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"Buy The Terror Attack Dip" Continues: Dow Recovers Post-FOMC Losses As Crude Bounces Back

Tyler Durden's picture




 

While initially the market's reaction to The FOMC Minutes was summed up in 1 perfect clip...

 

 

 

 

 

We forecast the market's reaction ahead of the minutes...

 

And as one can see...that's what we got...

 

So if everything is awesome - why did The USD drop and 30Y bonds rally?

 

But did manage to push stocks into the green post-October-FOMC...

 

But the Buy The Fucking Paris Terror Attack Dip (BTFPTAD) rally continues to extend...

 

The Nasdaq is up 2% today!!!!!

 

Oh - and a Fed rate-hike is now bullish for EM stocks!!!! WTF!

 

VXX was headed downhill all day...

 

Treasuries were mixed today with the long-end rallying and short-end selling off, espcially after the minutes...

 

As the 2s30s curve and stocks decoupled again...

 

After an initial kneejerk higher, The USDollar faded lower after the minutes were released...

 

Commodities mixed with silver, gold, and crude all practically unchanged as copper drifted to new cycle lows...

 

Crude did its usual heavily manipulated v-shaped recovery after the minutes (despite soaring inventories)...

 

Charts: Bloomberg

Bonus Chart: Deja Vu again...

 

Bonus Bonus Chart: Remember stocks have gone nowhere in 15 years absent FOMC days...

 

Bonus Bonus Bonus Chart: Certainly looks like time to raise rates!!!

 

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Wed, 11/18/2015 - 17:10 | 6810639 KnuckleDragger-X
KnuckleDragger-X's picture

Reality is vastly over-rated, so keep piling your money into fairyland cause unicorns gotta eat too.....

Wed, 11/18/2015 - 17:16 | 6810687 Bloppy
Bloppy's picture

The most disgusting rally ever. Even massacres can't slow down this Yellen-fueled greed for one minute.

Wed, 11/18/2015 - 17:36 | 6810797 Big_Hitman
Big_Hitman's picture

my best friend's mother makes $98 /hour on the internet . She has been unemployed for 9 months but last month her payment was $19743 just working on the internet for a few hours. hop over to here... www.wallstreet34.com

Wed, 11/18/2015 - 17:52 | 6810892 froze25
froze25's picture

Man, she must be soar.

Wed, 11/18/2015 - 17:55 | 6810908 Soul Glow
Soul Glow's picture

War is the health of the State.

Wed, 11/18/2015 - 17:53 | 6810903 PlayMoney
PlayMoney's picture

They wouldn't hire me because i masterbate too much when on the net. Bastards.

Wed, 11/18/2015 - 17:10 | 6810640 Martial
Martial's picture

I could not begin to imagine how bullish a life ending asteroid would be...probably DOW 100,000,000

Wed, 11/18/2015 - 17:18 | 6810696 KnuckleDragger-X
KnuckleDragger-X's picture

Is it a gender neutral asteroid? If so, it'll be great, since it'll merely be having a sit-in to protest gender streotypes......

Wed, 11/18/2015 - 17:36 | 6810789 adr
adr's picture

It is definitely a cross gender asteroid. It used to have a dick and balls, but they were turned inside out. The good news is the pussy asteroid won't end life as we know it, just give another 10% of the world's wealth to the Jews.

Wed, 11/18/2015 - 20:17 | 6811446 Ms No
Ms No's picture

The asteroid has been named adrogynous.

Wed, 11/18/2015 - 17:10 | 6810641 thismarketisrigged
thismarketisrigged's picture

yup, this shit is so not rigged.

 

lets see.

 

last week the s&p and dow were down 3 percent .

 

in 3 fucking days, all those losses are recovered exactly. would have been 2 if not for the scare late yesterday afternoon in germany,that led to algo selling and it was too late to pump it back up by days end so they did it today.

 

i mean, can someone fucking shoot this bitch yellen and then fucking audit the fed already? this shit needs to be fucking investegated,  execute everyone involved in the farce already .

Wed, 11/18/2015 - 17:11 | 6810646 pound the vix
pound the vix's picture

What mental disorder makes me think time and again that the Fed will eventually do the right thing???

Wed, 11/18/2015 - 17:33 | 6810768 Being Free
Being Free's picture

I think that's Pistisfedadoxia though might just be a minor case of Fedispistis.

Drink a bottle of tequila and see if that helps.

Wed, 11/18/2015 - 17:12 | 6810647 Kaiser Sousa
Kaiser Sousa's picture

fake ass fucking rigged manipulated Fraud Markets...

so fucking obvious....

bombings - BULLISH!

shootings and shootouts - BULLISH!

continuous flow of horrid REAL macro-economic data points - BULLISH!

more meaningless Fed speak BULLSHIT jawboning - BULLISH!

FUCK OFF WALL ST. AND DEATH TO U AND THE MONEYCHANGERS.

Wed, 11/18/2015 - 17:13 | 6810658 pound the vix
pound the vix's picture

You are now officially on a watch list.  Please report to mind retraining

Wed, 11/18/2015 - 17:36 | 6810794 DetectiveStern
DetectiveStern's picture

Mind retraining = bullish

Wed, 11/18/2015 - 17:44 | 6810855 Global Hunter
Global Hunter's picture

(Kent Brockman anchor voice) "one sector of the job market continues to grow at an above average pace...THE mind retraining sector."

Wed, 11/18/2015 - 18:02 | 6810940 Soul Glow
Soul Glow's picture

It's like the Fed chairs were watching the Matrix, the part where Mr Smith is explaining that the first Matrix was perfect but people started killing themselves because they didn't believe it, and they said, "Let's try it out.  Make everything look awesome and see what happens."

And lots of people buy it.  Everyone is brainwashed.  There is no hope for humanity.

Keep stacking.

Wed, 11/18/2015 - 18:20 | 6811034 Kaiser Sousa
Kaiser Sousa's picture

and on that cheerie note im off for a PBR at the pub....

 

yeah - truth is a mother fucker....still stackin is right....

Wed, 11/18/2015 - 18:36 | 6811097 new game
new game's picture

relax, chill out, just a rigged market...

just think "the good fellas"

ha, ... stay out of their space.

Wed, 11/18/2015 - 17:12 | 6810653 ghostzapper
ghostzapper's picture

If the FOMC is so dovish and giggly now then why barely a budge from USD?

Wed, 11/18/2015 - 17:13 | 6810654 John Law Lives
John Law Lives's picture

There sure is a lot of ad hoc reasoning being bandied about these days.  I think it would be better if we just acknowledged that we don't know what the fvck is going on with the "markets".  Doing that might help us maintain some sense of sanity in these confusing times.

FedFUBARtoHell.

Wed, 11/18/2015 - 17:13 | 6810662 Dr. Engali
Dr. Engali's picture

War is a racket. Slaughtering people is a profitable business. Just think how high the market will move when TPTB get rid of 6.5 billion people.

Wed, 11/18/2015 - 17:14 | 6810673 pound the vix
pound the vix's picture

Market goes down they cannot raise rates (too risky), market goes up they cannot raise rates because market might fall!!!

Wed, 11/18/2015 - 17:15 | 6810683 Rainman
Rainman's picture

Does anybody else get this vision that 2008 will be remembered as the good old days...?

Wed, 11/18/2015 - 17:22 | 6810711 Baby Eating Dingo22
Baby Eating Dingo22's picture

-------------129 people did not die in vain

Merci beaucoup

Signed,

Janet and Mario and the whole gang at Goldman

Wed, 11/18/2015 - 17:27 | 6810736 thismarketisrigged
thismarketisrigged's picture

so if a rate hike is so fucking bullish for fucking wall street douchebags, then why the fuck was there not a rate hike the past 7 plus years?

 

this shit is laughable, one day a rate hike is great for the ''markets'' and the next day its terrible.

 

one day the ''market'' is down because slow growth overseas, and then the following day that is good for stawks.

 

im not claiming to be the smartest person by any means, but can someone explain this non sense to me?

Wed, 11/18/2015 - 17:33 | 6810769 adr
adr's picture

Run as fast as you can towards a brick wall, lower your head, and ram right into it.

Afterwards all of this will make sense.

Wed, 11/18/2015 - 17:36 | 6810795 NDXTrader
NDXTrader's picture

The Fed announced, with the launching of QE2, that the stock market is a political and social tool. They have repeatedly made it clear that they want the stock market to go up. Sometimes they need shorts to enter so they let a little air out of the market, but that is only to add fuel to the next run-up as those shorts cover. They particularly love to run the thing up on days when it makes absolutely no sense so that other buyers rush in late and propel it even more. The Fed has not just figuretively, but literally, unlimited money and can make the market end on any number they want. It's not going down until they lose control

Wed, 11/18/2015 - 17:27 | 6810737 Wilcox1
Wilcox1's picture

Heh, today's advance on tippy toes and no volume. I'm in.

Wed, 11/18/2015 - 17:31 | 6810755 NDXTrader
NDXTrader's picture

The only thing that surprises me is that people are still surprised. They crush VIX and blast off stocks every OPEX week, every month. Post-Paris VIX is off over 20%!

Wed, 11/18/2015 - 17:54 | 6810904 firewire888
firewire888's picture

Have to imagine they think it's some sort of patriotism to not let stocks down post Paris just in case they used options to try to gain on attacks.   As if they know what an option or stock is.   Low vix means no fear in market, how does that make any sense post-Paris.

Wed, 11/18/2015 - 17:54 | 6810906 Surveyor4Pres
Surveyor4Pres's picture

Who is they?  Who is actually doing the buying?

Wed, 11/18/2015 - 18:00 | 6810931 NDXTrader
NDXTrader's picture

The big stock and option houses, hedge funds and Fed proxies. They all work in concert. They also know the levers to get the HFTs to buy - Oil and USD/JPY and can push those anytime they want

Wed, 11/18/2015 - 18:01 | 6810939 firewire888
firewire888's picture

Guessing has to be central banks.   Who logically says "oh terror attack, let's buy stocks"  

Wed, 11/18/2015 - 17:31 | 6810759 adr
adr's picture

You know how I know we are reaching the end of this farcical shitshow?

Somebody who has a brain is selling a home that should be going for over $350k in the area I live for $250k with 2 acres of land. I've been looking at 1200sq ft garbage scows priced at $245k and this beautiful 1900 sq ft cape shows up listed today with a fully updated kitchen, four car garage, etc.

Now it helps that they built the home for $65k in 1992, but considering the fact that I have seen 800sq ft trailer park homes listed for $120k makes this seem like the bargain of the century. Maybe the family that owns it was killed by an axe murderer.

If reality is creeping into view, watch out below.

Wed, 11/18/2015 - 17:56 | 6810913 froze25
froze25's picture

Once the shit starts it will move quickly in realestate as people will scrable to lock in the sale and  stop waiting for a better offer.  Fear is a powerful motivator just look how the Govs are using it now. 

Wed, 11/18/2015 - 17:39 | 6810816 Conax
Conax's picture

It's a gov't policy. It must stay up.  Finances, reality, debt and war won't change that. 

Same deal in PMs.  (inverted)

The waiting game continues.

Wed, 11/18/2015 - 17:45 | 6810864 Truth Eater
Truth Eater's picture

Financial markets are just like the US and European governments-  very BULLISHT

Wed, 11/18/2015 - 17:45 | 6810865 buzzsaw99
buzzsaw99's picture

the paris casualties wouldn't have wanted stock prices lower because of them. it was probably the thing they worried most about in those final horrific moments. /s

Wed, 11/18/2015 - 17:46 | 6810869 Atomizer
Atomizer's picture

Run for the closet homosexuality. You didn't build a economy under Metrosexual SOTUS rules.

Fundamental review of the trading book - interim impact analysis

SOTUS Covered Fund Exemption: Marketing Restriction ... - FDIC

Wed, 11/18/2015 - 17:49 | 6810877 Lost in translation
Lost in translation's picture

Everything is spinning out of control now: foreign policy, markets, budgets, ethics and morality.  The wheels have come off of everything, everywhere, and I mean EVERYWHERE.

I'm experiencing sprirtual exhaustion from it all, and have sullenly resigned myself to the fact that we're all trapped on a runaway train, and will have a catastrophic impact of some kind, very soon.

Discouraging times, these...

Wed, 11/18/2015 - 17:58 | 6810919 froze25
froze25's picture

Just prepare yourself so that you are in control when it happens.  Sometimes 1 step backwards is required to take 2 steps forwards.

Wed, 11/18/2015 - 18:04 | 6810952 Dragon HAwk
Dragon HAwk's picture

Every time I get a little depressed i buy some Silver to cheer me up.

 were basically now at a two for one price..

 

Wed, 11/18/2015 - 17:55 | 6810909 Baby Eating Dingo22
Baby Eating Dingo22's picture

If a 1/4 point gets this reaction, why not go all in with 3 point hike???

Wed, 11/18/2015 - 18:01 | 6810936 BeerMe
BeerMe's picture

It will go something like this...We can't raise rates while the world is at war!

Wed, 11/18/2015 - 18:16 | 6811013 Inthemix96
Inthemix96's picture

Smile bitchez,

Could be a lot worse.  But then be rest assured that there are now too many people all around the world more than aware of the shit that is falling apart around our ears, that wont let what 'They The Rulers' want to happen.

Just goes to show just how impossibly fucking stupid the daft cunts are, never thinking that the 'Web', would be more important than a fax machine.  Revel in the fact you now know, and so do millions of others, that yes, yes fucking indeed, the shit we type is far more important than a fucking fax machine..

And to hammer it home, the stupid bastards thought up 'Internet Banking', never even giving thought to the fact it would be no more important than a fax?  Shows you the in-bred mentality of a child rapists mind, eh?

They cant turn your voice off bitchez, the world would very quickly grind to a mother fucking halt.

Ju Sui ZH.

:-)

Wed, 11/18/2015 - 21:25 | 6811635 Ronaldo
Ronaldo's picture

Is it in fashion to just complain forever and call all the gains in the market something bad?  The market, whether you like it or nor has made many people a lot of money in the last 3 or so years; obviously not many here.  This continuous driblle about the falsety of those gains is just stupid.

 

I would rather make money in the market than constantly complain about other people making a fortune. That is what the stock market was designed for, to MAKE money through the purchase and sale of PAPER.  Get used to it!

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