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Stocks Slammed Into Red For Week As Biotechs Break Key Support
The "moar easing" hope-strewn panic-buying of the last few days is rapidly turning into regret as US equity markets tumble back into the red for the week. The biggest driver today appears to be pressure on the Healthcare sector driven by Biotechs collapse and break below a key uptrend...
But moar easing... The plunge in stocks has a very 'liquidation' feel to it...
As Biotechs break support...
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"liquidation feel"...I like the sounds of that.
Do not forget; bad is good; if the S&P drops below 2000, then we may have a "long squeeze" and people will continue piling on the short, the HFT via PPT with low volume to the rescue to fleece some more. Rinse and repeat till no blood is to be had.
Forgot to add that if those "tools" do not work, then add some FED verbiage into the mix and that should complete the job. Cannot allow to this to blow while Obama is in office or until he becomes the "King" or similar title, but they would need a scapegoat so he is adored and not blamed or he looks like the "man that saves the day".
Ackman, Glencore, Biden, Trafagura, and soon the EUR Banks... Everyone starting to capitulate.
It's the massive fairy dust shortage, but the Fed can make more with the touch of the button.....
Button ?
QE or Nuclear ? Oh, Both.
Pathetic, isn't it?!!
damn, missed it, too busy doing my job
USDJPY to the rescue!
Tractor Beam
https://youtu.be/YUdktxbK9bA
I'll get that 'liquidation' feel when i see more negatives,and they shut down shop early...been seeing to many of those "it's happening now" lately.
How about "Biotechs Bugger Bollinger Bands"?
Do not forget; bad is good; if the S&P drops below 2000, then we may have a "long squeeze" and people will continue piling on the short, the HFT via PPT with low volume to the rescue to fleece some more. Rinse and repeat till no blood is to be had.
Forgot to add that if those "tools" do not work, then add some FED verbiage into the mix and that should complete the job. Cannot allow to this to blow while Obama is in office or until he becomes the "King" or similar title, but they would need a scapegoat so he is adored and not blamed or he looks like the "man that saves the day".
Market is confused,next stop FEAR,then......
On another note,according to "die welt": hundreds of school gyms troughout germany have been confiscated to house "REFUGEES" and the number is growing dayly. Germany faces a serious thread of public uprising,this is not going to be pretty! will the MERKEL removed from office? stay tuned
This time, it's for reelz seriously....well unless you discount all the FED induced short squeezes and whatever currency pair 'tractor beam' and whatnot.
I feel we have been over this before. Buy the fucking dip you fucking idiots.
Don't worry, its not a Ponzi scheme it's a buy the dip scheme, ya feel me?
Power failed here for a couple of minutes (highly unusual anytime, let alone in perfect weather) and stocks briefly reversed higher at the same time. Maybe there's a short in the PPT's buy button...
Well the HFT's and PPT have brought the biotech back into the green and they still have an hour left to really crank it up.