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This Is Bad News For Market Manipulators

Tyler Durden's picture




 

It appears the "go to" manipulation to rig stocks higher - the so-called VIXtermination algo - has lost its juice...

A 1.5 vol crush in VIX managed a mere 6 point rise in the S&P 500 (20% of what would have been expected!!)

 

 

Riggers - you have a problem! Paging Larry Fink some new ideas...

 

Charts: Bloomberg

 

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Thu, 09/10/2015 - 16:27 | 6532825 Tsar Pointless
Tsar Pointless's picture

The market, to quote Dark Sith Lord Cheney, is in its last throes.

Thu, 09/10/2015 - 16:47 | 6532955 negative rates
negative rates's picture

That was well tribulated.

Thu, 09/10/2015 - 17:09 | 6533070 SoilMyselfRotten
SoilMyselfRotten's picture

It may have a small impact on the S&P but to VIX holders it's a kick in the balls at 3:45 every trading day lately

Thu, 09/10/2015 - 16:28 | 6532832 MANvsMACHINE
MANvsMACHINE's picture

I'm sure they'll figure out something other way to get the results they so desire.

Thu, 09/10/2015 - 16:34 | 6532876 KnuckleDragger-X
KnuckleDragger-X's picture

They'll bend it in a circle till it screws itself......

Thu, 09/10/2015 - 16:28 | 6532836 lehmen_sisters
lehmen_sisters's picture

WE ARE GIVING IT ALL WE GOT CAPTAIN

Thu, 09/10/2015 - 16:53 | 6532991 negative rates
negative rates's picture

Captain, the colonel say we have major problems here, the minors are on strike, the scouts are worthless, the lieutenant is drunk, the general is missing and the marshalls wife is dead. you are on your own from here on out.

Thu, 09/10/2015 - 16:59 | 6533015 NotApplicable
NotApplicable's picture

Exactly what I thought upon reading this article.

Thu, 09/10/2015 - 16:33 | 6532868 buzzsaw99
buzzsaw99's picture

The social pages say I've got
The biggest balls of all

I've got big balls
I've got big balls
They're such big balls
And they're dirty big balls...

Thu, 09/10/2015 - 16:37 | 6532896 r3ct1f13r
r3ct1f13r's picture

Crabs, sea food, cocktails
RIP Bon Scott
Damn I love to play drums through that entire album, great work out.

Thu, 09/10/2015 - 16:33 | 6532869 Calmyourself
Thu, 09/10/2015 - 16:59 | 6533001 Save_America1st
Save_America1st's picture

yep...they're a bunch of stone-age scumbags for sure.  No doubt about that.

But this is how the globalists are going to overthrow the west and bring in their tyrannical NWO. 

So they're giving us a choice between viscious, homicidal stone-age mugwumps and/or the tyrannical, genocidal, sociopaths of the NWO.

I'm thinkin' we better get organized and get ready reeeeeaaaaal soon, folks.

Keep wakin' people up.

#2ndAmendment

Thu, 09/10/2015 - 16:34 | 6532877 Fahque Imuhnutjahb
Fahque Imuhnutjahb's picture

Larry Fink said to dump KY on all the Bloomberg Terminals and wait for fat finger mayhem.

Thu, 09/10/2015 - 16:34 | 6532878 LostWages
LostWages's picture

It's the Shemitah buying panic in the VIX.  Black Monday coming to a market near you shortly.

Thu, 09/10/2015 - 16:39 | 6532909 Oldballplayer
Oldballplayer's picture

Let me see, the market run by the Tribe goes down on the day that ONLY the Tribe takes off.  Nope, not coincidence there.  Its God's will.

Fri, 09/11/2015 - 00:02 | 6534530 Phoenix901210
Phoenix901210's picture

I've seen the number '7' around a few times recently. I wonder is a nod to the 777 drop of one of the previous shemitah's!

Thu, 09/10/2015 - 16:38 | 6532900 discopimp
discopimp's picture

Haaaa, looks like other algos have figured it out and are apply the opposite trade...

Thu, 09/10/2015 - 16:43 | 6532931 khnum
khnum's picture

If the algos ever become self aware then it will be over quicker than a rabbit gets rooted

Thu, 09/10/2015 - 16:39 | 6532910 lasvegaspersona
lasvegaspersona's picture

The problem in believing just anything is that soon you'll believe everything.

Yes they have kept this 'market going way past it's sell-by date but that does not mean they can do it forever.

We are at the end of a long act III. The fat lady is warming up. The end is near.

Thu, 09/10/2015 - 16:43 | 6532932 Tsar Pointless
Tsar Pointless's picture

I repeat from another thread.

High of day on S&P: 1965.29 or 1911. Low of day on S&P: 1937.19 or 1919.

Final score on S&P: 1952.29 or 1999.

So, I guess tonight, we party like it's 1999, for tomorrow is 911.

And that's the 411.

Thu, 09/10/2015 - 17:13 | 6533088 Not My Real Name
Not My Real Name's picture

10-4

Thu, 09/10/2015 - 16:46 | 6532947 Winston Churchill
Winston Churchill's picture

No problem, make it 3 phase @ 240v.

 

Thu, 09/10/2015 - 17:28 | 6533169 highwaytoserfdom
highwaytoserfdom's picture

Yea  Larry Fink  http://business.financialpost.com/investing/global-investor/china-calls-... THAT'S RIGHT THE GUY THAT PUT IN THE MORAL HAZARD OF MBS MARKET......     Like China does not have a real estate  bubble... 

 

Larry has all the pensions of the gubment guys with the guns and they do anything but prosecute crimes of usury sloth and theft..

VIXtermination algo    Brought to you by Curly Larry and Moe      better known as wall street, Washington , FED

 

 

Thu, 09/10/2015 - 17:54 | 6533283 gmak
gmak's picture

They're smashing that Vix harder than a failed coup in Sub-Saharan Africa.

Thu, 09/10/2015 - 18:18 | 6533363 wizteknet
wizteknet's picture

Probably since it was mentioned out loud it peaked at 40 on that day.

Thu, 09/10/2015 - 18:26 | 6533394 Sudden Debt
Sudden Debt's picture

Okay... so we're really going through with the crisis collapse thing he?...

Fuck... I liked the dream...

Let's hope they can stop it and fix it for another 7 years.

Honestly, I'm scared shitless for what's comming. And I prepared bigtime but I've hoped I never needed it.

Oh man this is going to end bad.

If I look to the number of people who are already running on the afterburners to hold on, it only mean there's going to be a massive amount of missery comming.

 

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