This page has been archived and commenting is disabled.

Bonds Baumgartner'd As Bullard Bounce Bruised By Hillary Bursting Biotech Bubble

Tyler Durden's picture




 

Stocks love the smell of Bullard in the morning...

 

And then Hillary struck... the pretty Biotechs

 

China opened weaker but was rescued...

 

But US Futures show the moves better than cash today... As Bullard's chatter (because FF futures didn't budge) talked stocks up before Hillary spoiled the party...

 

Which left cash indices swinging around...Small Caps closed red on the day as Nasdaq was rescued from red...

 

NOTE - S&P 500 closed exactly where it opened... (and only Dow and Trannies closed higher from the open)

 

Post-FOMC, Gold and The Long Bond remain bid, stocks lower...

 

Some context within Dow Futures suggests this dip may not be over...

 

As Hillary crushed Biotech hopes and dreams...

 

This was The Biotech ETF's biggest plunge since April 2014 (testing the 200DMA - $74.47)...

 

The other stock story was AAPL (and TSLA) as iCar chatter picked up (for 2019)...

 

Late in the day, VIX was smashed to the lows of the day... but just look at the lack of excitment in stocks...

 

Treasury yields were smashed higher... as volatility remains extreme

 

Credit markets did not get the message...

 

And remain in deep red warning territory...

 

Bonds & Stocks decoupled with USDJPY running the show...

 

The US Dollar was well bid today from the open in Europe to the close in Europe (sold during Asia and flat after Europe closed)...

 

Gold slipped modestly on the day (notably less than the USD would imply) with Silver and Copper flat...

 

As Crude erupted again (supposedly on OPEC comments of $80 oil by 2020)...

 

And Texas' other famous produce is tumbling...

 

Charts: Bloomberg

Bonus Chart: Is Hillary just following Bill's lead?

 

- advertisements -

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.
Mon, 09/21/2015 - 16:10 | 6575993 Sanity Bear
Sanity Bear's picture

you could keep the headline alliteration going by replacing "Hillary" with her most common description

Mon, 09/21/2015 - 16:20 | 6576055 J Jason Djfmam
J Jason Djfmam's picture

Bill's Big Butted Bitch Busts Biotech!

Mon, 09/21/2015 - 16:40 | 6576142 Larry Dallas
Larry Dallas's picture

Its truly amazing. Everything this woman touches turns to shit.

Mon, 09/21/2015 - 18:17 | 6576499 Bloppy
Bloppy's picture

So now they're counting on an "iCar" to keep this POS market afloat? It won't be available until 2019 at the earliest.

 

 

 

Ben Carson aide turns trick question against CNN

 

http://tinyurl.com/nnjhr2q

Mon, 09/21/2015 - 16:12 | 6576004 DetectiveStern
DetectiveStern's picture

Nothing else matters on the day we found out David Cameron put his cock in a dead pig.

Mon, 09/21/2015 - 16:37 | 6576129 Slippery Slope
Slippery Slope's picture

Who? Hillary?

Mon, 09/21/2015 - 16:48 | 6576187 DetectiveStern
DetectiveStern's picture

Well she is a bit on the porky side...

Mon, 09/21/2015 - 16:43 | 6576159 Winston Churchill
Winston Churchill's picture

Dug up Maggie.Necro bestiality is probably legal under some law that was never repealed.

Bit like the mandatory one hour of archery practice English serfs

are supposed to do every Sunday.Still on the books.

Mon, 09/21/2015 - 16:12 | 6576006 adr
adr's picture

I love the Tesla algo rescue. Does every plunge have to result with a Fibonacci retracement and algorithmic gyration to VWAP?

It is like programs are written just to seek out quick plunges just to run them back up for immediate profit.

Nobody would specifically write programs to do this right?

Mon, 09/21/2015 - 16:17 | 6576039 saints51
saints51's picture

Nah you just don't understand what you see. This is what my teachers told me in common core high.

Mon, 09/21/2015 - 16:30 | 6576101 khnum
khnum's picture

Grasshopper you are ready to leave the temple

Mon, 09/21/2015 - 17:31 | 6576331 BandGap
BandGap's picture

It's the symmetry of the financial universe.

Mon, 09/21/2015 - 16:14 | 6576020 mtndds
mtndds's picture

Unleash the Bullard!!!  HAHAHAHAHA.

Mon, 09/21/2015 - 16:14 | 6576023 Keltner Channel Surf
Keltner Channel Surf's picture

 “It’s My Market”          from    “It's My Party”            by  Lesley Gore (1963)

(For ‘malicious’ short-sellers everywhere)

It's my market, and I'll short if I want to
Short if I want to, short if I want to
You will short too when the bulls say ‘adieu’ 

I think I know where Lockhart has gone
‘Cause Bullard left the same time
Why did they go see that Doors cover band
When stocks are still far from new highs?

It's my market, I’ll buy puts if I want to
Puts if I want to, puts if I want to
You’ll get some too when ZIRP goes askew

No ‘all-time’ records, keeps plunging at night
Just leave me alone for awhile
Till they start enacting QE, I've got no reason to smile

It's my market, I'll fade SPY if I want to
Dump SPY if I want to, short SPY if I want to
Think you should too, ‘fore it hits 102

Lockhart and Bullard just got back from The Doors
And Dennis has been whistling
It’s “The End”, oh what a surprise
Now Jimmy’s startin’ to sing

It’s their folly, they can lie if they want to
Lie if they want to, lie all they want to
You would lie too if your scheme was through

But, it’s my market, and I’ll FAZ if I want to …

Mon, 09/21/2015 - 16:21 | 6576061 macholatte
macholatte's picture

 

Good job Keltner.    +10

Mon, 09/21/2015 - 16:15 | 6576026 KnuckleDragger-X
KnuckleDragger-X's picture

Welcome to Monday.......

Mon, 09/21/2015 - 16:17 | 6576027 Chuck Knoblauch
Chuck Knoblauch's picture

Did the Clinton foundation go short on bio-tech recently?

Some how she is criminally benefiting from this move.

Crime is the only thing this bitch understands.

Get out before you really get hurt by the next criminal move.

The fbi/sec/doj is dickless when it comes to Hilda.

Mon, 09/21/2015 - 16:20 | 6576056 Pool Shark
Pool Shark's picture

 

 

That was my exact thought when I saw her Tweet.

As you say; somehow, she (and her corrupt 'Foundation') are profitting from the carnage she caused...

Mon, 09/21/2015 - 16:16 | 6576031 ghostzapper
ghostzapper's picture

USD absorbed the Yelenningus and still working its way around inside that wedge/triangle.  EURUSD heading to 1.04 maybe the ole DXY is in fact gonna break out higher again.  

Mon, 09/21/2015 - 16:17 | 6576041 ebworthen
ebworthen's picture

Oh sure, Hillary is going to straighten out big pharma and Wall Street...

*cough*

 

Mon, 09/21/2015 - 16:19 | 6576052 Chuck Knoblauch
Chuck Knoblauch's picture

follow the money on this criminal

Mon, 09/21/2015 - 16:28 | 6576088 HardlyZero
HardlyZero's picture

Hillarious.

Pretty soon the Bubba or Trump's Shoe Shine boys will be calling the shots.

Mon, 09/21/2015 - 16:17 | 6576043 wcvarones
wcvarones's picture

You screwed up the alliteration.

Bonds Baumgartner'd As Bullard Bounce Bruised By Bill's Battle-ax Bursting Biotech Bubble

Mon, 09/21/2015 - 16:18 | 6576046 Normalcy Bias
Normalcy Bias's picture

I bet his is just a Jesse Jackson style shakedown by the Hildebeast. Scare the hell out of Big Pharma, then the MASSIVE bribes (sorry, I meant "contributions") start flowing into her rotting campaign and "Foundation."

Mon, 09/21/2015 - 16:20 | 6576051 Rainman
Rainman's picture

Hard to imagine Bubba didn't get the heads up from Hitlery over the weekend and put on a big BTK short ..

Mon, 09/21/2015 - 16:29 | 6576096 Lmo Mutton
Lmo Mutton's picture

I could not say it 6 times fast.

Mon, 09/21/2015 - 16:42 | 6576152 Not if_ But When
Not if_ But When's picture

Hillary must have been so excited to find an issue that she could finally pander to the voters about that she must have gone out and bought a quart of lubricant so her dried up cobweb cunt would be able to cream all over her panties. 

 

(Baby Huey-sized panties)

Mon, 09/21/2015 - 16:52 | 6576196 Thisisbullishright
Thisisbullishright's picture

So with cattle prices tumbling I should sharpen my steak knives and get ready to pay less than $10 a pound for fucking sirloin??!

Yeah right....

Mon, 09/21/2015 - 16:53 | 6576199 Panafrican Funk...
Panafrican Funktron Robot's picture

I think the main thing to consider here to is that it isn't just high yield that sucks relative to equities; investment grade bonds are also huge laggards to equities.  IG bonds and the Dow usually run in lockstep.  It will revert to the mean at around 11K Dow; this is the true value of equities in nominal terms.

Mon, 09/21/2015 - 17:01 | 6576226 Bill of Rights
Bill of Rights's picture

Disgusting the never ending manipulation in the mining sector, they're not even hiding it anymore .

Mon, 09/21/2015 - 22:57 | 6577519 Klaatu
Klaatu's picture

Why hide it, no one does shit about it anyway.

Mon, 09/21/2015 - 21:13 | 6577152 yogibear
yogibear's picture

LOL, Bulltard always comes out to influence stocks.

The Fed has become a joke.

Tue, 09/22/2015 - 07:15 | 6578038 Why.Not.
Why.Not.'s picture

I have discovered that my appreciation for alliteration definitely has a limit, and you found it - then kept going. Don't do that again.

Do NOT follow this link or you will be banned from the site!