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Traders Panic-Buy Stocks Into The Close Despite Crude And Credit Crumble
Artist's impression of Fed credibility...
Since The Fed unleashed its rate-hike, things for the confidence-inspiring awesomeness have not gone well...
Trannies were worst post-Fed, Small Caps best but they are all red...
Stocks and bonds decoupled early in the overnight European session, then recoupled when Europe closed then stocks just went full retard into the close...
Here's your day summarized... come on!!!
As the machines lifted stocks to the opening ramp highs...
But credit just laughed...
As the algos ran the stops to the pre-opex dump... (that was a 140 point rip in The Dow in the last 30 minutes... on absolutely no news whatsoever)
FANGs were dumped and then pumped into the close but remain red post-Fed...
Stocks continue to leak lower towards credit's inevitable endgame...
h/t@BeardedMiguel
And The TED Spread is soaring...
The USDollar was sold from early in the US session to the end of the EU session, then flatlined...
Treasury bonds were well bid in the early session (notably 5Y, 7Y, and 10Y bonds are unchanged on the year now in yield terms)
The weaker dollar broadly speaking helped commodities with silver and gold doing well..
But crude's January contract expiration seemed to keep volatility under control (despite the surge into NYMEX close across the complex)
Charts: Bloomberg
Bonus Chart: "Fed Says"
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NOT Fake At All..
it's a Wonderful Recovery!
and it's a Wonderful Life too Bitches!
LOL!!!
Isn't it all being done by computers now???
It happens at 330 am in the e mini futures often also. has to be algos
MERRY CRITICAL-MAS BITCHES!!!
Do they have the Christmas Rally coded in, now ?
HAPPY NUKE YEAR TO YOU TOO!!!
It's the PPT earning their year end bonus
I would like to know this number...
What is the NET Year End BONUS dollars on all of Wall Street tied to 2000+ on the S&P?
That illustration above is not accurate. Once you realize that the FED is an independent entity who answers to shareholders (big banks), then it becomes clear that the big banks have a complete stranglehold on our financial system.
For more information, I recommend "America - Freedom to Fascism" available on Youtube.
Tyranny is tenacious and patient. It can manifest itself over generations. The FEDERAL RESERVE and INCOME TAX are a perfect examples of this. But as long as you slowly turn up the heat, the frog doesn't notice.
History is destined to repeat itself because we FORGET the lessons of the past.
Told you...big time positive
No, you said '400', straight up, no equivocations. Are we up 400 today?
;-)
LOL, I though the PPT would be stronger, what can I say
Compared to where it should, 400 is at the low end of the range
That caricature of yellin is not nearly fugly enough...
3:30 ramp Happy Xmas bitches.
This 330 phenomena is sheer lunacy.
You mean like the existence of the fed itself, and the creation of "terrorist" so the MIC can justify its existence and keep stealing money, and cult-like dykes demanding an end to white supremacy, and the Supreme Court ruling that money is free speech, and that the president of the United States finds time to appear on Bear Gryllis's reality show in Alaska, and (it's your turn...)
No joke. Continuing after hours too.
so lets see….
the only markets that rallied in the last 30 minutes of trading in New York on no news whatsoever to erase nearly ALL losses to rest almost right at the days highs were the Dow, S&Piss, and NasCrap….
yeah thats some really credible trading activity….
FUCK OFF U MOTHER FUCKING BANKER SCUM...
DEATH TO THE MONEYCHANGERS.
co-sign
Seems experienced traders’ perspectives are now more infrequently represented here, so, for what it’s worth: the final ramp was actually suggested very early by the buying action near the European close, supported by short-term technicals, so the fact that the final levels (COMP ping-pong between the 100/200 DMAs, tentative SPY move off the Daily Keltner limit, pathetic Russell doji, ALL with lower Stochastic levels than the prior day) took all day plus low-liquidity after-hours backdrop to achieve, levels easily attained by 1:45 in the past, is actually more constructive for longer term bears than the CNBC headlines would have you believe (shocking!).
Doesn’t mean they can’t easily continue to ramp on holiday volume, but it’s clear today was hard, forcing an even more cowardly-than-normal approach by machines. Some Santa-ramp bastards may actually be worried … this is actually progress, believe it or not …,
Near term keys will be: what do SPY and COMP do at the 20DMA, and will the Russell, during a day session, hit its 20MA or the mid-Dec lows first?
Dude, lots of people here trade, and if all those technicals are so reliable WTF are you doing here posting? You must be so rich you can be hanging out on your yacht off the coast of Sri Lanka
Your analysis started with,
"the final ramp was actually suggested very early by the buying action near the European close, supported by short-term technicals"
That's the point, earlier buying action in Europe is fake, and it's based on Asian trading which is based on US markets trading (minus big news). It's a big circle jerk of manipulation. Short term technicals are a joke, based on debt that is destructive at this point.
One thing I did take from your post is that the downward pressure is much closer to uncontrollable than I thought. Ty.
That's the Spirit...!!!
https://www.youtube.com/watch?v=P44vhvPGO6Y
BULLSHIT!!
that was such a sham. market trades like a penny-pump scheme now.....
The good 'ole pump 'n dump.
kinda like eating at chipolte
Morans, BTChez.
I can't fap to this.
Google "Shimakaze" for the cure for that
That was phenomenal. We've seen plenty of late-day ramps over the past six years, but this one was truly spectacular and breathtaking.
America FTW!
U-S-A! U-S-A! <fighter jets scream past overhead>
....and mow down the USASerfs with machine-gun fire....
I'd give it a 10.
Addicts require more and more to get the same effect. We're getting close to overdose, but the fed paramedics will save us......
Janet's lost a little weight. Other than Gartman flipping bearish (yet again) nothing will save this pig. Buckle your seatbelts boys this is the big one. S&P 1400 here we come. Hopefully!
There's always money in the organ trafficking-stand.
Selling desperate Syrian refugees’ body parts for profit: Israeli man arrested in Turkey for organ trafficking
The situation in Syria today is nothing short of catastrophic. More than half of the entire population has been displaced in a civil war now approaching its fifth year, and almost 4.3 million Syrian refugees are registered with the U.N. Millions are crowded into densely population refugee camps in neighboring Turkey, Jordan, and Lebanon. Many live on the street, and few have access to basic resources or job prospects. Traffickers have taken advantage of Syrian refugees’ desperation, in hopes of making money. An Israeli man was arrested in Turkey today for organ trafficking. He came to Istanbul to try to convince impoverished Syrian refugees to sell their organs, in a story first reported by Turkey’s Doan News Agency, and later by Israel’s YNet and Germany’s Deutsche Welle.
http://www.salon.com/2015/12/05/selling_desperate_syrian_refugees_body_p...
Save The Liver
spam
WTF??
Made like 30% in Natty today unreal! Hate to brag but we need to celebrate our little victories. Buying some puts though and hedging this is too good to be true.
What is 'natty' ? Thanks in advance?
Natural gas.
Got gas?
Shitpolte gas reserves...IPO coming soon.
gotta keep that hike proped up no matter what! pre-emptive ppt
Looks like the Tax payers bought a lot of Stawk late in the day. Unfortunately they don't know they bought stawks and certainly won't benefit from their purchase either.
Could have just rolled out of bed at 329 like clockwork. Easy 100 points and back to bed. What a great life.
Exactly what I said last week. Crash and burn with nothing but recovery and bullshit santa stories this week. Of course, we still have a few days left but off to a great start of insanity once again.
Dow and S&P must be at 17,983 and 2080 to be flat for the year....they'll make a run for it.
I'd rather see DOW +1 for the year. Followed by an article of how much it costed to achieve that.
Panic buying anything never works out well in the end.
ZH-
Why attribute anything to traders any more?
It's a few algos fellating each other's hard drive
Is there a panic sidelining? That would be me
Ok so the institutions have all agreed to buy stocks from each other at higher prices to support the FED. Somewhere at the end of this ponzi scheme there has to be bad bank. Is it yours?
Nah, Fed compensates them for any losses and then some with printed money giveaway arrangements like IOER payments. We are footing the bill for this right now via inflation.
We are only footing the bill if you mean via inflation. You know, the same inflation that's subdued and doesn't exist.
All this crap is being held up through stealth QE, that's why inflation related to all things we need for our basic sustenance is through the roof. Have you tried buying a nice cut of aged beef tenderloin lately? Of course you can always replace with hamburger, so what's the problem?
They know there will never be an audit, so there is no fear of legal prosecution. They own the fucking place.
"Traders" - oh, Tyler, your sense of humor is off the wall!
Yes, and I double snorted after realizing his cunning spelling of the word, 'traitors'!
As usual they would like to park other people's money in stocks for Xmast.
Traders????
Algos,, Algos that buy like mad....
not TRADERS..
No way they crash it before Christmass. Need to ramp up WW3 to distract first....
This shit is tired.
We should be talkin bout the crazy knee grow plowing people over on the sidewalk in Las Vegas...
...and how it's no big fucking deal when a dindonuttin flips her shit and goes mass vehicular homicide.
No calls for a car ban? Even if it saves just one life?
http://www.nowtheendbegins.com/woman-in-las-vegas-shouted-allahu-akbar-a...
Cops say now they are uncomfortable about releasing the motive. Ha ha won't hear that on msm. 4th estate indeed
Because the crazed driver is a founding member of a new group "White Lives Don't Matter"
Funny how all these truth, real news blogs (44 blocks for me on the above, nothing even displayed haha) always have 10 plus scripts running google/amazon/etc shit (zh included).
I'm not knocking the content just the fact many say fuck big corp. anything yet have tons of background shit on their own website. BTW, don't forget to donate via paypal..........
In regards of a car ban, it may be slightly more insideous, in such that in the near future, all vehicles would be "smart cars" for one's safety, to avoid accidents, road rage, and such events as this; and most importantly, for the childrens.
Also, big sister, big brother, and the all seeing eye, will know absolutely every stop one makes, how long, and one's routine.
And, if one is naughty, the smart car can lock the doors, maybe cinch the safety belts a bit too tight, maybe turn the climate control a bit to hot or too cold, and no worries about dissention from the offender.
Or, simply turn off and wait for the proper authorities to handle the problem unit.
We all need unity, and conformity, right?
While I am being sarcastic, one can see where all this could unfortunately head.
When you are jaded to the core, nothing sounds fucking far fetched.
The smart car thing crossed my mind when I wrote that, believe it or not.
They're always looking for an angle.
gotta wait til 2016 for Mr. Market to shit the bed Chipotle style...
Did any of you truly expect a different outcome?
yellensNIRPles. lol. welcome to the fight club. :)
No, no. The Federal Reserve is a den of traitors. It was traitors who were frantically buying stocks today despite all evidence that said prices should go down.
I WONDER WHO WAS BUYING AT THE END OF THE DAY. MUST HAVE BEEN ALL THOSE ''INVESTORS'' WHO DECIDED AT 330 PM THEY MUST OWN SOME STAWKS
there's an Air force DC10 tanker flying over my house for three hours, good use of 1000 gallons of jet fuel
Cartoon is awesome.
Hasn't this been rather common when the PMs go up? Hard to remember in the last 3 years, but it's been a recurring pattern overall.... one that can't/won't last much longer... sort of like that dream of ever increasing stock prices even as sales decline... Ah, it was a sweet dream while it lasted, no?
?????... Don't look now but the pms have been down for about thee years. Must be some other reason for banging the shit out of the close... Like whenever "They" / "Traders" feel like it.
All I want for Christmas is a 30 minute Federal Bang job into the close, whenever I feel down the bang job brings me around.... Mom! Moar bang job!
Markets will open 500 down tomorrow morning. Hilarious...
Spot on! You´re just two weeks too early! Timing is everything.
Major Tom, Time Traveller, Jan. 4, 2016
We knew Santa Claus existed but he´s just a big fat drunken liar with a bag full of dog shit. We put him on a one way sleigh to Paris and lit a fire.
- Bjorg Johnsdottir, Reykjavik, Iceland
That was panic buying? I guess so when you factor in that Dippy is now a zombie.
Krugman got a little chubby over all those buildings falling down. Imagine how many broken windows
yeah but....
Noticed quite a few days, using the Fraud Indicator (The DOW), the price varies wildly during the day but always ends near where it started from.
So....
How do all these "traders" know exactly how much to buy to put it within earshot of the opening bell without any sort of chicanery. I'm Ok , if it happens once or twice, but when it happens daily, and when it's an aggregate of 30 stocks, it just doesn't seem plausible.
It really does look like, here's the value we want to get to, now make the trades to get to that price.
All algos ... statistically driven reversion to the mean ... large ups followed by offsetting downs ... all machines. Too dicey for this small time homeboy that is for sure.
Get it through your thick skulls..
The Fed buys stocks, so the .1% can get their money out.
Audit the Fed NOW !!
FUCK YOU AND DIE YELLEN!!!!
Gold didn't get the hammer Friday or today. This isn't normal. If they don't hammer gold, then something abnormal may be about to occurr. Bring on abnormal!
RECOVERY... Kanishes for everyone!!!!!!