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Mission Accomplished - Nasdaq Goes Positive For The Day

Tyler Durden's picture




 

Thanks to the SEC's ignorance of seemingly illegal exchanges of information between Jim Cramer and Tim Cook - everything is awesome again...

 

 

So we went from halted 3 times limit down to green in 3 hours... normal...

 

Charts: Bloomberg

 

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Mon, 08/24/2015 - 12:31 | 6463816 SheepRevolution
SheepRevolution's picture

So solid fundamentals!

Mon, 08/24/2015 - 12:35 | 6463845 Santini Air
Santini Air's picture

"Dow down less than 150 points..."  Nice spin CNBS!

Mon, 08/24/2015 - 12:36 | 6463852 pods
pods's picture

That round trip ticket only cost like 4000 Muppets.  Not bad.

pods

Mon, 08/24/2015 - 12:38 | 6463860 FL_Conservative
FL_Conservative's picture

The ends justifies the means.

Mon, 08/24/2015 - 12:49 | 6463937 quintago
quintago's picture

This is called a selling opportunity...take it..

Mon, 08/24/2015 - 13:00 | 6464001 whotookmyalias
whotookmyalias's picture

To the moon, I tell ya. To the fucking moon!

Mon, 08/24/2015 - 14:08 | 6464380 TheRideNeverEnds
TheRideNeverEnds's picture

Meh, I feel that with what we have seen up to now they make one last attempt at higher and squeeze the shorts and make it look like everything is fine then whammo they pull the plug and it never comes back. It's never easy and the market won't just let everyone pile onto the short side here and ride it straight back down to 666

Mon, 08/24/2015 - 12:49 | 6463938 Oracle 911
Oracle 911's picture

Yeah like 0.1 basis point per decade.

Mon, 08/24/2015 - 12:51 | 6463956 OldPhart
OldPhart's picture

Anyone wonder how many billions more we now owe in taxes?

It must have 'cost' a fortune to pump the market up from -1,000.

Mon, 08/24/2015 - 13:12 | 6464061 froze25
froze25's picture

I was thinking the same thing.  There has to be a paper trail that can be followed here.  You can't make that many purchases to bid up the price that fast and hard (like a porno) with out leaving a obvious trail.  No way it was the Swiss Central bank by themselves.  That would be the big story is who or whom is the big secret buyer with that type of purchasing power.  We know it was the Plunge protection team but we have to be able to prove it.

Mon, 08/24/2015 - 12:38 | 6463864 Wait What
Wait What's picture

is that the infamous hockey stick pattern everyone was talking abt?

stick save, bitchez!

Mon, 08/24/2015 - 12:40 | 6463881 Bilderberg Member
Bilderberg Member's picture

Just imagine if the magin clerk sold you out at the open....Muppet indeed.

Mon, 08/24/2015 - 12:51 | 6463951 Ms. Erable
Ms. Erable's picture

Epic fucking shitshow. Those PPT fucksticks ruined my damned popcorn, and I still have half a bottle of Glenfidditch left.

Mon, 08/24/2015 - 12:40 | 6463880 MalteseFalcon
MalteseFalcon's picture

There always has been a certain asymmetry in these matters.

Mon, 08/24/2015 - 12:35 | 6463848 Stares straight...
Stares straight ahead's picture

Un-sold, Bitchez!

Mon, 08/24/2015 - 12:35 | 6463849 Bilderberg Member
Bilderberg Member's picture

My Nasdaq companies are NOT green...Oh wait, I guess they didn't send emails to Cramer this morning.

Mon, 08/24/2015 - 12:37 | 6463850 Bilderberg Member
Bilderberg Member's picture

Dollar is getting smoked and gold down?

Mon, 08/24/2015 - 12:44 | 6463905 JPMorgan
JPMorgan's picture

Ah but lets not forget it's options expiry time.

Mon, 08/24/2015 - 14:01 | 6464357 Urban Redneck
Urban Redneck's picture

Let's not forget how Hank fucked the shorts on a certain options expiration the last go round of the big rinse, repeat machine, the absence of notable CB intervention in the pre-markets today reeks of intentionally sticking it to the amateur momos who dare to bet against the house. 

Mon, 08/24/2015 - 12:38 | 6463866 thunderchief
thunderchief's picture

Everyone with an ounce of common sense knows these Markets are a fraud.   That is what this crash and "recovery", shows. 

Who in their right mind would not want out of this garbage going foward? 

One day is nothing, except today, this market popped it's cherry with the public. 

Mon, 08/24/2015 - 12:41 | 6463883 Santini Air
Santini Air's picture

Doubt there are any mom & pops "investors" left in this game.

Mon, 08/24/2015 - 12:45 | 6463913 Sanity Bear
Sanity Bear's picture

plenty of 401k hostages

Mon, 08/24/2015 - 13:10 | 6464050 Two Theives and...
Two Theives and a Liar's picture

Here where I work the average Lumpen is totally CLUELESS...those that have half a clue don't even seem to care. As long as the ATMs work and Football games are played these criminals can get away with ANYTHING..(and have!)

Mon, 08/24/2015 - 12:52 | 6463958 spekulatn
spekulatn's picture

Rock hard.

Mon, 08/24/2015 - 12:32 | 6463818 lehmen_sisters
lehmen_sisters's picture

Jesus christ

Mon, 08/24/2015 - 12:47 | 6463920 HonkyShogun
HonkyShogun's picture

Please don't blaspheme. Unless you want to do it properly:

It's

Jesus H Tap-dancing Christ.

Mon, 08/24/2015 - 12:54 | 6463970 Grinder74
Grinder74's picture

Why doesn't anyone swear using "Mohammed Prophet"?  Why swear using a guy who exemplified love and forgiveness when there's a perfectly good raping, pillaging, murdering pedophile to use?

Mon, 08/24/2015 - 12:33 | 6463819 JustObserving
JustObserving's picture

Free and fair markets in action. Why can't Chinese markets be like ours?

Mon, 08/24/2015 - 12:37 | 6463856 NotApplicable
NotApplicable's picture

Wrong style of keyboards?

Mon, 08/24/2015 - 12:39 | 6463872 omrizario
omrizario's picture

call it desperation...

Mon, 08/24/2015 - 12:32 | 6463821 Haus-Targaryen
Haus-Targaryen's picture

lol, DOW is next.  Less than 200 pts down for hte day last time I looked.  

But hey, whats a 900 point rally in a single day say other than, Mr. Yellen its time to raise those interest rates.  

Mon, 08/24/2015 - 12:43 | 6463895 KCMLO
KCMLO's picture

If we go over -70 it's going to be the largest intraday point swing in history.  Nothing to see here citizen, move along.

Mon, 08/24/2015 - 12:50 | 6463947 KCMLO
KCMLO's picture

Just curious who gives down arrows on statement of fact: 

1 2008-10-10 8,451.19 8,901.28 7,882.51 1,018.77 ?128.00
Mon, 08/24/2015 - 13:08 | 6464038 astoriajoe
astoriajoe's picture

Someone who doesn't like facts. so, govt troll. If you don't get a few of those, you're not doing it right.

Mon, 08/24/2015 - 12:32 | 6463823 bnbdnb
bnbdnb's picture

Lookie lookie, the markets goal of pissing off ZH is accomplished. Told ya.

Mon, 08/24/2015 - 12:40 | 6463882 TeamDepends
TeamDepends's picture

You said "markets". Make me laugh.

Mon, 08/24/2015 - 12:45 | 6463910 bnbdnb
bnbdnb's picture

Its still a market. No one said anything about FREE.

Mon, 08/24/2015 - 12:52 | 6463962 B2u
B2u's picture

What markets?

Mon, 08/24/2015 - 12:33 | 6463828 e_u_r_o
e_u_r_o's picture

unbelievable, makes it look like there wasn't a reason for the drop in the first place.

Mon, 08/24/2015 - 12:33 | 6463830 Osmium
Osmium's picture

I was off by 29 minutes.  I said green by lunch.  

Mon, 08/24/2015 - 12:34 | 6463838 buzzsaw99
buzzsaw99's picture

yeah ya did

Mon, 08/24/2015 - 12:51 | 6463953 Tsar Pointless
Tsar Pointless's picture

I said the same on another thread this morning. Then, I figured that might even be too much for the PPT, so I pushed that back to 2 p.m.

Mon, 08/24/2015 - 13:23 | 6464159 Mintcoin
Mintcoin's picture

Keep the ponzi going. Just print. It only goes down when they are ready, or it doesn't happen.

Mon, 08/24/2015 - 13:43 | 6464272 Viffer
Viffer's picture

Tim??? Is that you?

Mon, 08/24/2015 - 12:34 | 6463831 Drummond
Drummond's picture

This isn't even betting on virtual racing. We're just watching it. Insanity.

Mon, 08/24/2015 - 12:34 | 6463834 Drummond
Drummond's picture

This isn't even betting on virtual racing. We're just watching it. Insanity.

Mon, 08/24/2015 - 12:34 | 6463835 Drummond
Drummond's picture

This isn't even betting on virtual racing. We're just watching it. Insanity.

Mon, 08/24/2015 - 12:34 | 6463839 KnuckleDragger-X
KnuckleDragger-X's picture

Naa, it can't be possible that one stock could prop up the NASDAQ since the would mean the market is manipulated as hell and we all know that Wall St. is run by saints with only the peoples best interest at heart.......

Mon, 08/24/2015 - 12:39 | 6463871 RawPawg
RawPawg's picture

China Called...they gonna want that "borrowed" USA PPT money back tonight.

Mon, 08/24/2015 - 13:16 | 6464102 froze25
froze25's picture

Placing bets on Star Craft tournaments is less manipulated than being in this market.

Mon, 08/24/2015 - 12:34 | 6463841 BandGap
BandGap's picture

The day isn't over, wait until Europe closes.

Show a little faith, there's magic in the night.

You ain't a market, and hey you're wound tight.

And that's all right, just bite.

 

Mon, 08/24/2015 - 12:37 | 6463855 SheepRevolution
SheepRevolution's picture

Europe closed a hour ago....

Mon, 08/24/2015 - 12:44 | 6463903 Ms No
Ms No's picture

We still have China the magic is not lost.

Mon, 08/24/2015 - 12:35 | 6463847 CheapBastard
CheapBastard's picture

" Fair and Balanced "

Mon, 08/24/2015 - 12:35 | 6463851 Ms No
Ms No's picture

People should be thankful they have an opportunity to GTFO and buy gold cheap.  The more the PPT take action the quicker you should hit the bank... if you still have money in the bank. 

http://www.rt.com/news/313176-tokyo-factory-blaze-airport/

http://www.rt.com/news/313170-russia-china-japan-sea-drills/

Mon, 08/24/2015 - 12:37 | 6463857 Chosenpeople
Chosenpeople's picture

PPT at work, as usual.

Mon, 08/24/2015 - 12:39 | 6463869 Dr. Engali
Dr. Engali's picture

Made a shit load of fiat today. Like I said before, when the big one comes there won't be any chance to get in or out. The casino will be closed.

Mon, 08/24/2015 - 12:42 | 6463889 Ms No
Ms No's picture

Good call, you must have nerves of steel.  I was running around buying dog food, beans and rice and 1 million sunblock.

Mon, 08/24/2015 - 12:47 | 6463925 Bank_sters
Bank_sters's picture

Old people on ss prefer cat food over dog food.   I guess it sticks to their ribs better.

Mon, 08/24/2015 - 12:56 | 6463980 OldPhart
OldPhart's picture

Cat food smells like shit.  Kibbles will do.

Mon, 08/24/2015 - 12:48 | 6463933 Dr. Engali
Dr. Engali's picture

I have four other partners in our firm. They were all panicking and we're going to sell. I told them I'm buying the shit out of this dip. You should have seen their faces. They thought I was fucking nuts. Now I'll sell into strength.

Mon, 08/24/2015 - 12:43 | 6463894 FrankieGoesToHo...
FrankieGoesToHollywood's picture

For a few days in 2008 as well as the flash crash, I was locked out of my broker account.  DNS if I recall.  Today. nothing, not even delayed service which indicated to me all is well.

Mon, 08/24/2015 - 13:12 | 6464072 Tsar Pointless
Tsar Pointless's picture

I don't know what else we have in common, but we have that belief in common.

When *the* big one comes, there will be no exit.

Mon, 08/24/2015 - 12:40 | 6463876 r101958
r101958's picture

You know, I don't want a crash, I don't want bad news, I don't want people to lose everything they have. What I do want is reality and reality this is NOT.

Mon, 08/24/2015 - 12:49 | 6463935 jakesdad
jakesdad's picture

A-FRAKIN'-MEN!!!

Mon, 08/24/2015 - 12:41 | 6463884 F0ster
F0ster's picture

MOMO MUPPET BTFD DEAD CAT BOUNCE

AKA

MMBTFDDCB

Mon, 08/24/2015 - 12:41 | 6463885 holgerdanske
holgerdanske's picture

Now is maybe the time to sell the paper crap you have accumulated.

If this warning was not enough, I don't know what will be.

You can get out with a profit, sit back and watch the others drown in their own greed.

 

If you can't see the props supporting the facade, you need new glasses!

Mon, 08/24/2015 - 12:44 | 6463899 thamnosma
thamnosma's picture

That is exactly correct.  Today was a gift for those with any stake in this game.  You've ended up losing little or nothing, now get out..

Mon, 08/24/2015 - 13:01 | 6464010 Billy Shears
Billy Shears's picture

Honestly, before they announce QE4?

Mon, 08/24/2015 - 12:41 | 6463886 jakesdad
jakesdad's picture

did Tim Cook just surpass Anthony Kennedy as the most powerful person in us?

Mon, 08/24/2015 - 12:42 | 6463888 PrimalScream
PrimalScream's picture

HAHAHAHA!

Dow down 1,000 points.  Now down 100 points.

HYSTERICAL.  Your tax dollars are "hard at work" in the S&P Futures today.

It's a sad day ... when you wake up and realize that America's stock market is no different than the Shanghai stock market. 

Mon, 08/24/2015 - 12:45 | 6463914 813kml
813kml's picture

Ain't no thing when you get your money for nothing...

https://www.youtube.com/watch?v=lAD6Obi7Cag

Mon, 08/24/2015 - 12:49 | 6463936 Bank_sters
Bank_sters's picture

Well this has been going on for awhile now.  Remember when short sellers were stopped from shorting banks and "bank holding companies" cough...

Mon, 08/24/2015 - 12:58 | 6463992 Billy Shears
Billy Shears's picture

Hey, it's a competitive world!!!

Mon, 08/24/2015 - 12:42 | 6463892 Goldbugger
Goldbugger's picture

wave (3) down is done and then followed by an intraday reversal that starts small degree wave (4) up. Wave (4) up could occupy the middle of the week. But then towards the end of the week, we could see wave (5) down to finish a one degree higher wave {iii}. That wave (5) down move could be powerful.  see the DOW below intraday lows by the end of the week or into next Monday.

 

Mon, 08/24/2015 - 13:26 | 6464176 Wahooo
Wahooo's picture

WTF?

Mon, 08/24/2015 - 12:45 | 6463897 Bank_sters
Bank_sters's picture

The baby snakes over at cnbc are crowing that the US economy is sound, china is contained and we'll probably see dow 20k soon.

 

I pity the poor fuckers who try to trade this shitpile of manipulation and fraud.  I really do. 

Mon, 08/24/2015 - 12:45 | 6463908 roisaber
roisaber's picture

Now witness the power of this fully armed and operational battle station!

Mon, 08/24/2015 - 12:45 | 6463909 BeerMe
BeerMe's picture

Shouldn't there be a limit up?

Mon, 08/24/2015 - 12:45 | 6463912 omrizario
omrizario's picture

In fact, this is the QE4 launched in relatively silence

Mon, 08/24/2015 - 12:46 | 6463916 Billy Shears
Billy Shears's picture

YA GOTtA beLIEve!!!

Mon, 08/24/2015 - 12:48 | 6463921 TeethVillage88s
TeethVillage88s's picture

Investors are experiencing problems accessing their online stock accounts and completing trades through brokerage TD Ameritrade amid a feverish sell off in the broader markets, according to widespread reports on social media.

TD Ameritrade, responding directly to numerous traders on Twitter who complained about the problems, said it was working to resolve the issue. The firm directed traders to a toll-free phone number to complete trades.

Separately, brokerage Scottrade also experienced problems with its site, according to social media reports. The firm acknowledged the problems on Twitter and said it had restored its access after a brief outage.

http://www.usatoday.com/story/money/2015/08/24/investors-report-problems...

So it IS like China.

Just limited to Schmucks.

Mon, 08/24/2015 - 12:49 | 6463940 bnbdnb
bnbdnb's picture

Yep. Insiders get in on the cheap. Now the sheep can come and buy at the top again.

Mon, 08/24/2015 - 12:48 | 6463922 ChargingHandle
ChargingHandle's picture

Fundementally impossible yet possible. The system is functioning as if broken. The last 30 minutes today could be interesting.... IF the system is not broken, it should close in the red. 

Mon, 08/24/2015 - 12:47 | 6463926 SheepDog-One
SheepDog-One's picture

Only illegal for non Chosenites.

Mon, 08/24/2015 - 12:48 | 6463930 PoasterToaster
PoasterToaster's picture

They are profit taking.  They will steal all the retirement funds that have been "invested" in the market, and then Big Daddy Goobermint will step in and save everyone by taking their IRA's.

Mon, 08/24/2015 - 12:54 | 6463932 Ajax_USB_Port_R...
Ajax_USB_Port_Repair_Service_'s picture

This was just a test of the early warning system.

Had this been a real emergency - electric power would be off, internet down, equities not trading, banks closed, water taps dry, and food stores empty.

Repeat - This was only a test.

(Real alert coming soon.)

Mon, 08/24/2015 - 12:49 | 6463939 daggerhashimoto
daggerhashimoto's picture

The chinese market is manupulated..hURRRRRRDEURRRR Merica!

 

Mon, 08/24/2015 - 12:50 | 6463945 g speed
g speed's picture

all markets are rigged--even games---

read and weep-----

https://www.reddit.com/r/pathofexile/comments/3hqun1/an_extensive_recap_...

the new normal

Mon, 08/24/2015 - 12:50 | 6463946 The Bell Rang
The Bell Rang's picture

It will drop...................

Mon, 08/24/2015 - 12:50 | 6463948 Greater Fool
Greater Fool's picture

Today's market message for you:

Party on, Garth.

Mon, 08/24/2015 - 12:52 | 6463957 Sanity Bear
Sanity Bear's picture

To see a drop of that magnitude completely erased is mind-blowing

Mon, 08/24/2015 - 12:53 | 6463967 Greater Fool
Greater Fool's picture

There will be a lot of cigar smoke outside the bars in Midtown tonight.

Mon, 08/24/2015 - 12:56 | 6463983 Sanity Bear
Sanity Bear's picture

it's the Mother of All Stop Hunts

Mon, 08/24/2015 - 13:00 | 6464000 Greater Fool
Greater Fool's picture

The definition of easy money is buying the S&P 500 after the bounce starts and still making 1.5% on it within a couple hours.

Will be interesting to see if it gets hammered at the close today. It easily could.

Mon, 08/24/2015 - 12:53 | 6463969 Fuku Ben
Fuku Ben's picture

Look at that it vanished. If they tightened it up enough would it have even happened?

Although there is a lag in some associated indices playing catch up to the new reality that all is well and back to normal.

Act fast and you have some additional trading opportunities.

Mon, 08/24/2015 - 12:55 | 6463974 Seasmoke
Seasmoke's picture

The fraud is strong with this one !!!!

Mon, 08/24/2015 - 13:16 | 6463975 ajkreider
ajkreider's picture

Perhaps the stupidest all-time ZH article.  Cramer has that much pull that he can drag the market from down 7% to positive by hawking Apple?  Yellen ain't got nothing on him.

Mon, 08/24/2015 - 12:56 | 6463982 Ajax_USB_Port_R...
Ajax_USB_Port_Repair_Service_'s picture

WoW! How many stops were triggered today? Got 'em on both sides!

Mon, 08/24/2015 - 12:59 | 6463998 Seasmoke
Seasmoke's picture

We stop loss some folks.

Mon, 08/24/2015 - 13:02 | 6464015 scatha
scatha's picture

Very few realize what truly is going on with "markets" now namely gangster's hold up and daylight robbery on the so far blatant and unprecedented scale, dump and pump scheme in front of our eyes.

And the gang I am talking about are world central bank stock speculators. Have you tried to buy AAPL today for $92 forget it, this price was for the cronies only and this goes for majority of big stocks, frantically running the turbo insider trading orgy, stealing stocks under the guise of China BS or any other lame excuse. NYSE became rent seeking feudal institution.

I suggest the ZH drop coverage of the "markets" completely since they are no more but stinky fart of banksters forcing us to inhale, all of it is just a worthless meaningless stinky propaganda shit. irrelevant as soon as we turn away from it.

This is we who by talking about the shit make this useless thing count.

For what's really going on in the real economy read this:

https://contrarianopinion.wordpress.com/economy-update/

Mon, 08/24/2015 - 13:02 | 6464016 rejected
rejected's picture

Soooo,,, the rate hike is back on again?

Mon, 08/24/2015 - 13:05 | 6464027 youngman
youngman's picture

I bet Apple does not sell many more phones in China....they have good copies and much cheaper....the Chinese masses will buy the cheaper local phone in the future....

Mon, 08/24/2015 - 13:05 | 6464029 ThroxxOfVron
ThroxxOfVron's picture

Show of hands:

 

You were short and got in on the dip to cover and take the money.

 

 

Mon, 08/24/2015 - 13:16 | 6464101 Yancey Ward
Yancey Ward's picture

That dead cat was made of Silly Putty!

Mon, 08/24/2015 - 13:23 | 6464161 Ajax_USB_Port_R...
Ajax_USB_Port_Repair_Service_'s picture

Market is turning down again.

I guess we'll call it 'profit taking'. LoL!

Mon, 08/24/2015 - 13:37 | 6464243 AlfredNeumann
AlfredNeumann's picture

The day ain't over yet, Tylers.

Mon, 08/24/2015 - 14:01 | 6464351 RealityCheque
RealityCheque's picture

This game will last more than a few days. They'll congratulate themselves, just like China, and then forget to come in on Wednesday or Thursday only to be caught out by the next wave.

Unch does not = fixed. Keep band-aiding that shotgun wound PPT. It's a long road ahead for you.

Edit: Hey PPT, get back from your coffee/cocaine break, this bitch is rolling over again!!!

Mon, 08/24/2015 - 14:55 | 6464681 jvetter713
jvetter713's picture

Well this afternoon's action is curious.  Did the fed run out of bullets?  Or was this morning perhaps those desperate BTFDers?

Mon, 08/24/2015 - 15:42 | 6464985 bubbleburster
bubbleburster's picture

Jon Stewart nailed Cramer years ago about just such behavior.  Nothing has changed at all.  Not that I expected it to.  

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