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The Market's "Other" Panic Indicator Just Went Off The Charts
With indicators from macro-fundamentals (e.g. retail sales, core capex, inventory-to-sales) to market-oriented measures (VIX levels and backwardation, HY credit spreads, commodity prices) all flashing various colors of dead canary in the coal-mine red, we thought today's colossal spike in the Arms (TRIN) Index was a notable addition.
An Arms Index value above one is bearish, a value below one is bullish and a value of one indicates a balanced market. Traders look not only at the value of the index, but also at how it changes throughout the day. Traders look for extremes in the index value for signs that the market may soon change directions. The Arm's Index was invented by Richard W. Arms, Jr. in 1967. In essence, a sudden surge in the TRIN indicates a jump in trader lack of confidence, as everyone scrambles to either go long the 2-3 rising stocks, or to sell or short the biggest decliners, ignoring the bulk of the market..
Today's move was far greater than "Black Monday's market-halting crash:
In longer context:
As we noted previously, the Arms index is an indicator of market breadth essentially tracks lemming like momentum-chasing behavior with respect to volume... meaning today saw panic-buying volumes which given that it was dip-buyers at the close, we suspect won't end well...
Trade accordingly....
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Or don't trade at all!
So...longs on margin, right?
Is it just me or does it look about halfway up the chart?
pods
It's just fate that you have to be long something.
Go long dong
Now the market is royally fucked. If they don't hold 1860 this week, it could get really nasty, really quick.
Is there an ultra long "not since Lehman"TM ETF?
Here is another Panic Indicator....MarketWatch re-animated to ZeroHedge status article...
‘Death cross’ patterns spread to all corners of the stock marketRussell 2000 can’t hide from the death cross epidemic
http://www.marketwatch.com/story/death-cross-patterns-spread-like-a-bear...
Go long on shorts....or get SRTY (for Russell).
Peter Schiff: US Economy won't improve without a real recession
http://www.planbeconomics.com/2015/09/peter-schiff-us-economy-wont-impro...
I agree it's a bad indicator...every fucking thing out there is a bad indicator.
But someone please explain to me how this applies in this day and age of computerized algo-bot vacuum tube systems compared to the 1967 system of actual human beings making trades based on real and/or perceived market indicators that weren't manipulated by all that computer bullshit.
Anybody? Bueller???
I have to think that in all actuality based on how fucked up all this shit is that the chart above should actually be OFF the charts and way outta control at this point. There is/are no free markets. Therefore there are no real trustible or honest market indicators to base any kind of technical analysis on, right??????????????
Easily fixed, no pun intended.... We're going to need a bigger chart!
"Thirty years of 'crisis,' mass unemployment, and flagging growth, and they still want us to believe in the economy. We have to see that the economy is itself the crisis. It’s not that there’s not enough work, it’s that there is too much of it."—The Invisible Committee, The Coming Insurrection
"The first concern of any dictatorship is, consequently, to subjugate both labor and culture. In fact, both must be gagged or else, as tyrants are well aware, sooner or later one will speak up for the other."—Albert Camus
"The world is a den of thieves, and night is falling. Evil has broken its chains and runs through the world like a mad dog. The poison affects us all. No one escapes. Therefore let us be happy while we are happy. Let us be kind, generous, affectionate and good. It is necessary and not at all shameful to take pleasure in the little world." —Ingmar Bergman
"Three-fourths of philosophy and literature is the talk of people trying to convince themselves that they really like the cage they were tricked into entering." —Gary Snyder
"Sometime in the last ten years the best brains of the Occident discovered to their amazement that we live in an ‘Environment’. This discovery has been forced on us by the realization that we are approaching the limits of something."—Gary Snyder
Follow my ramblings.
The deflationary pressure is off the charts. Now is the time to sell your gold. Get rid of it. The Yankee Dolla remains king.
Of course the are no real market indicators. In order to have those, you would have to have a real market.
Brokers take Credit Cards, right?
And for everything else there's EBTCard
un-price-able
Sell!! You cocksuckers, sell into the abyss!
its all trash, its worthless sell sell sell
"invented by Richard W. Arms, Jr. in 1967. In essence, a sudden surge in the TRIN indicates a jump in trader lack of confidence" - ceptin machines don't feel confidence - unless they're android dick
I thought the same thing, but then it occurred to me, maybe this is what machine lack of confidence looks like?
Who's the petrock now!!
Meet the dead parrot.....
It's not dead it's resting.
It's pining for the fjords.
https://www.youtube.com/watch?v=npjOSLCR2hE
No, it's an ex-parrot.
The only reason it was sitting on the perch in the first place is because it had been nailed there.
Garbage. Keep it simple stupid. When fraud is the status quo, possession is the law. There hasn't been a spoon for quite a while and no matter how much they kick and scream the useless and unproductive people of the world are going to have to actually work for a living or just fuck off and die.
About bloody time, these fuckers can be found in at all levels of society. Time to rout the fuckers out, roll the guillotines!!!
Woah there, cowboy. First, step back a bit and watch the show - just out of reach.
When they have exhausted themselves wailing, gnashing and striking out against each other in blame THEN it's time to roll out.
I have watched and waited for years.
Let's be a little less gruesome, like the Julian Gallows. Or even better and possibly cheaper, walking the plank. Right off Devil's Island. You can swim and survive. You earn permanent exile. Island can double for weapons testing.
8 years for me. But Ready to see this baby go down in flames and all of these 'non-prouductive' asshats eat each other (figuratively, of course). Ready for a reset or a total meltdown....either is fine with me as long as the TRUTH is known and people wake up.
I like it Jerry.
this guy says shut up and do this....
http://video.cnbc.com/gallery/?video=3000415197
fucking hilarious.....
A faggot with a shit-eating grin just says TRUST.
He sounds like he got his morning coke fix. (Illusions of grandure?)
What a tool that guy is. He thinks theres fear. The machines arent afraid of anything....
he sounds like a used car salesman
David Darst is a strange sort of fella and he's deep in the game. He sounds a lot freaked to me. Scared to death if he told the truth.
OMG he is going to "Burning Man" the playa on the Blackrock Desert north of Reno.
People used to die all the time at Burning Man. They used to have a drive thru shooting range.
Yeah, watch him with the sound off...the lady doth protest too much.
" Awesome! "
Meh
These indicators don't mean jack.
Not a fair assessment. TRIN as a standalone indicator would have little value. TRIN, within the context of other market breadth indicators, gives a trader a more full picture of market conditions.
IE, the TRIN reading, in conjunction with new 52wk lows vs 52week highs, the rate of change on ADV vs DEC, and a handful of other market breadth measures has knowledgable traders on the short side of the market for the last few months. IE traders average in to short positions, then cover on panics which are IN PART shown by TRIN readings.
Swings. One day Tarzan's vine breaks and apeman splatters on the jungle floor.
Watching from the sidelines is more entertaining. Occasional short on Financials, they are eating the oil hedgies for breakfast.
Until they do.
Then the Fed prints.
And we all get super wealthy again.
I love your optimism.
You mean some right?
It's all going to be fine. Just go buy yourself an Apple watch.
i'lll be glad when this dead cat finally decides to just stay down,i'm so over reading yet ANOTHER set of charts....tis is such a slow,painful death(for me).
I consider it a daily morning miricle if they can somehow manage to get the stock market open in some form or fashion each morning. The daily mini-flash crashes in various ETF's as they try to open them is a good reminder of the extreme level of instability in the system.
I fully expect the day will soon come, meaning any day now, the market will just not open again.
I am simply thankful if they let us trade another day.
But Mr. Ron "Virtual" Insana says this is just a retest of the imaginary support level that was not established with stronger price action in the previous 6 months.
Gold will go lower as margin calls pinch market liquidity.
Then why hasn't that happened the last 3 or 4 plunges?
we had a record beating month in august for Bullion sales, but more interestingly customers buying higher quantities and the higher weights, which to me means they are more serious about their gold portfolio and perhaps thinking longer term. our 5gram unit is flying out the door. even tonight I had a customer from India place an order way higher than normal...
but even more interesting customers are requesting delivery as soon as they make a purchase, ordinarily our customers would buy a few bars at a time and store them with the company and take delivery at a certain time of the year or when they had accumulated an amount certain. people are sensing the danger.
www.teamramgold.com/about-us if you want to become involved and get into the gold bullion business
Ya, because so many investors are long gold.
/sarc
I couldn't upvote you because Italics break the voting function ;-/.
That was maybe from some long time ago when folks had real diversified portfolios with maybe 25% or more in precious metals?
Not so much this time as last. Folks aren't holding gold as a portfolio asset like they were when gold was high-flying. More is being held as a long-term hedge against the zombie horde. Just my 2 cents worth, but I believe that we are seeing the lowest prices for gold in our lifetimes.
the manipulaotrs (JPM and others) now have a problem ? They can only affect the paper price here in USSA . China , India and other nations are not as tied to paper and prefer holding. That is why G&S have not bottomed much any further from 1200 for a long while, with constant and incessant pressure from the control freaks in charge ? Gold hanging around 1200 for many months is actually a very good sign and below that much is likely the bottom or where we are now. I think your thesis played out largely in this last downward thrust by the manipulators. Many were alrady out of G&S or had other hedge mechaisms in place waiting for a rise in paper prices. Of course paper prices are just smoke and mirrors except here in USSA today where every event and matter is just smoke and mirrors.
Long live the Pet Rock, Screw the Fiat.
http://www.kitco.com/news/2015-09-01/The-U-S-Fed-s-Looming-Rate-Hike-Nee...
The U.S. Fed Needs To Raise Rates For Possible QE4
By Daniela Cambone of Kitco News
Tuesday September 01, 2015 09:45
NEW YORK ( Kitco News) -- As markets digest the recent central bank meeting in Jackson Hole, Wyoming, one market participant says that the U.S. Federal Reserve has ulterior motives to push up an interest rate hike.
Keith Fitz-Gerald, chief investment strategist for moneymorning.com, noted that the central bank needs to raise rates to allow for a potential fourth round of quantitative easing. 'The Fed wants desperately to raise rates not because there is inflation but in the event they have to do QE4,' he said in an interview with Kitco News. The central bank has held short-term rates near zero since December 2008; the impending end of that era may be around the corner."
Fitz-Gerald acknowledged that it is counterintuitive to think they would raise rates to print money, but said it is the only option the central bank has.
'When you take off the rose-colored glasses and you get past the illusion of prosperity they try and create, it makes sense,' Fitz-Gerald said. 'Right now we have a zero interest rate policy -- the Fed can't do anything else if it has to -- what that tells me is that things are so difficult that they may have to resort to more money printing down-the-line and raising rates gives them the opportunity to do that.'
After months of speculation surrounding a September rate hike, the Jackson Hole Symposium showed a more concrete direction for an interest rate hike. The consensus from the gathering of world central bankers is that the Fed should begin tightening monetary policy with rate hikes as early as mid-September. Fed Vice Chair, Stanley Fisher, added to the speculation by noting that the Fed wouldn't need to see inflation pick up to justify a rate hike.
As for the September timing, Fitz-Gerald said it would be 'totally irresponsible.' Citing a weak China, a downbeat consumer, lackluster data and an America public that has been 'absolutely eviscerated,' Fitz-Gerald highlighted this is the wrong time to raise rates. 'They missed the window yet again,' he said.
On the topic of gold, Fitz-Gerald said investors should be looking at the yellow metal. Gold is off the 6-week high it hit in August on concerns over China's weak economy and stock market volatility, but Fitz-Gerald said investors need it in their portfolios. "No investor today can afford to be without gold - gold is not necessarily an inflation protector like everybody thinks it is but definitely correlated to interest rates," he said.
There never is a good time because there's always an excuse to keep holding on
Janet's print finger is twitching.
Janet has another one of them (now a ghost) looking over her shoulder, and sayin' "Darlin, you beautiful zhaftig bitch, we did try this in 1937 and 1938! We did I say. We thought we were smart!"
FLASH!!!! then the dream ends and Janet ...
two in the pink....one on the print button
Keep thoughts like that to yourself, Dude. I won't sleep for a week thanks to that image...
Bernie Sanders has just come out and said: " WALL STREET'S BUSINESS MODEL IS FRAUD ".
No one else has EVER said anything like that. (and he also hates the FED).
Yet, ZH posters are by a great majority in opposition to him. IMO, by far the best of the worst. So what are ya gonna do?
he has been sucking off the the tax payers for years n years n years n years; he has not done one fucking thing; now he flaps his gums after letting stinking naggers steal his mike; then HE apologizes to them. What a gutless piece of garbage
You sir, have serious issues and are not worth bothering to have discourse with.
You didn't build that discourse.
But a preposition you did end your sentence with.
A preposition was that with which you ended your sentence as well, Yoda.
Not if_ Butt:
So, you are a newbie here, kinda' ready for what you are thinkin' you are gettin' into.
First, when it is an ad hominem attack (look kid I know that where u are dey don't do old dead white and really smart guys to analyze, get a life) u lose.
Second, make an assertion, and then be prepared to support it. If you do this, and can't support particular features, then ya gotta' go back to doin' some homework and avoidin' da bud until u finish your work
Third, Go For Broke! Make the most wildest assertion you can, then absorb the so-called "hits". Don't settle for a spouse who will cave at anything about your assertions that <she/he> doesn't believe in.
child 'n ur 'theren, please listen.
Then go play.
Then tell me that this advice is misdirected!
- Ned
I have made attempts on various threads to make a case concerning Bernie Sanders.
RELATIVE TO OTHER (CHOICES).
Instead of lecturing me in a rather uncool condescending manner, why don't you present a case for one of the other outstanding candidates we have before us? I'm all ears. Thank You.
Not if_:
Actually, I kinda' like Bernie. Why? 'cuz we can actually understand him as a politician and as a proponent for a certain point of view. Kinda' what I was encouraging you to do.
At this point, I'm not really looking for differential choices as you try to make me state, I'm lookin' for someone.
Yep, ya learned the "lecturing" defense in probably the second session, then got onto the uncool thing (child, you don't know "cool" don't cha' know) lame second - order ad hominem attack.
Nice attempt at a reversal (did u wrestle? I'd bet that your homo-teaching staff did!).
OK: Obama is all ears, you can't think your way outta' da paper bag.
I'll let your early fall seminar in "How To Trounce Zero Hedge Posters: A Real-Time Course" to make a skosh' attempt to respond.
You are more than welcomed, and it might become a pleasure to continue this.
- Ned
{Lad, there are some honorable posters on this site who are mighty good at discourse. You might even get some entertainment value outta' dem!_
New_Meat - You're sort of an interesting character. You perceive yourself as a person who's an elder statesman here or something. I established a new posting name after years with an old one because I had a computer problem, had to change passwords all over the place, and was not allowed back on Zero Hedge without basically starting over as though I was a completely new participant. I consider you not as some sort of elder spokesman at all, but rather a pseudo "something" - I'm not sure what.
Some of you remarks border on juvenile intellectual postering. But most importantly, you appear to have either gone the abandonment route (or the Deez Nuts gig) or simply fear to identify anyone you would support and present your rationale for doing so. Either state a case for a candidate in our (admittedly supposed) democracy or have the decency not to attack those who do. The biggest loser of all is a very intelligent person who ends up not voting.
Bernie-Fucking-Sanders?
You're actually trying to make a case for Bernie-Fucking-Sanders? Why not Hollande or Castro or Marx himself? At what point did you lose your fucking mind and decide that THE FUCKING GOVERNMENT is the best recipient and giver of wealth & prosperity? Where are we at here in your head?
Was it before or after LBJ's "War on Poverty"? Before or after ObamaCare, Dodd-Frank or after the "Community Reinvestment Act"?
Lol I had to, almost spewed beer all over the screen...
sanders sounds okay, until he pulls out the bullshit covered, global warming dildo.
Re. I'm all ears.
DeezNuts.
BTW - the above was meant for bambawatson if not obvious.
You know what? Go fuck yourself. You haven't done a fucking thing, other than bitch and moan and complain and hate.
You're what's wrong with America, not boogeymen such as liberals or commies or whatever you think is holding you back in this world.
Showing your best again, I see, TP.
Socialists always have the best ideas, that's why everyone loves them so much...except for those who have to pay to make his dreams come true.
Most honest people can want the same things, simply just see a different path to get there. The socialist will always believe that all a person needs is a helping hand up and they will blossom. I know in my college years I believed that passionately. But after many decades since, working with lots of people, I have come to realize that MOST will do only the minimum. They will only work hard enough to keep their job, but not enough to advance. We would like to think that everyone is an A student because they are simply smarter than everyone else, but the reality is that most A students really have to work at it, and to look at a conventional grading curve (something that likely no longer exists) it tells us that most students really don't give a damn if they have a C average....as long as they pass. Given the choice between the dignity of working for a living or finding someone who will tell them they deserve a living regardless, many will accept the latter...happily. I myself have found that if I do not keep myself burdened with commitments to customers and employees, my productivity slides precipitously. Some need help and they WILL blossom, but most will not. They will sit and wait on another helping hand until the point of desperation before even considering real effort.
The problem with socialism and communism is that they are based on fiction, on theory, that has never really proven out. And as such, those who promote it are either delusional or more likely, just plain old con men who are selling something that doesn't exist. It may be true that working hard does not necessarily mean you will get ahead, but it is virtually certain that relying on redistribution for your life and security is doomed to failure.
Just my take on the world after 60 odd years
"based on fiction, on theory, that has never really proven out."
True of all human existence to date . . .
Hmmm... Alabama is what, #3 in the list of states in terms of net Federal dollars received?
Go channel your poor white trash angst by hunting some squirrels; should be a fair fight considering your cerebrum and theirs are a spot on match.
America is a fraud, so what are ya gonna do??
In a world where fraud is the only profitable tact, what else would you expect. Just be clear that America may be the biggest, but sure not alone in this. The thing about corruption is it relies on corrupt participants everywhere to work. Its a big club...and we're in it, just on the small end, low profit side of things where we KNOW not to cross the big dogs. The whole world is is on it.
I'll "Put this brick in it's face" and what's it gonna do about it?
Cheap rip off of Stitches but the song gets me fired up before a sales call.
I know Bernie Sanders quite well...long before most here ever heard of him...and I can tell you HE is a fraud.
senior discount denny's night?
sure, ill take your word for it and vote Hellary!
Sanders has also said that "the problem with socialism is that it just hasn't been done right".
He's a socialist who wants to sacrifice the proles "for the greater good". That greater good consists of kleptocrats, not you or I.
I won't waste any further time, for anyone who doesn't get it at this point will never get it.
Every socialist failure is followed by the claim that it did so because the fools that ran the failed system "didn't do it right". It's in their Bible.
Thieves fail every day, and its seldom their fault. When the shit hits the fan it simply means someone let the shit get too close to the fan, neither the fan or the shit's fault.
And Bernie Sander's solution is what?
1) End the Fed and go to honest money gold standard? (HAHAHAHAHAHAHA!!!!! What part of SOCIALIST don't you understand)
2) Nationalize the Fed and let .gov "manage" it "honestly" for the greater good? (welcome the new boss, same as the old boss)
3) End the Fed and let .gov directly take over central planning of economy? (welcome the new boss, same as the old boss)
More debt can't fix runaway debt. And more statism can't fix runaway statism.
Yah, well here is a newsflash for you sir.
One can agree with an individual position a candidate has, but still think they hold those positions for the wrong reasons, and ultimately think that a candidate's overall worldview is still more wrong than right or that other positions they hold are just simply wrong.
It was a long long time ago, but remember junior state senator from Illinois announcing his run for POTUS? It was historic they said. He said the EXACT same things about reigning in Wall Street.
That worked out...
Bernies' an old man, so why didn't he say that before and do something about it in the senate? Populist rhetoric to the base in the primaries doesn't count for much.
Bernie Sanders has been saying the same damn thing for years and years and years.
For example, here he is with Alan Greenspan in the year 2003.
https://www.youtube.com/watch?v=rPh-qGcYruw
Arthur - EXACTLY !!!!! Remember this is 2003. (BEFORE THE ECONOMIC CRISIS !!!). NOT a johnny-come-lately panderer.
1. point your webrowser to any internet search engine of your choice.
2. Do a search for "Donald Trump"
3. Make sure you filter everything where you get hits for *only* the year 2003.
Come back here and tell me what you get???
None of these people are complete idiots and every ideology has its merits. Lets just be clear here. Socialism DOES NOT WORK, especially not in a big, diverse society with radically varying perceptions of things. Communism would come the closest to working as it fully embraces dictatorship, tyranny and complete oppression of opposing views.
SO...if Bernie is willing to kill off or imprison half the population, reeducate another quarter, then maybe...just maybe, he can make a go of it.
Socialism for the Banks/MIC is OK
Socailism for the regular working guy is forbidden
Ron Paul beat that horse so often the horse finally got used to it and just stood there looking bored with him.
Plenty of people agree with him wall street is a fraud, as do I. What people don't like about him, myself included, is he is an avowed socialist.
there are a lot of ZH posters who cannot get beyond ideology and the man's history and look to the message and is receptivity by the populace and that message which has most points similiar to Trump
the left and right outside the mainstream see the Clinton/ Bush Party as deadly for the constitution and their welfare - why not see how that can be utilized for another approach rather than reactively attack
Not if_ But When, did bernie stand up in opposition to congress being exempted from insider trading laws? i doubt it. he is not the high moral socialist you think he is
so he is right about one thing and wrong about eveything else ?
He is a socialist. Someone who wants to make the world a better place but use someone elses money to do so. Fuck him in the neck. He can use his own money.
I like Sanders. I doubt if he has the balls to stand up against the monsters he must stand up to should he win.
Re. Bernie Sanders - somehow, I missed this. This is hillarious. In the land of the neutered, the one-balled wo-man is queen. Bernie in Seattle on Utube.
...IMO, by far the best of the worst. So what are ya gonna do?
Not a goddamn thing. I am not going to give Bernie Sanders any more consent to rule over me any more than I will give consent to any of the other asshats.
So, Bernies Big Banking Buddies Bought him a think tank....which in turn told him to build a campaign on
*We are going to take this country back*
Just like every other monster that got the throne.
So Bernie, is going to be different, just like everyone else!!
That same think tank, born of the same bank, will trot out Roe V. Wade for his opposition.
These tactics have worked on the unwashed masses for 300 years and counting, why abandon a good thing while it still works every time.
Think tanks love buzz words.
I reckon markets are simply shaking out the bulls. Arms index was above 5.5 today when ES took out 1900 stops. The bulls were panic selling.
My take is these markets are just going to print higher lows from which to rally again. Can't say how low this will go but I'm pretty sure we'll be rallying past triple witching, and probably up to September 16th, maybe 'til options expiry Friday.
"a sudden surge in the TRIN indicates a jump in trader lack of confidence, as everyone scrambles to either go long the 2-3 rising stocks, or to sell or short the biggest decliners, ignoring the bulk of the market.. "
Doesn't sound very sophisticated to me.
Sounds like some simpleton momo galloping with the herd bullshit.
You are correct. That very thing is what makes it an interesting indicator. Brokers going for the low-hanging fruit in a last ditch effort at profitability. Pretty clever when you think about it -- that there's an indicator for pure, obvious greed. Not even trying to hide the obscene act.
Well now...I'd say everything is going just swimmingly.
Yeah, but don't try telling investors that...
I find these "dead canary" references offensive.
#canarylivesmatter
and why hasnt Tweety bird™ sent a tweet on this?
He has chirpies.
It's a canarial disease.
It's untweetable.
40 years off offshoring. Remaining jobs pay 3rd world slave wages and now the whole system's collapsing because nobody has money to spend. It's really no more difficult to understand than that. I got nothing more than a high school education and I saw this train coming decades ago. Run for the hills, the con job is up, this sucker is coming down.
You just summarized a solid five years of Zerohedge articles and posts. Quite possibly the most concise comment ever.
It is no coincidence that the US left the gold standard in the 70s, and that inflation adjusted "standard of living" has been in a free fall since the 70s.
contrary to popular belief-- 'truth or fiction': europe, middle-east [saudi's?], etel., wanted to cash out their US Paper for physical, but[t] Nixon and Connelly beat-em away from the punch bowl,... with a grandiose response heard around the world... 'It's your problem now!'
Ref: "The dollar is our currency, but it's your problem" Oct/07 {Nixon Shock Aug. 15,1971 via Nixon/ Connally-- BW[Bretton Woods]}
http://www.ipe.com/the-dollar-is-our-currency-but-its-your-problem/25599.fullarticle
And that kiddies, is how we know there's no gold in Fort Knox.
You got it. The top harvests all the money and spends just a bit so no money velocity exits. The difference between what it takes and spends has to be borrowed. And then you have the global manifestation of wage arbitrage and influx of millions of illegal labor.
The economic system is cooked--but the amazing thing is that few understand why it happened; the bottom has no money to spend and the top pays no taxes and spends no money but harvests all the wealth which is then lacked up or used to speculate on capital appreciation.
But I thought Trickle Down economics was ordained by Gawd hisself and implemented by his profit and high preist Ronnie Reagan upon his ascention to Greatest President Ever in 1981 according to 80 IQs.
Isn't it blasphemous anymore to speak against the greatest economic system ever devised and implemented by the greatest president ever? Only the ultra wealthy are wise enough to know what to do with money anyway. Just buy their stocks and ride their coattails...and be grateful for it peons. /s...kinda
Fix'd It...[?]!
http://en.wikipedia.org/wiki/Trans-Pacific_Partnership#Protests
http://www.vox.com/cards/trans-pacific-partnership/what-is-the-trans-pacific-partnership
China will tell you it's economic sabotage,....
so does one tinkering with your countries purse warrant financial retribution engineering?
me thinks both can play the 'Great Game'
Gartman just spoke. He's slightly bearish.
even a broken clock is right twice a day
A clock with no hands is never right. Or it is a sign that time has run out.
That means the market is up tomorrow.
The dow futures spiked 100 points within an hour of gartment being "slightly" bearish. god damn, I'm glad he isnt "super" bearish. 8)
A TRIN spike can also be a sign of "move" or trend exhaustion. In other words, sellers may need a rest BUT when filtering TRIN with put volume, (tepper's favorite) we get a set up like 8-25-15 and 3-10-15.
Try $TRIN X $PVLCI-ST
A TRIN spike can also be a sign of "move" or trend exhaustion. In other words, sellers may need a rest BUT when filtering TRIN with put volume, (tepper's favorite) we get a set up like 8-25-15 and 3-10-15.
Try $TRIN X $PVLCI-ST
A TRIN spike can also be a sign of "move" or trend exhaustion. In other words, sellers may need a rest BUT when filtering TRIN with put volume, (tepper's favorite) we get a set up like 8-25-15 and 3-10-15.
Try $TRIN X $PVLCI-ST
try it 3 X
The Trin above 1 is BULLISH, since when is bearish for gods sake????
Back in the day - when there was some sense of normlacy or recognition of a "free market", a Trin >1 was incredibly bearish - not 500 down bearish, but, bearish all the same. But, I'd say for the last 7 years, the Trin has been more of a clue for demonstrating when the PPT is in action. VIX up BKX down, Trannies down, and when you see a Trin of 0.7, to me that indicates fucking shinnanigans, because it used to be that a Trin of ANYTHING over 1 was going to be AT BEST 50 down on the industrials. I mean it used to be that the VIX and the Trin ran together. Nuu uhh. Not anymore.
But I digress. The Trin, while not very useful anymore as a trading indicator, seems to serve as an excellent tell on whether the market is free and unfettered, or is quietly being bought by the FED on days where the VIX is way up, but the Trin is, say, 0.8. I hate those days. I fucking hate them.
So my folks just prepaid for their funerals. Dad will be 90 and mom 85. Any guesses what a cemetery charges to open up and refill the grave when done ? 1650 dollars. Ten minutes with a backhoe.
Broken . The bank has been charging them 12 dollars a month because their checking balance fell below 1000.00. 144 bucks a year to keep their money . Broken .
It is open season on police in our country . An Illinois suburban cop was murdered after having his weapon taken from him by three men he was chasing on foot. He was a 30 year veteran with 4 sons 26 and under left behind. Broken
We are financially , spiritually and morally a broken ruderless nation . We ha e no leadership. Money and power have become the gods we serve. We call good evil and evil good. It isn't coming back . Look around . Hope for the best and prepare for the worst.
Broken .
Graves? WTF for?
...Money and power have become the gods we serve...
This is not the first time and if time continues, it likely will not be the last. I was reading up recently on the Fulton Street Revival of 1857-1858 (a New York event) and the same was said of the times then. History repeats or rhymes? If so, then this too is "the best of times and the worst of times".
Interesting that the Christian fellowship of which I was raised in and am still affiliated with cannot theologically justify "revival", but historically, I certainly will not deny its happening nor its authenticity, in fact, I will earnestly pray for its reoccurrence and sustained presence not only here in the US but throughout the world.
The Great Awakening of 1857-1858
A good time was had by all. Enjoy.
Jmo.
Monkey shines in D.C.; monkey shines on Wall St. - They're making me look bad......
If you're NOT "in the market" then there is no need to worry or panic.!
You got any Dollars anywhere?
https://www.youtube.com/watch?v=_cE9mZvabsk
Oh YES you confuse the market histrionic moves on the upside with colorful banter but ZH we dismiss the craziness of the VXX and its products as a direct correlation of this decline. We have all witness a remarkable VXX induced rally on many occasion ....yet why not a over=crowded VXX downside move....the actually economy in the US is improving finally..the liquidity driven market will correct///
Oh YES you confuse the market histrionic moves on the upside with colorful banter but ZH we dismiss the craziness of the VXX and its products as a direct correlation of this decline. We have all witness a remarkable VXX induced rally on many occasion ....yet why not a over=crowded VXX downside move....the actually economy in the US is improving finally..the liquidity driven market will correct///
31.40 +2.97 +10.45% Vixx & that is just 1 day make... Oh it peaked at 40.74 today?!