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The Fun-Durr-Mental Driver Of Today's Buying-Panic In Stocks

Tyler Durden's picture




 

Spot the difference...

 

 

Crude and bonds ain't buying it...

 

Charts: Bloomberg

 

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Thu, 10/22/2015 - 12:34 | 6698905 Mark Mywords
Mark Mywords's picture

SSDD. Keep calm and just BTFD.

Thu, 10/22/2015 - 12:38 | 6698932 KnuckleDragger-X
KnuckleDragger-X's picture

Buy the dip, be the dip......

Thu, 10/22/2015 - 13:05 | 6699058 MadVladtheconquerer
MadVladtheconquerer's picture

Turn the dip around;

love to see reversal;

turn it upside down;

love to see reversal;

love to see it; love to see it.

https://www.youtube.com/watch?v=lZfPWp-VGKY

Thu, 10/22/2015 - 13:19 | 6699100 coinhead
coinhead's picture

So how are they planning on retaking DOW 18,000 again?  Global QE4 with negative rates, helicopter money and mandtory blue pill vaccines?

Thu, 10/22/2015 - 13:31 | 6699172 Save_America1st
Save_America1st's picture

maybe start serving all-day breakfast???

Thu, 10/22/2015 - 13:36 | 6699194 coinhead
coinhead's picture

....and if they get DOW back over 18,000 what good is that when people don't sell metal for "dollars" anymore?

Thu, 10/22/2015 - 15:02 | 6699527 MadVladtheconquerer
MadVladtheconquerer's picture

Well, given that at current price levels, the DJIA is only about 4.5% from 18300.  I expect they will keep doing what they have been doing to drive it up from the

re-test low of late Sept.  Actually, the Dow did not re-test.  S&P500 re-tested and bounced and that bounce continues as i type.  Back to +300.

The bottom is in.  At least for the time being.  And favorable seasonality commences as of Fri, Oct 30.

RUT and DWCPF look to be putting in an inner day today.  Churn.  Highs are being revistsed on SPX & DJIA and as I said, watch out for the

3:30 ramp.  The market does not want to go down (or some entity does not want that).  The moral of the story is Don't.  Fight.  The.  Fed.

Thu, 10/22/2015 - 13:47 | 6699119 Ham-bone
Ham-bone's picture

The more Japanese Yen is destroyed...the "stronger" the dollar...the cheaper the carry trade...the lower gold and PM's go and the higher stocks / bonds.

And since Japan's and the worlds demographics are bad and getting much worse, no worries any central bank will ever pull back on the reins - Japan's currency catastrophe is paper golds undoing!!

http://econimica.blogspot.com/2015/10/economicsart-of-deception-vs_20.html

Not sure if people understand Japan's population of young has already fallen nearly 50% from its peak and this same decline is working it's way through the population from the bottom up...Japan is depopulating at an astounding rate and yet continues to have net emigration and this will only accelerate as young look elsewhere for opportunity. 

Thu, 10/22/2015 - 12:46 | 6698970 zorba THE GREEK
zorba THE GREEK's picture

When reality hits, and it eventually will, it is going to be soooooooo painful.

Thu, 10/22/2015 - 13:02 | 6699048 MadVladtheconquerer
MadVladtheconquerer's picture

Whose reality?  Certainly looks like the reality of Don't.  Fight.  The.  Fed.  should be thumping off

skulls right about now.  THWAAAAAACK!  That'll leave your ears ringing for a week to ten days.

Thu, 10/22/2015 - 13:33 | 6699181 HopefulCynical
HopefulCynical's picture

MadVlad will be right—until zorba is.

Thu, 10/22/2015 - 12:59 | 6699038 Bluntly Put
Bluntly Put's picture

These markets are excruciatingly  painful to watch. It's like watching paint dry in a steamroom.

 

 

Thu, 10/22/2015 - 13:11 | 6699073 MadVladtheconquerer
MadVladtheconquerer's picture

Try watching cars rust then.  Bring some salt water to accelerate the process.

Thu, 10/22/2015 - 12:35 | 6698915 venturen
venturen's picture

1200 Yen here we come! 

Thu, 10/22/2015 - 13:15 | 6699090 MadVladtheconquerer
MadVladtheconquerer's picture

1200 yen to the USD!  Now wouldn't that be something.  Hopefully by Dec 14 too.

Hotel rooms for 10$.  Sushi on the Ginza for 1.50!  It'll be like the 1960s!!!!!

Except it will be a  First World country.  Geishas for 50$.  Yowza yowza yowza!

Thu, 10/22/2015 - 15:32 | 6699637 fockewulf190
fockewulf190's picture

Fish with three eyes...free.

Thu, 10/22/2015 - 12:36 | 6698919 Fidel Sarcastro
Fidel Sarcastro's picture

USD is doing the "Whip"

Crude is doing the "nay-nay"

Thu, 10/22/2015 - 12:40 | 6698937 cougar_w
cougar_w's picture

Stocks are turnt af.

Thu, 10/22/2015 - 12:45 | 6698963 somebody poison...
somebody poisoned the water hole's picture

stanky legg for USD tomorrow... ? 

Thu, 10/22/2015 - 12:50 | 6698983 Stockzilla
Stockzilla's picture

This post is classic.  I don't know what can top it.

Thu, 10/22/2015 - 12:40 | 6698940 Osmium
Osmium's picture

Correction is over.  Just had to have a small correction to show it's possible.

Thu, 10/22/2015 - 12:44 | 6698956 CosmicDebris
CosmicDebris's picture

I remember a couple years ago a ZH member saying the DOW would top out at 21,000 before basically crumbling/fan hit by shit. I remember thinking 'no way it gets that high. Now I'm not so sure. Hard to find any logic in all the insanity.

Thu, 10/22/2015 - 12:59 | 6699036 Collapsed_Elast...
Collapsed_Elastic_Pants's picture

The shit hitting fan days are over. Now it's just wafting farts into a magical expanding balloon.

Thu, 10/22/2015 - 13:26 | 6699152 cougar_w
cougar_w's picture

There is no upper bound. But at some point in all that the real economy will implode and wealth evaporate and real people with real problems to solve will simply stop paying any attentiion to stocks.

Thu, 10/22/2015 - 14:53 | 6699480 PlayMoney
PlayMoney's picture

Some of the worst data since 2009 in the last week or so and a 200 up day and almost 300 day today. Bad is goooooood. You just gotta laugh at how backwards the markets are.

Thu, 10/22/2015 - 12:45 | 6698962 scubapro
scubapro's picture

 

 

COT  total sp500 shorts comes out tomorrow....looking for new all time low I guess....to set up massive reversal?  if no one is short who will buy?   massive one way or the other trades....

Thu, 10/22/2015 - 12:48 | 6698979 voltrader66
voltrader66's picture

Up Up and Away...see you later ZeroRiskTakers. Go buy Gold and move to Bulgaria...hahahahahaha!

Thu, 10/22/2015 - 12:51 | 6698984 scubapro
scubapro's picture

 

thank you.    i often wait to hear the bragging come out to indicate the overconfidence ....marketwatch should have some image of a dead bear tomorrow.   time to buy exceptionally cheap puts

Thu, 10/22/2015 - 12:56 | 6699017 Keltner Channel Surf
Keltner Channel Surf's picture

For an alternative sport to watching central bankers roil currencies, today features Tottenham and Liverpool matches in the Europa league at 1 and 3 pm Eastern, respectively,  on Fox Sports 1. 

Thu, 10/22/2015 - 17:35 | 6700231 Grandad Grumps
Grandad Grumps's picture

So, how much "value" did the market increase today?

Not seeing the connection with the yen.

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