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Now what?
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Stairstep this dog down...
2140-2160 sometime in the beginning/middle of January, then down.
Something like that, but too many things are taking a crap at once. we walking on the edge of a very high cliff and it's a long way down if there is any kind of a slip......
"Now what?"
Bonus time, baby! Hookers and blow all around.
We still have five trading days to see how the FED will fuck us over.
And 3 more weeks to see if they're able to start the mother of all short squeezes or let the markets flashcrash.
There's still plenty of naked shorts who went over their heads.
The fascist banksters will support/rig the markets as long as it suits their purposes, or at least as long as they are able.
Back down again hard after santa leaves.
Retesting May highs in January, it's called the "January Effect"
https://www.youtube.com/watch?v=adurRBON0B4
"now what?"
Hookers and blow?
http://www.marketwatch.com/story/david-teppers-appaloosa-wants-to-check-...
David Tepper’s hedge fund Appaloosa Management LP has asked to see the books of Terraform Power Inc., the latest salvo between the hedge fund and affiliate company of SunEdison Inc.
Earlier this month, Appaloosa unveiled a stake of more than 9% in Terraform PowerTERP, +3.79% which was spun off from SunEdison SUNE, +3.01% as a so-called “yieldco.”
Appaloosa has recently raised questions about the relationship between the two companies, citing a planned deal.
Mission accomplished,
PPT traders at Citadel, you can take the afternoon off.
Chair Fellen
Are you not entertained!!?
http://stocktwits.com/message/29355908
I guess it depends on who wins the super bowl.
I'm getting kind of downtrodden. Will this ever cease? Or is the squid just too powerful?
Don't let the bastards get you down. I've been asking that question for years but there's NO WAY I'll let them ruin my attitude. They WANT you to despair because that's when you'll do exactly what they want. Don't give them that power.
Just imagine , this time last year Greece was un-fixed !!
FOARWARD !
Same "stats" that show 5% unemployment. So thin you see right through it.
Wow, what a surprise!
/sarc
.. and with it the gold miners even on a day when PoG is down.
This gives the FED room to increase rates even more, yippee! The higher (or lower) the funds rate, the higher the stock market goes. Truly our FED is awesome!!
When the "funds rate" becomes merely a function of the spread between IOER and the RRP facility, rather than an expression of liquidity, this may actually be the new reality.
Print!
Buy em!
Print!
Buy em!
Print!
(apparently this can go on til the currency is worthless)
I'm going to buy stocks and don't care what Zerohedge forecasts anymore.
You should NOT care about the perma-bear/glass half empty NOISE from Zero Hedge in the first place.
Pay attention to the long-term charts which still have not broken down below their long-time support lines.
It is a holiday shortened X-MAS so markets were oversold and ready for a bounce. Yes, it is on LOW VOLUME!
ZH is just entertainment and amusement as far as I am concerned!
This based an investment return of zero and with risk.
For 401k/IRA/pension funds, earnings season and crude status in Feb should provide direction near term, minus a black swan event. Should get an idea of how companies plan on dealing with their debt in conference calls. Debt issues will likely be what long term investors want to hear about vs share buyback and divys. For a day trader, what difference does it make?
Too many bears.
Have to take the opposite side of the trade.
Plus the election. Fed members want to juice the market for Hillary.
Did anyone actually expect that measly 25 basis point increase to stop these marketeer's? I mean really!
The reason for the September delay was so they could get their ducks in a row. I wouldn't be surprised if they do another increase, just to show how much control they have.
Naw, their scared.
Watch out. Ot's an election year and they don't want to mess with Hillary's chances.
It's simple.
FED balance sheet UP = US indices UP
FED balance sheet STABLE = US indices STABLE
FED balance sheet DOWN = US indices DOWN.
So watch those reverse repos closely (because they're currently only pretending to raise rates).
It's all pump and dump: invest when they pump, exit when they start to dump !
So how many of them are probaly shorting their own stock then buying it back?
Rinse and repeat.
In a stunning upset, the Globetrotters of Harlem have defeated the Generals from Washington in a closely contested battle on the hardwood.
"Unchanged" for 2015 means positive if you factor in dividends.
Umm, yeah, about that... When do we get to see the article about gold soaring back to unchanged for 2015... LOL, you don't. Sorry, had to step away from counting all the money I made being in the market this year and not bloviating about how much that solid bar of physical gold is worth in lala land.
They don't even try to hide what they are doing anymore. Theres been not one mini pull back at all today .... not one. Nor yesterday. Normal markets just don't operate that way.