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Because the worst jobs data in years is reason to BTFD at a record pace... what a farce...
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"liquidity" drink.
This is the biggest fail, wtf, for the entire world to see. I think they have been exposed. The fall will be epicwhen it comes.
Re-run of September 17, 2015?
Who buys this $hit at these levels given the current macro-economics?
Morons, hedge fund criminals, the beast system worshipers, debt 401k slaves, the federal reserve, other criminal central banks, illegal money printing banks....that's who.. I just got some confederate "money" framed to remind me why you need metals backing up paper. US dollar soon to be wallpaper. Get ready.
When you have backed yourself into a corner by your own words, change the game.
Fed's original mandates: Full employment, price stability
Then it picked up a new mandate: Full employment, price stability and stability of financial markets
And with these minutes we know see they've added a fourth: Full employment, price stability, stability of financial markets and support of the entire world's economy.
What is being celebrated in the markets right now is that last additional mandate. They can now point anywhere in the world and use it as an excuse not to raise rates. It's a lie, of course (reality is they're in the greatest liquidity trap of all time). But it's a lie that will work.
MAY THE FARCE BE WITH YOU fellow shorts.
People who know there's a shit-ton more money printing and NIRP just around the corner.
People who may hate the criminals but realize they might as well make money, because the CBers are going to do anything to keep asset prices up. Don't fight the resistance. Tyler is fucking clueless on how to make money.
Easy. The goal is to take out the S&P 2020.86 high. That's where all the stops are. Once they ramp to 2020.86 and hit all the buy stops and get everyone to buy from them above 2020.86 then it will drop.
All that money from the reverse repurchase agreements held by the Federal Reserve: Maturing within 15 days: https://research.stlouisfed.org/fred2/series/RREP15 had to go somewhere. Why stop at 2020? Go all out and make your mama proud.
And to think, AAPL has NOT participated in this.
How many Z-hedgers were short today?
Screw fundamentals. They mean nothin'. No way de Fed will ever let all dem public pension funds go broke...
Bitchez!
+1 On days like today Z-H s would have been shorting into the ramp after the minutes were released.
Been there, done that, have the t-shirt. Lesson learnt.
I don't want to know who taught them economics.
This is one of the most goddamn ridiculous things I have ever witnessed in the stock markets.. I have never laughed so hard in my life, but it is a painful laugh as I have been buying puts the last 3 days..
Buy Team Fucking Depends a drink! Can't take much more....
I think it's time for Plan #9...
May the Frace be with you my fellow shorts
Hopefully some unpatriotic selling action in China will bring the market back to its senses
The market no longer has any "senses." It's simply a controlled zombie. Forget everything you ever knew about fundamentals driving price action, and for heaven’s sake don't bet on it.
All of that is a joke now.
Profit on misery is what it is.
The whole idea is like earlier years QE wouldn't stop because data was poor. But now its in hopes of new QE which hasn't been formally mentioned.
"But now its in hopes of new QE which hasn't been formally mentioned."
well you can bet your ass someone knows better.
Less payrolls is moar profits. You no longer need a job in order to be a consumer in the new and improved EBT economy.......
Fed officials love a party. Needs. More. Juice. Only 10 years without a rate increase, what's wrong with a few more years of stealing from savers and pensions to give to governments and corporations at this point they figure?
Bernanke's book should have been titled, "The most purposeful asset bubble ever created"
http://www.bizjournals.com/houston/news/2015/10/02/houston-energy-compan...
Barry's recovery spreads to another energy company.
Everyone is front running the next round of QE.
Agreed. Pretty obvious that's what it has to be. Sure as shit ain't no macroeconomic reason to be hopeful.
you throw everything you got in a last gasp Hail Mary....when you ain't got nothing(else) to lose.....no surprise there...go big,or go home.
Size Props to Gartman and Cramer!!
and stopped clocks everywhere!
exceptional....
thanks for the discount on some more physical Gold and Silver u fucking fraudulent banker fucks.....
You seem to be mellowing over the long march of time, Kaiser. What gives?
Stocks more volatile than Bitcoin now
What I just witnessed in Gold and Silver is just proof THAT they are just fucking with us now.
The bottom looks to be in. +200 on the DJIA today by the close?
It is what it is. Bulls make money; bears make money; pigs (and idiots) get slaughtered.
Hint: be a bull or a bear.
DJIA, DJTA and SPX appear as though they will close above their fiddys today. An assault on the 200day looks to be next.
They kill the shorts, then pull the rug into next week's options expiry? ;)
Seems like in the face of low vol, the HFT algos ran run it up as high as they want or nearly so.
My shorts were exploding back in Aug and early Sept. Now underwater. They were designed to protect longs.
The (re-)gains on the longs are outstripping the losses on the shorts but still....... Doing their job as insurance. Sort of.
I find that working out really relieves the aggravations of the day. :) Off to the gym.
Is it turning or is the 3:30 ramp going to come at 3:45???
Often, when it's OE-related they try to close on high or low of day. Just to catch as many on the wrong side as they possibly can. Looks like they'll miss today.
perhaps, easier to manipulate as the players become fewer and fewer for sure...
same as it ever was (at least until the killing starts in earnest)
According to my research, markets move in cycles, of which the table of 7 days (5 trading days) plays an important role. For example, when the 21, 35, 42, 63 day cycle line up, it’s Time to get ready for a change in trend (S&P500).
http://tripstrading.com/2015/10/09/sp500-how-cycles-take-their-time/
Today, OCT 8, points at a 7, 21, 42, 119 and 154 day cycle (TripsTrading Cycle Model, TTCM).
Tomorrow and Saturday represent a Bradley Model Date, OCT 9 and 10.
If the total cycle lasts 63 days, the decline will last till OCT 26. The 1850 -30 Price Target is based on the Negative Reversal of SEP 30.
So the cycles seem lined up to change the short term trend.
FREE MONEY FOR EVERYONE FOR EVER (on wall street)
Exhibit A of the farce they refer to as a "market"
The crash will occur when all my shorts will be evaporated.....
and it doesn't looks to me at all that Central bankers are losing control....
Quick, close your bloody shorts then :)
"it doesn't looks to me at all that Central bankers are losing control..."
Oh, they haven't lost control, they're just climbing higher up the mountain switchbacks and accelerating and the guardrails are getting thinner with greater spacing between. The inevitable plummet will be truly epic. And we're all in the car, kidnapped.
And the dollar is bid on expectations of an interest rate hike. Go figure.
VIX is at 17? Really? Everything is zero-risk all of a sudden?
VIX is not what it used to be, it's a cord that gets pulled, as when Bernanke calls for his butler ...
"Get your money for nothin' and your vix for free?"
"I want my Fed TV"
KCS you can knock that one out of the park, no?
I'm unofficially retired from parody-land, have 5-6 more in inventory to post, if market conditions warrant. I nominate you, Squid, to take to baton, given your prior music biz background. I imagine you'll want to start with the Captain and Tennille ("ZIRP, ZIRP will go on forever, think of the Fed whenever ...")
"A million voices screaming out in agony!"
Talk about burning shorts, yikes!
Glad I'm not in the casino!
17200 then pull it.
May the farce be with you!
Well that was totally unpredictable...
Fed manipulation rules the markets. Nothing else.
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"Because the worst jobs data in years is reason to BTFD at a record pace... what a farce..."
For fucks sake. Just TRADE this damned market -- make some damned money -- and quit whining about everything being some sort of god damned conspiracy!
"For fucks sake. Just TRADE this damned market -- make some damned money"
There is no "market" beyond "Tulip Mania" speculation. True price discovery is dead and that which cannot go on forever won't.
When that happens, when the next unforeseen event triggers a market reality epiphany, there will be just a whole lot of people in line way ahead of you to get the hell out, assuming that the day trading sites are still up.
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Are you on drugs? There is "no market" I put money to work every damned day in THE MARKET.
I think all these "conspiracy" type bullshit artists are just pissed because they blew up their accounts and can't trade for shit. What could be the other reason for all thsi cry baby wah wah ?????
C'mon people! The gift has been handed to you all and you sit there complaining. Ridiculous.
LOL we got ourselves a .gov worshpping faggot who belives in the BLS numbers. Everything is fine - it's not lke we've ever had 0 percent interest for 7 years and counting before. Careful, you don't want to sel your sould for the almight dollar, it's not worth it. If you don't like us, then why are you here? Go suck on obam's dick somewhere else.
Venezuela's stock market does pretty well too. Total farce. Not fighting the tape -- will be interesting to see what the Fed's balance sheet looks like today.
Well at least the 'bad news is good news' market is becoming quite predictable and easy to play.
Nothing has changed, now a retest of August lows.
I am convinced the Federal Reserve has been buying stocks with unaudited money to try and prop up the stock market. What's to stop them?
Who else is powerful enough to reverse -280 point drop in just a few hours ??
No casino for me. Nest egg too necessary to gamble with. Now if ol yellar were to guarantee my principle (will not drop) then sure. Is that the equivalent if helicopter cash?
What is the volume and strength? My guess we are seeing the PPT inject EO 12333, Title 18, Section 6 corp funds, and everyone else is following the trend. At some point, the funds run out, if not before someone cuts them off. Then the bottom falls out ..
More bankers sentenced to prison by the Supreme court in Iceland today.
http://icelandmonitor.mbl.is/news/news/2015/10/08/iceland_jails_bankers_...
Most of the top bankers from the failed banks have now been sentenced to prison, and lots of cases are making their way trough the justice system.
Its good to have a working justice system that ensures fair play, otherwise bankers could rip people off left right and center without ever having to worry about punishment of any sort.