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Dow Up 400 Points From Monday Lows As Bad-News-Is-Good-News Rally Extends
More bad news - proving The Fed's projections wrong once again - appear to have enabled yet another USDJPY-inspired ramp ahead of tomorrow's FOMC statement.
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What difference does it make
Depends on how deep into the markets you are and how much Vaseline you have for when your bent over and held down.....
STFR
shemi ya tah tahs
Just pumping up ahead of Fridays "Free For All"...Moving on.
If i had any shekels to risk, I would short the piss out of SPY here
hpq cuts 30,000
oecd cuts global growth
s&p cuts japan
empire, retail sales, industrial production all miss + cpi goes negative
i don't believe in coincidence so seems like janet's been quiet for 64 days because she's been working the phones to get optimal timing leading into her PUNT tomorrow
gold up 17.00, dollar getting pissed on, equities up 400 points since the shit-data parade started says bets (algos/quants recalibrating) going on her taking a pass on a rate hike tomorrow.
oh, and need to know why rates are going up? look no further than china (needed to fund their market-on-close buy imbalance for the shanghai composite today) and japan (raising capital due to s&p).
"hpq cuts 30,000
oecd cuts global growth
s&p cuts japan"
And the FEd is sitting on ZERO for seven years playing pump the market. So, when was the last time the US entered a recession with rates already at ZERO? How did that play out? Inquiring minds and all that..
FED OFFICIAL: "Okay, let's take stock of our situation: we've used all our ammo, but the Zombies are still coming." "Any thoughts, Janet?"
JANET YELLEN: "Well, has anybody ever actually tried talking to these Zombies?" "Maybe we can convince them not to eat our brains."
Quick get the flamethrowers out
https://m.youtube.com/watch?v=6EKNGdRzEl4
last time we raised rates was 2006
2 years that followed were pretty good lol
Market pump to justify Mr. Yeller slappin us with a .25 hike?
The devil went down to Georgia and is selling Atlanta real estate!
BUY BUY BUY!!!
It is the super Gartmaneetah!
400 points?! ... but ... Blankfein just said the US economy is porked! .. what's wrong with this picture?
Chinese central planner intervention = Shanghai UP with a bullet
US central planner intervention = DOW UP with a bullet
QE4 stealthly injected.....
Shimmy shimmy ya, shimmy yam, shimmy tah
Gimme a rate hike so I can take it away hah
Off on a natural charge, bon-voyage
Yeah from the home of the Federal Reserve squad
Banker killer bees on a swarm
Rain on your college-ass disco dorm
For you to even touch my skill
You gotta put the one killer bee and he ain't gonna kill
Now chop the rate down, pass money all around
Stocks get hard quick cement to the ground
For any trader in any fifty-two states
I get psycho killer, Interest Rates
My CPI slam my flow is like bam
Jump on stage ah then I dip down
(I like the way you talk)
Ooh baby I like it raw
Yeah baby I like it rawww
Ooh baby I like it raw
Yeah baby I like it raww
Today is a good day to buy some far OTM puts and calls for tomorrow. Strangle that ugly hoe.
And watch the vol get sucked right out tomorrow?
You'll shoot your eye out kid!
So now not raising rates has the same effect as hinting at more QE?
Please make it stop.
markets are down max 6 percent from highs
S^P is around 2000!
and thinking about all zero hedge bs about a meltdown ......
Again zh prophet arrogance ....
zh is lacking humility .....
was wrong 4 years about the market direction
Market made a small correction so far and there is a festival at the Tyler's- ....this is arrogance!
Even if the markets tank now - Zh missed the strongest rally ever!
You would expect some modesty- " guys we were wrong for the pst years" sorry - but instead " we told you" "rigged" mother of all bubbles
get serious zh!
Everything is up. I have food to eat and new shoes to go jogging in. Oh, I forgot Bitcoin $228
More Market manipulation- Central banks buying share, large corporations using QE money for share buy-backs. What is the “actual” value of any of these stocks? The US economy is characterized by high unemployment, anemic growth (> 90% of “new” jobs are temp positions- low pay, no benefits or job security), exploding deficits, car sales propped up with sub-prime auto loans…………. When the crash hits it is going to be very severe and painful for an awful lot of folks.