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How Long Will This Last? (Answer: 14 Minutes)
Despite all the other asset classes pushing at the extremes of the post-payrolls moves, US equities are suddenly being panic-bought at the open and are now unchanged since the jobs data...
Spot The Odd One Out...
Normal...
The Answer... 14 minutes...
Charts: Bloomberg
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PPT has to save one asset class. It is easier to manipulate stocks than currency and bond market
Longer than you can stay solvent.
And in the longer term we are all dead. And there wasn't even HIV in Keynes' day..
it's blatantly clear to anyone that follows this crap - they "took over" since 2012 and there is no real market since. economic releases, media spin, HFT/algo manipulation...
it's like you have a couple of people in a control room of a large spaceship and they finally figured how to pilot it. there is a brake pedal, they just don't want to use it. the speed they are at makes it illegal, but they just don't care - no cop will stop them. it's all good for them.
unless you believe it's all a coincidence and things are great, that "investors" are jumping in whenever things turn south.
they decided to take it for one epic last ride.
Used to be when a country was failing the rich, elite and connected fleeced the country on the way out the door. Now its become a global fleecing by them since the failure is everywhere there is a central bank. Problem is where do they run to, where do they hide and where do they keep the money that the angry globe can't find them.
I wouldn't let these people drive down my driveway in a tricycle.
As Alan Greenspan said...."this will end badly"
^ truth
I have no question that the manipulation is orchestrated in a way that the .01% gets to take all the gains on the way up, and on the way down whenever that happens. Regular investors are playing musical chairs, while the .01% is in charge of deciding when the music is going to stop. What Greenspan should have said is, "this will end badly [for the serfs]".
Apparently, ZH did not get the memo:
"Good news is now good news."
Yours truly (without farts)
Janet (I eat) the Planet
You can't keep a good market down!
(Sarc)
AS long as the Fed levitates the markets Corp earnings do not matter as much which can allow for a stronger dollar. If this is the new reality then I guess we are at WAR
Buy Warhols, people !
usdx going for 100 and beyond
This will last until the S&P breaks the alltime high and then rebreaks it. They have no other hope than to brute force the market up and hope the new highs change the psychology enough for the rate hikes to be seen as harmless. It won't work but that is all they have left. Expect new highs within days. If you could see into the CBs accounts you would see where the 'market participation' was coming from... but you can't.
EIX is my proxy for market manipulation. It bottomed out just after 10 down 3.25% on no news. It moves when SPY shares are being liquidated (-) or created (+). The S&P moves down as people decide to ditch the market then 'someone' mysteriously decides it is time to start moving things and EIX starts a straght line upward as more shares of SPY are purchased than are offered and SPDR creates new shares to accomadate, subsequently buying the the underlying components to back the new shares. If you watch the bid/offer and actual shares traded you can frontrun these moves because the algos start ramping the bid/offer on EIX when they see shares of SPY being created even though no EIX shares are actually traded. Then there is a flurry of trades as SPDR makes its purchases. The opposite happens as SPY liquidates. Watch the ramp happen and compare the graphs. The 'who' behind the purchases has to be inferred. Maybe Joe Sixpack is watching and decides it's a good time to buy but I doubt it. Somebody is moving things and you can see it second by second.
So what's EIX? Surely not Edison Int'l?
Black Friday Sale on Gold.
HAHA gold, might as well recommend you buy silver too! What are you like from 2000 years ago with your old gold coins?
I would rather buy Facebook stock on my iphone while I am flipping houses.
WINNING!
just like you won in 1987, 1994, 2001, and 2008?
</sarcasm> there fixed it for you
Gold price DIDN'T change.
It value in USD changed, but all over the world in other curriencies gold is same price.
Who cares if US economy collapses gold will store same value :D
of course stawks are being bought at the open. that is the way its been for the past month and a half no matter what news there is.
good number is good for stawks, bad number is good for stawks.
this number is 1000 percent being revised way lower next month, they will report a terrible number in december, and then that will be the feds excuse not to raise rates bc they cant, and steve liesman will tell us how awesome everything is with the us economy.
nothing is bearish for stawks anymore,
How long? Until the cheap debt can no longer be serviced.
The only panic buying happening now is EUM and USD index. Panic selling in DJUA and most likely other int rate-sensitive
vehicles.
Market is hoping for just a 0.0001 percent rate hike, that's why stocks are up. haha
edit: HAHA equities
"It's under control, sir."
As long as Oclown remains in office the Leftest Marxists will protect his legacy as all costs.
Rest assured that the Right is just as Fascist as the Left are.....there is no difference other than their rhetoric and that is even miniscule now..... just look at the "new" speaker of the whorehouse
barry's legacy:
race riots, optional law enforcement, IRS fraud support, bias toward islamic terrorism, promoting the murder of cops, defaming the military, a total debt pig, a psychopathic liar, generally an annoying fucking asshole.
hey bankersa need their xmas whores, theyre in training now
GOLD BICHES !!!!
US gov needs cash to pay interest on debt.
Yellen printing will slow.
SPX has no buyers left after the central banks fuck off.
i repeat:
good news=good for markets, bad news=good for the markets, no news=good for the markets, lower rates=good for the markets, higher rates=good for the markets, rates unchanged=good for the markets, no nuclear war=good for the markets, looming nuclear war=good for the markets, nuclear war=good for the markets, good weather=good for the markets, bad weather=good for the markets, global warming=good for the markets, no global warming=good for the markets, ebola epidemic=good for the markets, no ebola epidemic=good for the markets, more poor=good for the markets, less middlleclass=good for the markets, more jobs=good for the markets, less jobs=good for the markets...