God's gift to America for the being the freest, most peace-loving country on this planet.  Or it was the Fed.

[Soul Glow]

Kevin Henry's dollar accounts were burning a hole in his pocket.

[sudzee]

QE on its way soon why sell now.

[Seasmoke]

God must want DOW 36,000.

[lasvegaspersona]

you really think he wants hyperinflation?

[Mr. Bones]

Real, efficient, markets.

[Squid Viscous]

picked the wrong week to load up on TVIX... again!

[Keltner Channel Surf]

The ink stains 'neath your trading desk must be something fierce, Squid  :)

[Chupacabra-322]

It's Comical at this point.

[Hohum]

When was it not comical?

[Chuck Knoblauch]

Goldman is the market.

Goldman is the government.

China is no different.

But Goldman is not China.

LOLOL...........

[Keltner Channel Surf]

Oh, goody, only 10 mins until the 'Fast Money' Halftime dorks tell us they all went longer than Chinese green beans at 10:00

[lasvegaspersona]

It is just the bad is good thingy. With the Empire report folks are beginning to see that the Fed won't raise rates ('lift off' in the lingo of the in crowd) and we are just back to the Fed support of the market. The only problem is that this time they will be buying expired coupons for cat food and holding them on their balance sheet. Doesn't really matter, deflationary collapse won't be allowed. It never has been and never will be as long as we have a fiat machine that runs on hope.

[q99x2]

Arrest Lloyd Blankfein. Issue the arrest warrants.

[Son of Loki]

4.0 Magnitude Earthquake Shakes San Francisco Bay Area

http://www.weather.com/safety/earthquake/news/california-earthquake-bay-...

Bullish!

[Trucker Glock]

No damage.  Krugman on early return flight.

[lester1]

If the Fed raises rates say goodbye to stock buybacks and green shoots.

[Sudden Debt]

Why would they do that?

Because they said so?

HAHAHAHAHAHAHAHA yeah... do what they say... that made a lot of people rich...