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Stocks, Commodities & Credit Collapse As Retail Rapture Wrecks Rate-Hike Hype
But "hawkish" was "bullish"?
Roughly translated....
A Week of turmoiling...
- S&P -3.2% - worst week in 3 months
- Retail -8.2% - worst week in 4 years
- VXX +17.9% - biggest week in over 2 months
- VRX -8% - down 7 of last 8 weeks
- AAPL -6.4% - worst week in 2 months
- Financials -3.2% - worst week in 2 months.
- Copper -3.5% - worst week in 2 months (down 5 in a row)
- WTI Crude -8.7% - worst week since Dec 2014
- HYG -1.7% - worst week in last 7 weeks
- HY CDX +35bps - worst (non-roll) week since Decmber 2014
- Long Bond +0.8% - best week in last 4
- 5Y Yield dropped 5bps - most in over a month today
Futures markets show a clear pattern throughout the week of US session weakness and overnight recovery...
Nasdaq closed very ugly on the day...
Which left Small Caps worst but everything red for the week...
Retail pukefest...
FANG FUBAR since FedSpeak began...
TWTR back below its IPO price...
And Camera-on-a-stick below its IPO price...
Eveything is red since FOMC...
Financials and Energy wewre ugly this week....
As financial stocks catch down to credit once again...
Stocks year-to-date...
Once again "123" was the number that mattered... As soon as Europe closed, USDJPY ramped to 123.00 dragging S&P Futures with it... and then rolled over...
Trannies caught down to Crude once again...
Stocks are catching down to credit...
Treasury yields closed down notably on the week after consistent early selling and late buying... (with today's rally the biggest of the week)
The dollar ended the week modestly lower against the majors...
Commodities were a bloodbath this week...notice the similar pattern in the USD and crude...
Gold closed lower for the 4th week in a row - lowest weekly close since Jan 2010...
Crude carnage...
Charts: Bloomberg
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Crashing into Friday close. I can't remember---is that bullish?
It's ground hog day I betcha
Bill Murphy interview with The Doc and Eric Dubin just posted via SilverDoctors:
GATA Chairman: Gold Cartel is On All Out Attack for Annihilationhttps://www.youtube.com/watch?v=3dLlVEmnzO0
Unconventional Monetary Policies Likely Mean Rate Hikes Nearly Complete...Not Just Starting
This time around, the hiking process began with the QE taper over 18 month ago...and the finish is coming in early 2016 and more accomodation right behind that.
http://econimica.blogspot.com/
No Its Friday the 13th!
Some sociopathic central banker will drop some hint of more accomodation over the weekend. And the algos will kick in on the futures market to crush the shorts yet again next week.
And people say you can't predict the market......HA!
Probably +30 S&P on Monday open, same old shitshow.
PBOC up Sunday night. They'll try their damndest.
Dropping hard after hours too. Enjoy your weekend Pavlovian BTD dogs. Your day of reckoning is finally upon you.
BTFDs
Liftoff! We Have A Liftoff!
Yep. Time to celebrate. Maybe with a new bank holiday! LOL
Will this shit show please blow up already?? I am getting tired of waiting. I am also getting old (43) and would like to handle this why I am physically fit and ready.
you sound like me...3 months ago
must be a newbie to this ongoing "show"
btw..i'm 50ish(the stakes of survival are higher),color me jealous
hang in there...it's gonna happen
Three months ago? LOL.
Many of us here have been waiting for this shit for years.
just hang on, stay ready, be patient, and keep preparing. You can never have too long to prepare, especially if you're just getting started with stacking the phyzz.
This is a great time to stack silver high at these criminally manipulated all-time low prices.
Take advantage of this secret gift from these evil motherfuckers now while you can still get it. And be patient. We're definitely closer to the shit hitting the fan now than we have ever been. It'll be here soon enough and when it really starts we'll all wish we had another day or another year to prepare more for it.
Like I tell everyone: stack long-term food and water storage, clothing, guns, ammo, medical supplies and other essential supplies (batteries, nails/screws/tape, whatever you value, etc.), fishing/hunting/camping supplies, cash, and last but definitely not least, stack that silver phyzz as much as you can fit into your budget on a regular basis.
You will be light-years ahead of 98% of everyone else after the SHTF.
Ironically, that's going to be the hardest thing on people like us because we're definitely going to be outnumbered by a lot of pissed off, disillusioned, and desperate people. And the government ain't going to treat us too kindly neither.
But that's just how it goes. Hence guns, ammo, knives (almost forgot about knives too!) lol
But what am I supposed I do with these 8 year old MRE's?
Bait
at least the ammo doesn't go bad...unlike the food supplies
Ordinarily, would say eat what you store, store what you eat. Those MRE's are not so appetizing though. Homeless shelters maybe?
I was thinking of those guys at the intersection with the cardboard signs that say, "Hungry homeless Vietnam vet. Please help. God bless!"
You know, the ones who are fat, tanned, in their late 30's to early 40's, etc. Give them the MRE's and watch them chuck them and stay there for more. Give them enough to eat for a week and see if they leave.
Their SUV is usually parked around the corner.
On like DonkeyKong...
Years is right.
My balls auditioned for the Blue Man Group.
pods
When the market takes over not sure how many will be ready.
I'm 50, maintaining. But how long, anyones guess.
58 here, and anxious.
52, hoping for the giant meteor to strike DC, skip across the Atlantic ocean and take out a few "select" cities on the other side.
53, and very grateful to the cartel for suppressing the price of gold, giving me more time to accumulate at a most excellent discount to what the price would be without $4.5 trillion of postponing judgement day.
Agreed. I know the mining stocks hold great promise, but are very tricky. Right now you can see tremendous volatility of the prices, but what's funny is, nothing has happened yet. The true reason for an increase would be increased earnings. But we all know the mining companies for the most part are in debt, in the dumper, with thin margins. So why a 6% increase in the stock in a day? That's just the algos, pushing the prices around. Well, when the SHTF, those stocks will go up, and up for a real reason. Imagine mining profits at $3,500 an ounce or more. Well, right now the real McCoy makes plenty of sense, so keep stacking.
I'm with you there. The downside in South Africa, where I live, is that the workforce is very militant, so you have to factor in that when the SHTF, while the price of gold rises, the economy in SA will collapse (which it is already doing), which means lots of layoffs and serious civil unrest and instability. So SA gold mines have this added layer of socio-political risk that makes them a very risky proposition.
50+ here too, but i do sense the next recession is just around the corner and this concept...
because they did not bust the bad debt in 2009 we ended up servicing it so the next recession is likely going to have a bigger impact with all that old debt still there and all the newer stuff piled on top.
There methodology will be to do the same ... so at some time all the accumulation of bad debt on bad debt is definitely going to turn us Japanese ... vapours, remember the record.
RULE 1. IF YOU INTEND TO USE KEYNES.
You must have a periodic recession because all the Keynsian easy money creates too many bad investments that have to be cleasnsed before you end up with more bad debts than good.
Jugdish ,
No kidding. I was a lot more fit 8 years ago with visions of walking out with a back pack or even pulling a cart. Now, I watch this site and others and realize this Yellen crap sandwich is going to be served hot from China or Russia or some illegal any day. And I am not going anywhere.
The concept and usefulness of negative numbers will be demonstated shortly.
what hath janet wrought?
As lousy as the fundamentals look for crude, I wouldn't be surprised if some bigmouth oil sheikh(s) try to jawbone the crude market higher over the weekend. No way do they want 2015 lows to be taken out.
I actually think the Saudis would be okay with a 20 handle. All they care about is crushing US production. The Iranians aren't worried either. They're eager to sell their oil no matter how low the price goes, just to raise some cash and establish a market.
My main concern here is traffic congestion. With pathetically low gas prices and a record number of sub-prime auto loans (not to mention bailouts to defunct car makers) there's just way too many damn cars on the road right now.
The number of cars on the road is directly proportional to the true unemployment rate.
When people are working at a job then they are not driving as their cars are parked.
If they are driving around then they are seeking work or money. They cannot afford to be driving aimlessly.
Thus Gas Prices also decline in the vicious feedback loop. So does demand for OIL.
I understand the Saudis are running a huge budget deficit. Sure they want to crush US production, but if they could keep their spigots flowing and jawbone the price higher, I think they would try it. I can't believe they will watch oil continue to collapse without at least some verbal intervention... though who knows if that would work. Meanwhile, I am fine with cheap oil (and gas). I don't feel sorry for them. Whatever happens re. any jawboning, if oil eventually does snap back, I think it will move fast.
http://www.theguardian.com/world/2015/oct/07/oil-price-slump-turns-saudi...
We completed our island above 2050, lookout below.
No doubt this time around the ones that were caught flatfooted in August were able to position themselves correctly. All thanks to bonus seeking CEOs destroying billions on stock buybacks.
ZH, AK 47 shooting on 2 bars in central Paris. Several deads
False flaggin again? Goods timing, things were too predictable
That's obviously wrong. Only ARs kill people. Not AKs.
The volatility will continue until all of the muppets have had their nuts smashed flat with the algo hammer.
It's like a squirrel out in the middle of the road with lots of traffic.
Odds are, no matter which way he runs, he's gonna be tire food before he hits the curb, and runs up a safe tree.
One must ask the question, after literally DECADES of this sort of thing and H1-B visas bringing Asian workers into the USA to work COLLEGE LEVEL jobs, is it any wonder the American economy, for the average White person, is in the tank. Then add in Obamacare, TPP, TiSA and more and more immigrants, well...
Fury and Fear in Ohio as IT Jobs Go to India
IT workers are training their replacements
90% of US Naturalizations from 3rd World
More than 160 Asian-American Groups File Briefs in Support of Affirmative Action
Emil Guillermo, NBC News, November 3, 2015
More than 160 Asian American and Pacific Islander groups have filed amicus briefs calling for the U.S. Supreme Court to uphold affirmative action policies at the University of Texas at Austin.
Federal 'welcome' guide for new immigrants touts welfare in 14 languages
75% of population growth since 2000 from immigration, 100 million more by 2065
Add in Affirmative Action for these immigrants and you've got a pretty serious situation.
The Banksters MUST pay, they really must for all they've done...
Professor Kevin MacDonald’s ‘The Culture of Critique’ Reviewed
Dr Kevin MacDonald's chapter on immigration
Watching Bloomberg and these 3 ass clowns are:
1, Stating that Americans are more willing to dip into their savings to buy stuff. Umm, maybe people have NO FUCKING CHOICE but to dip into their savings so it really isn't about willingness.
2. Dope in the middle says that this a good thing. No comment but if I see him out in the street I would take a dump on his driver's side car door.
"Buy" means "replace" broken shit priced at top dollar. Zipper on my Trump hood just broke and I am FURIOUS. Worn 3 times, washed ONCE. Fuck this popsicle stand. Burn the whole fucking place down right after a Burning Man send off for the People Who Are Responsible for this Disaster called our life.
Use a Sewing Machine and repair it. You do know how to do that, right?
If not then you can take the time and LEARN THE SKILL OF BEING A SEAMSTRESS that will be useful and marketable during the aftermath of collapse instead of whining about it. here.
I think his name is Jo or Bo or similar..but he uses a lot of math to forecast the stocks..he said it would take a big hit in November...his accuracy rating in the past is impressive
You! Get! NOTHING!! LOL never gets old.
to the, er, FAZmobile?
Economy hadn't changed. This feels orchestrated. Big money telling Yellen not to raise rates. Milk and honey dor them.
Supply and demand economies give investors, customers and producers enough time to adjust to the trend/mitigating factor such that they are not financially ruined FOR LIFE. This is all orchestrated by the most evil men to live on planet earth.
This is starting to look uncannily like the market we were expecting to have last month.
Let's call it 'Crude Clubbed' and 'Copper Carnage' this time, versus vice versa.
If this is Friday the 13th charts just imagine how fucking crazy next April fools day charts will be ... :-)
I figure the world comes tumbling down. bigger they come the harder they fall rinse and repeat bitches.
IMF says no higher rates for you.
Finally some good news.
And yet natty had another 'opposite day'. Merely a recurring coincidence; must be.
Shale getting crushed is bullish for Natty, the current Natural Gas oversupply is left-overs from the Fracking. If shale complex collapses Natty should go way up. It's at multi-year lows and cheap as shit now anyway so load up. Made easy 7% on a Natty swing trade today.
WTI Down -> Less Fracing and Oil Production -> Less Natural Gas -> Higher Natural Gas Price
big swinging braggart!
,)
Where is that video of that guy slicing open the beached whale and the stinking, rotting guts exploding out of it's belly?
It is about time the sheeple learned that if they stop spending the corrupt system will collapse. An economy built on credit, free money, no production, imported crap,..... can not stand.
These are not crashes. It's just liquidities drying across markets that spawn the volatilities. You should be riding pretty on EM Credits & Currencies, they have less resources to catch shorts.
OPTION #1 : hold rates.
OPTION #2 : raise rates.
OPTION #3 : lower rates.
As always, the predators-that-be fake everyone with false alternatives.
Which option will the federal reserve actually take on December 16th?
OPTION CHOSEN : QE4ever.