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The Fun-Durr-Mental Reason Why Stocks Are Bouncing (Again)

Tyler Durden's picture
Submitted by Tyler Durden on 08/26/2015 13:44 -0400



 

... or why the number 119.00 is the most important in the world right now...

 

 

Quite clearly the moment USDJPY hit 119.00 it was majestically ramped - leading stocks higher just as everyone was talking about pre-margin call selling...

And this was the perfect environment for central bank manipulation....

 

h/t @Not_Jim_Cramer

 
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Wed, 08/26/2015 - 13:47 | 6473795 JustObserving
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The Fun-Durr-Mental Reason Why Stocks Are Bouncing

I thought it was Fed buying through its unofficial arm, Citadel

Wed, 08/26/2015 - 13:46 | 6473796 bnbdnb
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Why don't they just give up? Seriously seven years of just STUPID.

Wed, 08/26/2015 - 13:49 | 6473808 KnuckleDragger-X
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They might draw into an inside straight......

Wed, 08/26/2015 - 14:20 | 6473927 Leopold B. Scotch
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7 -years?  LOL.

 

17, 15, 26, 42, and over 100 years all have their arguments.

Wed, 08/26/2015 - 14:32 | 6473950 813kml
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Keynesian 101:  Always go all-in with 2-7 (offsuit)

Wed, 08/26/2015 - 13:54 | 6473828 NoDebt
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Nobody relinquishes their money or power willingly.  If they have to do this same shit every day for a hundred years they will.

Wed, 08/26/2015 - 13:59 | 6473852 bnbdnb
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Most of these banker bitches will outlive their stupid than not. It really makes no sense.

Wed, 08/26/2015 - 14:38 | 6474006 Groundhog Day
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why not just print another 10 trillion and buy up the whole market and take it private.. everybody wins... 21 on every hand...yay

Wed, 08/26/2015 - 13:47 | 6473800 Tsar Pointless
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Dumb. All dumb.

Wed, 08/26/2015 - 13:47 | 6473801 order66
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Basically a shit sandwhich served up steamy if you were/are trading ES right now.

Wed, 08/26/2015 - 13:48 | 6473804 I AM SULLY
I AM SULLY's picture

THE RECOVERY IS HERE!

(now, where's my cocaine?)

Wed, 08/26/2015 - 13:48 | 6473806 GMadScientist
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When you gonna gimme more dimes, Kuroda?

Wed, 08/26/2015 - 13:49 | 6473812 Tsar Pointless
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Oh, I get it. 119. 911.

Okay. All clear now.

Wed, 08/26/2015 - 13:53 | 6473827 Bullionaire
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"Pull it."

Wed, 08/26/2015 - 13:53 | 6473826 SSRI Junkie
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so now we are back to the divine wind trying to save the day

Wed, 08/26/2015 - 13:55 | 6473832 ChargingHandle
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Will the Fun-Derr-Mentals hold for the last 119 minutees of the session?  

Wed, 08/26/2015 - 13:57 | 6473838 bnbdnb
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Yields are already getting to high. Commence selling.

Wed, 08/26/2015 - 14:02 | 6473868 Exit through th...
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Oh lookie there.. Its 2:00 est.. Time to short this rip. Up almost 350...

 

Wed, 08/26/2015 - 14:04 | 6473876 Not if_ But When
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I'm gettin' a hard-on about Thurs and Friday.  (hope i don't come before it starts).

Wed, 08/26/2015 - 14:07 | 6473883 Fuku Ben
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+1 @Not_Jim_Cramer

Wed, 08/26/2015 - 14:08 | 6473884 Father Lucifer
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When USDJPY breaks down look out below everywhere.

Wed, 08/26/2015 - 14:18 | 6473926 mademesmile
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Hmmmmm. I still have a feeling the close will be like yesterday.

Wed, 08/26/2015 - 15:50 | 6474504 Sach Mahoney
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FED buying with both hands into the close... G-O-T T-O K-E-E-P IT AT THE HIGHS INTO THE CLOSE

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