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War Is Bullish: Stocks, Oil Surge Off Paris Panic Lows After Dismal Economic Data

Tyler Durden's picture




 

Stocks End Green - The Terrorists Lose!!

 

This just seemed appropriate... (WARNING - Highly NSFW!!)

 

Because if one thing says Buy Stocks - it's ISIS showing just how ineffective Western governments and intelligence is in the new normal, raising uncertainty, an unprecedented 5th recession in 5 years in Japan and dismal US Empire manufacturing data...

 

Cash indices perfectly bottom-ticked as Europe closed...

 

The Dow and S&P recovered all of Friday's losses...

 

Of course the real reason for the rally is 'Gartman'!

Dow Futures are up over 400 points from the opening lows...

 

SUNE Sucked...

 

And Clovis was crapped on...

 

*  *  *

"123" was really all that mattered to the machines in charge of the manipulation...

 

But it was crude that really ran the show...

 

VIX was clubbed like a baby seal... with all sorts of noisy tails...biggest drop in 4 weeks

 

VXX dropped over 10% - the biggest single-day drop since October 2013!!!!

 

Sell Vol when the terrorists strike...

 

Credit markets continue to get crushed (with loans back at 5 year lows)...

 

Treasury yields were not as excited as stocks... 10Y ended the day unchanged...

 

Decoupling from stocks once again...

 

Perhaps this is why... (near record net spec shorts)

 

The USDollar rallied notably on EUR weakness... (1.06 handle)

 

Commodities were very mixed with copper and PMs drifting lower as the dollar strengthened...

 

Most notably crude again as algos could not help themselves...

 

As Copper plunged to fresh lows not seen since April 2009 - down 9 days in a row!

 

Charts: Bloomberg

Bonus Chart: SKEW (tail risk) is once again blowing out but VIX (normal risk) is relatively fearful perhaps signaling another abrupt drop in stocks is due...

 

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Mon, 11/16/2015 - 17:09 | 6801507 Wait What
Wait What's picture

Psychopaths

Mon, 11/16/2015 - 17:35 | 6801622 TBT or not TBT
TBT or not TBT's picture

Bah.  This move is derivative of Fed credibilty, which drops in the face of any material sign of headwinds (war is just like bad data about the real economy), which means party on Wayne, party on Garth in the fake.economy, because more free money.  

Mon, 11/16/2015 - 18:14 | 6801783 Boris Alatovkrap
Boris Alatovkrap's picture

Economic data is mild distraction, but Boris is long on war, short on peace. This is not end well.

Mon, 11/16/2015 - 18:31 | 6801872 Money Counterfeiter
Money Counterfeiter's picture

More dope, must have more dope.

Mon, 11/16/2015 - 19:09 | 6802059 asteroids
asteroids's picture

Kill a hundred people and the market ramps. Imagine what it would do if you killed 1,000 or more.

Mon, 11/16/2015 - 20:47 | 6802369 Racer
Racer's picture

They kill lots of innocent people all the time, why do you think the market is doing as well as it is!

Mon, 11/16/2015 - 17:09 | 6801509 Rainman
Rainman's picture

See ? ...the machines are programmed to determine which level of murder and mayhem is awesome for stawks.

Mon, 11/16/2015 - 18:06 | 6801749 Salah
Salah's picture

War? bullshit.  They're going to run it back to 18K and a massive dbl-top, and then pull the old Mexican Prez 6 yr. shit-flush.  The sheeple will see a GOPer take over, and think, "Oh, the new guy will fix things" ...worked for the PRI in Mexico for 70 yrs. Gringos need a duopoly to give the appearance of "competition". 

Mon, 11/16/2015 - 18:18 | 6801796 Boris Alatovkrap
Boris Alatovkrap's picture

Boris, as foreigner, is observe Amerikansky politik and is one conclusion. Republikan and Demokrat is same, but only difference is not freedom or conservative principal, but who is more heavy on gas as economy plummet over cliff like 1966 Baby Blue Thunderbird.

Mon, 11/16/2015 - 17:10 | 6801510 Consuelo
Consuelo's picture

That poor clown in the comic strip - he's always hugging the toilet...   Does he never have a good day...?

Mon, 11/16/2015 - 17:10 | 6801511 hedgeless_horseman
hedgeless_horseman's picture

 

 

Which Team America character is Simon Potter?

Mon, 11/16/2015 - 17:12 | 6801524 Wait What
Wait What's picture

INTELLIGENCE, fuck yeah!

Mon, 11/16/2015 - 17:17 | 6801517 Kaiser Sousa
Kaiser Sousa's picture

So Empire index miserable....Dow rallies...

Bombing nad mass shootins in Paris which has nothing to do with US economy....Dow rallies....

Escalating hostilities in Syria with France bombing without the permission of the current GOVT. and in violation of international law...Dow rallies....

this countrys economic and financial state is a fucking joke....

DEATH TO THE MONEYCHANGERS.

Mon, 11/16/2015 - 18:46 | 6801931 BullyBearish
BullyBearish's picture

The best 43 minutes you'll ever spend:

 

http://www.youtube.com/watch?v=5hfEBupAeo4&sns=em

 

https://vimeo.com/128064406

 

 

 

 

Mon, 11/16/2015 - 17:11 | 6801518 Dr. Engali
Dr. Engali's picture

Yay people are getting slaughtered, time to buy stawks.

Mon, 11/16/2015 - 19:05 | 6802043 foodstampbarry
foodstampbarry's picture

Fuck yeah!!

Mon, 11/16/2015 - 17:12 | 6801520 RawPawg
RawPawg's picture

this kind of news makes a person wanna retire from reading ZH

Had such high hopes for this online rag

maybe switch to more War Talk

Mon, 11/16/2015 - 17:17 | 6801552 RawPawg
RawPawg's picture

fully expect the down votes from the hardcore readers

forgive me...just frustrated and venting out

 

Mon, 11/16/2015 - 17:43 | 6801655 RawPawg
RawPawg's picture

wow..down votes for just being honest?

yous guys are brutal.

Mon, 11/16/2015 - 17:53 | 6801686 RawPawg
RawPawg's picture

^^^^yeah,i deseved that

Mon, 11/16/2015 - 18:02 | 6801735 A Nanny Moose
A Nanny Moose's picture

<-Tough crowd.

<-Too soon.

Mon, 11/16/2015 - 18:33 | 6801883 JamaicaJim
JamaicaJim's picture

OK Mister 12 weeks.....whatever

Mon, 11/16/2015 - 17:13 | 6801526 Arthur Schopenhauer
Arthur Schopenhauer's picture

I'm a pervert: I like to watch.

Mon, 11/16/2015 - 22:01 | 6802637 Implied Violins
Implied Violins's picture

That only works until they come for your eyes. And they will. Just...watch.

Mon, 11/16/2015 - 17:14 | 6801537 new game
new game's picture

one flew over the coocoo street....

Mon, 11/16/2015 - 17:15 | 6801545 pound the vix
pound the vix's picture

Drop in stocks, Ha Ha Good one

Mon, 11/16/2015 - 17:16 | 6801546 WTFUD
WTFUD's picture

Permabull(shit)

Mon, 11/16/2015 - 17:16 | 6801548 firewire888
firewire888's picture

just think few more attacks and we will be at new highs

Mon, 11/16/2015 - 17:18 | 6801555 Kaiser Sousa
Kaiser Sousa's picture

and of course it wouldnt be a complete fraud without this bonus bogus chart.....

http://www.kitco.com/charts/livesilver.html

Mon, 11/16/2015 - 17:24 | 6801578 thismarketisrigged
thismarketisrigged's picture

Amzn and facefuck recover all there 2 percent plus losses of course in the afternoon due to i guess strong fundermentalssss!!!!

 

up 230 pts on dow bc of fundermentalss!!!!

 

MURICA!!!!!

Mon, 11/16/2015 - 17:28 | 6801597 Hohum
Hohum's picture

All in all, the Dow and S & P negative YTD.  Believe it or not, the magic is starting to fade away.

Mon, 11/16/2015 - 17:57 | 6801700 inosent
inosent's picture

It looks like there was selling into the event. Foreknowledge. Same old thing. Then comes the buyers. In terms of price action, this is a bull market. There is no reason at all to expect the market not to break into new all time highs.

The seller has a downside objective of the old 2007 high. That is a credible objective, but if the indices blow up way past current highs, you can be sitting on that short for a very long time - 12-18 months. There is no getting around it. If you want to buy or sell this action, you must have stops. Once I see a pretty big blast off above the current highs I will build a pretty good short. No stops needed then. Been waiting a long time. If the market crashes from here, well, I miss trade.

Mon, 11/16/2015 - 18:01 | 6801726 brodix
brodix's picture

Heck, it was that picture of Obama and Putin. World War 3 has been put off for a few months.

The one missing from that picture and probably most unhappy would be the House of Saud. What are the odds the powers that be decide they really are the odd man out and the magic carpet gets pulled?

Mon, 11/16/2015 - 18:01 | 6801728 nakki
nakki's picture

Im not sure what everyone is worried about. The US spends 1 trillion more a year than it takes in,  banks can lend out 10 times the amount they hold (okay maybe 20x) while using your money as collateral and paying you nothing in interest, and when they get in trouble just get free bailout money. Perhaps we shouldn't worry about rising mandatory healthcare, rising housing cost, no default student loans, and stagnant wages. We are obviously in a sweet spot, with zirp and QE taking the world by storm. Just look at that economic juggernaut Japan.

Don't worry about an endless war on common sense, don't worry about 200 trillion in under funded liabilities. Don't worry about companies that make at best 3 products being valued north of 1 trillion dollars.

Its all just bullshit paper chasing paper, that will either be devalued beyond your wildest imagination or defaulted on. At this point there is no way out we should all know this by now. So take advantage of these good times and enjoy the ones you love.

Mon, 11/16/2015 - 18:36 | 6801852 homebody
homebody's picture

I do not think that Apple owns any factories. 

 

or google or facecrap or twit

Mon, 11/16/2015 - 18:10 | 6801768 SSRI Junkie
SSRI Junkie's picture

crude and s&p, strange bedfellows

Mon, 11/16/2015 - 18:48 | 6801957 firstdivision
firstdivision's picture

I'd love to know how many politicians and bankers scooped up CLVS put options.

Mon, 11/16/2015 - 19:11 | 6802069 Playtime's Over
Playtime&#039;s Over's picture

Gawd this is embarrassing. How long did the roaring twenties go on? The fat pigs are gorgeing on our carcasses. Man this is going to get ugly.............someday.

Mon, 11/16/2015 - 19:14 | 6802082 Aussie Battler
Aussie Battler's picture

This system is so grotesquely corrupted it's just wow.

When you can place markets where you want them to go, nothing else matters.

Mon, 11/16/2015 - 19:24 | 6802108 FreeShitter
FreeShitter's picture

Look at the eyes of every "stock" analyst on msnbc, none of these vampires sleep. How can you when every fucking day in and out is pure manipulation. You are going lose more than you win at this stage of the game.

Mon, 11/16/2015 - 20:33 | 6802328 I AM SULLY
I AM SULLY's picture

Dr. Copper says Dr. Wallstreet is full of shit.

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