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'Rate-Hike-Loving' Investors Suddenly Dump Stocks, Commodities As Growth Reality Sinks In

Tyler Durden's picture




 

"They would not be raising rates unless everything is awesome, right? Right?!"

 

Since the dismal payrolls print in October (for September), stocks are comofrtably numb and higher as everything else is red...

 

Since the 'awesome' payrolls print on Friday, everything is red again... as exuberantly bouncing stocks give it all back...

 

It appears, once again, JPM's Kolanovic was right that "the rally drivers are gone, downside risks ahead"... As all major equity indices are red post-Payrolls...

 

Even though Trannies surged in the middle of the day on CP-NSC news...

 

Again we saw a panic VXX selling, S&P buying algo run wild in the last 30 minutes of the day... what a joke!!

 

Ramping S&P Futs to VWAP - to enable institutional-selling...

 

Wondering why we ramped? Wonder no more - someone wanted out in Financials at breakeven from Payrolls...

 

As Financials give it all back...

 

Once again stocks catch down to credit...

 

Treasury yields flip-flopped all day - major selling pressure hit early in the US day, then as stocks tanked so bonds rallied into the EU close and then yields drifted back higher on equity stability...

 

The US Dollar drifted lower  (on JPY strength) after some early strength (EUR 1.07 handle) on ECB jawboning...

 

Commodities all drifted lower on the day except gold which flatlined...

 

Silver extended its losing streak to 8 days as Gold broke its 8-day losing streak (longest since March)...

 

Charts: Bloomberg

Bonus Chart: Monetary Policy...

 

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Mon, 11/09/2015 - 17:06 | 6769311 Kaiser Sousa
Kaiser Sousa's picture

nice save at the 30 minute mark to avoid a 200 point plus loss and settle comfortably down no more than exactly 1%.....

hilarious...

Mon, 11/09/2015 - 17:22 | 6769373 Boris Alatovkrap
Boris Alatovkrap's picture

Boris internet connection is pour, no graph.

Mon, 11/09/2015 - 18:49 | 6769684 Rex THT
Rex THT's picture

/ug?Ouf/uif/ug/oug?Ougfycfyhkvgjkl

 

Not as bad as mine, I type up a thoughtful post and that's what comes out

Mon, 11/09/2015 - 18:56 | 6769793 Oldwood
Oldwood's picture

Nobody gives one fuck about GROWTH. This market...this economy, is premised on one thing...THE GREATER FOOL theory. They simply wait for the next greedy fucker, spout some nonsense to get them going, and once one falls for it they all go for it. Lemmings in mass, headed undeterred toward the upcoming cliff that ain't a cliff, only an altitude "correction" that will quickly be sorted out. Parachutes for one and all!

Sadly we will all suffer from this mass insanity, but when everyone else appears insane, maybe its only me.

Mon, 11/09/2015 - 17:27 | 6769395 xrxs
xrxs's picture

Dat ramp tho.  Insane.  "Markets"

Mon, 11/09/2015 - 17:46 | 6769472 BullyBearish
BullyBearish's picture

Choreography in motion...knowing in advance that the September jobs number would be "enough" to fix the lift off, they pumped the October market to give it room to "swoon" a little to load up the shorts before the next short squeeze rally past the previous highs because as we all know, higher rates are GOOD, an UP market says they are...mmmmmm, smells like R E C O V E R Y/ D E S P E R A T I O N

Mon, 11/09/2015 - 18:11 | 6769594 wizteknet
wizteknet's picture

hilarious

Mon, 11/09/2015 - 18:24 | 6769650 lakecity55
lakecity55's picture

I saw what they did there....PPT hard at work on our tax fiats!

Mon, 11/09/2015 - 18:57 | 6769798 El Oregonian
El Oregonian's picture

If investors financially fall in the forest, can you hear them scream?

Mon, 11/09/2015 - 18:27 | 6769664 glenlloyd
glenlloyd's picture

nothing better than the barfing clown...

Mon, 11/09/2015 - 18:44 | 6769738 xrxs
xrxs's picture

For my money, it doesn't get better than an unleashed, laughing Kuroda

Mon, 11/09/2015 - 17:07 | 6769312 pound the vix
pound the vix's picture

Where do they get the $$ to run those stops everyday at 3:30.  Never mind, PPT

Mon, 11/09/2015 - 17:10 | 6769322 KnuckleDragger-X
KnuckleDragger-X's picture

It's programmed in so the ugly isn't quite so obvious and the sheep won't panic......

Mon, 11/09/2015 - 17:34 | 6769421 DetectiveStern
DetectiveStern's picture

Where do they get the $$ to run those stops everyday at 3:30.  Never mind, PPT

 

CTRL P

Mon, 11/09/2015 - 18:25 | 6769656 lakecity55
lakecity55's picture

Where? CTL-ALT-PRNT

Mon, 11/09/2015 - 17:14 | 6769334 Soul Glow
Soul Glow's picture

The 3:30 ramp was on point.  Oh, and they'll never raise rates.  We'll just languish at these highs until the dollar can't buy a penny.

Mon, 11/09/2015 - 18:27 | 6769659 lakecity55
lakecity55's picture

So, buy the DJIA. Sell first thing at the open, then buy at 330 if it's a down day.

So easy a Khazar could do it!

Mon, 11/09/2015 - 17:17 | 6769346 jubber
jubber's picture

although I thought about shorting this last night, and wish I had you just know this shit will be 18000k + by Christmas whatever the fed does

Mon, 11/09/2015 - 17:27 | 6769348 Rainman
Rainman's picture

Macy's and Kohl's getting hammered on soft Xmas eXpectations .... another good reason to hike for Granma ! .... do it !

Mon, 11/09/2015 - 18:39 | 6769715 Arnold
Arnold's picture

Dunham's aisles are very narrow and packed,

Walmart has alotta room now.

Aldi's the same old same old.

Mon, 11/09/2015 - 18:39 | 6769717 Mr. Universe
Mr. Universe's picture

Macy's, Kohl's, Target, and JC Penny's are barbarous relics of the past. Wave a fond good-bye as they sink into the tar pits of fiscal insolvency.

Mon, 11/09/2015 - 17:27 | 6769394 Raymond_K._Hessel
Raymond_K._Hessel's picture

For your consideration:

http://seekingalpha.com/article/3667686-apple-is-buying-back-shares-like...

Parenthetically, the more I learn about Windows 10, the more I think Microsoft is in some real trouble.

You know, I dont mind a little tracking software, Bill, but this is ridiculous.

Mon, 11/09/2015 - 17:36 | 6769432 PontifexMaximus
PontifexMaximus's picture

Wrong you are

Mon, 11/09/2015 - 18:00 | 6769537 r00t61
r00t61's picture

Windows 10 is a virus, that also happens to be an operating system.

Mon, 11/09/2015 - 19:34 | 6769936 WhackoWarner
WhackoWarner's picture

Windows 7 will only come pre-installed until Oct.31 2016.  Disable the auto download update that puts the Windows 10 into spy and download mode ASAP.  Microsoft admits that there is really no way to take control as admin of Windows 10...and the built in spying, data mining is impossible to disable. 

Mon, 11/09/2015 - 19:52 | 6769996 r00t61
r00t61's picture

One alternative is the Long-Term Support Branch (LTSB) version of W10, which does not contain any of the telemetry spyware of the consumer editions.

Otherwise, I would set up a firewall (something built into your router or AP would be ideal) and never permit any Windows services to access the Internet - especially svchost.exe, searchui.exe (Cortana), and update.exe (Windows Update).

Mon, 11/09/2015 - 17:51 | 6769500 jtz5
jtz5's picture

You know the market is overpriced when 180 Dow Points is only a 1% sell-off. WTF.

Mon, 11/09/2015 - 18:33 | 6769689 moneybots
moneybots's picture

"... 180 Dow Points is only a 1% sell-off."

 

22% sell off on October 19, 1987.  180 x 22 = 3,960.

Mon, 11/09/2015 - 18:05 | 6769569 herkomilchen
herkomilchen's picture

This celebration is totally premature.  Save the champagne for after a fall back below S&P 2000.

Mon, 11/09/2015 - 19:36 | 6769945 WhackoWarner
WhackoWarner's picture

Nothing is really going to fall until all the big money unloads this garbage on Main St.

Mon, 11/09/2015 - 18:07 | 6769574 Two Theives and...
Two Theives and a Liar's picture

Raise rates...hahahahaaa..Raise....bwahahahahhaaaa...we STILL discuss this...like it will happ..hahahaha..en.  Long World War, Gold, and disgust.

Mon, 11/09/2015 - 18:22 | 6769634 Commodity_trader
Commodity_trader's picture

$43.30 serves as an important level to create a new bullish momentum. The RSI and other indicators are all lining up nicely for when the support at $43.30 holds. 

http://tripstrading.com/2015/11/09/oil-daily-43-30-level-as-trigger/

Mon, 11/09/2015 - 18:37 | 6769699 alexcojones
alexcojones's picture

All I remember is Seal Team 6 taking out Osama bin Lying and then Silver (AU) got smacked down that VERY SAME night.

Then Seal team Six got disapeared before they could talk.

ALL controlled ....until it ain't.

Keep Stackin' Bitchez

Mon, 11/09/2015 - 18:58 | 6769813 Crocodile
Crocodile's picture

Well i guess it is "buy the dip"?  This is so pathetic and no viable alternative to stop these unabated thieves.

Mon, 11/09/2015 - 19:44 | 6769974 WhackoWarner
WhackoWarner's picture

Sure there is.  Get your money out of the system. Hold real assets away from banks.  Refuse to buy stocks and if you do take delivery of the actual share certificates.  Examine any bank's books that hold any of your cash.  Crawl through the books of your stock broker before you open an account.  Take your money out of any trapped retirement funds and put your investments in your sole control.

Have cash within reach and a few minor boating accidents where nobody knows the lake.

I guess you could try and game along with this setup.  It will work until it does not.

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