• GoldCore
    01/13/2016 - 12:23
    John Hathaway, respected authority on the gold market and senior portfolio manager with Tocqueville Asset Management has written an excellent research paper on the fundamentals driving...

A Close Up Of The Market Ripple Which Stopped Stocks Tumbling At 11:01 am

Tyler Durden's picture




 

A funny thing happened at 1101ET. Amid the deep plunge in stocks, 'someone' suddenly traded an enormous block of e-mini S&P futures which appeared to stall the sell-off (for now). This followed a similar (but smaller) block trade at 1042ET which also extracted all the liquidity from the market momentarily and enabled a brief rally.

That is twice we have seen a big block followed by a rally in futures...

 

and a close up shows the shocking ripple as liquidity was sucked away by the huge block trade...

 

Via @NanexLLC

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Mon, 01/04/2016 - 11:58 | 6995541 Collapsed_Elast...
Collapsed_Elastic_Pants's picture

And to think....I almost pressed the sell button! Not.

Mon, 01/04/2016 - 11:59 | 6995542 Solio
Solio's picture

Womanipulation would be most accurate.

Mon, 01/04/2016 - 12:01 | 6995543 silverer
silverer's picture

A techno team for every need.  But for how long?  I still think you can't go wrong setting up shorts.  Where else can can the show go?

Mon, 01/04/2016 - 11:59 | 6995544 Jason T
Jason T's picture

no power great enough to stop nature

Mon, 01/04/2016 - 11:59 | 6995546 Richard Head
Richard Head's picture

Citadel clearly slacking today.

Mon, 01/04/2016 - 12:00 | 6995547 Soul Glow
Soul Glow's picture

The Fed prints and buys bonds from the Treasury, the Treasury uses it's ESF to trade into equity, currency, and all other markets.  The problem is no one else is buying and the Fed and Treasury own moar and moar of everything, so when they do it again tomorrow their balance sheet has less purchasing power vs its over all weight.

^^ The diminishing return of the fiat ponzi at work.

Mon, 01/04/2016 - 12:28 | 6995705 r3ct1f13r
r3ct1f13r's picture

I think it won't be long. The PPT will function more as a brake on the way down, than a throttle on the way up, or flat for that matter.

Feb?

Mon, 01/04/2016 - 12:01 | 6995554 Chris P
Chris P's picture

The PPT can come in and shore up the markets but in the end when people decide to get out of the markets the Govt. will own the whole market. It seems a direction banks and markets have been drifting towards since 08.

Mon, 01/04/2016 - 12:06 | 6995577 Soul Glow
Soul Glow's picture

Yes and the dollar - the underpinning of the Federal Reserve system - lost whatever purchasing power it had vs its circulation/volume.

Mon, 01/04/2016 - 12:02 | 6995559 youngman
youngman's picture

Those Hedgies lost all that money last year..might as well start early this year...

Mon, 01/04/2016 - 12:05 | 6995573 Uranium Mountain
Uranium Mountain's picture

QE 1000 at work.  

Mon, 01/04/2016 - 12:08 | 6995598 gcjohns1971
gcjohns1971's picture

Could probably make a great living with nano-second long calls written the instant after Fed interventions.

...

well if you have access to the technology...

 

Since most of us don't...

How long until the non-Market Market is abandoned?

Mon, 01/04/2016 - 12:15 | 6995633 NEOSERF
NEOSERF's picture

Have given up and sit it cash as well...why deal with 200 trading days of stress for at best a 3% gain this year when I can enjoy waiting for a real no stress entry point 

Mon, 01/04/2016 - 12:16 | 6995637 Surveyor4Pres
Surveyor4Pres's picture

After propping up the markets for 7 years, this year, 2016, the plan is to let it all fail.

They've made their money, now it's time they get out.

Look for the markets to crash, hard (50% or more), while the World, which is already on fire all around us, devolves into utter chaos and big-time wars.

Look for many False Flag events here at home, resulting, of course in eventual Martial Law--allowing Barack Obama to stay in office.

Now, any chance for impeaching Obama and arresting the rest of the traitors before the above happens?

(On the other hand, maybe everything will be just hunky-dory and Trump will save the day?)

 

Mon, 01/04/2016 - 12:16 | 6995638 kahunabear
kahunabear's picture

Yellen sets her alarm for 10:55.

Mon, 01/04/2016 - 12:17 | 6995641 NEOSERF
NEOSERF's picture

ZH: Time for a Stratfor update on how bad the MidEast can be...can't remember a time in the last 30 years that Israel and somebody weren't the headlines...tells you how bad it is that they are back on page 8 now...

Mon, 01/04/2016 - 12:19 | 6995650 Surveyor4Pres
Surveyor4Pres's picture

What liquidity?

Mon, 01/04/2016 - 12:20 | 6995655 lasvegaspersona
lasvegaspersona's picture

DOW to da moon

all things are possible when the masters of the fiat dollar are unconstrained.

I do not believe something as unpleasant as a crash will be tolerated.

They will have to change some rules to do this...but that is the easy part.

All debt will be bought for cash...and dumped on your front lawn.

Are we there yet?

Mon, 01/04/2016 - 12:30 | 6995713 undertow1141
undertow1141's picture

Market has gone flatline. I hope the patient is dead.

Mon, 01/04/2016 - 12:31 | 6995717 Strelnikov
Strelnikov's picture

Identical but reverse movement in the PMs, at the same moment.

 

Not at all manipulated.

Mon, 01/04/2016 - 12:55 | 6995840 gmak
gmak's picture

Ah. NOw I see you. There you are. (Non-financial institutions intervening to benefit financial institutions).

Mon, 01/04/2016 - 13:02 | 6995868 theyjustcantstop
theyjustcantstop's picture

how many billions of joe six-pack's $'s in yearend bonuses deposited into 401'ks were evaporated in 2 minutes?

 

Mon, 01/04/2016 - 13:12 | 6995907 Bastiat
Bastiat's picture

Look a the silver chart: spike to 14.20 then stomped to 13.85. 

Mon, 01/04/2016 - 13:14 | 6995909 zrussell
zrussell's picture

I bet the PPT HFT computers are smokin' hot!

Mon, 01/04/2016 - 13:40 | 6996046 Dimons jock
Dimons jock's picture

No PPT - just my buddy Lloyd, trying to get the trade closer to home ;)

Mon, 01/04/2016 - 13:54 | 6996138 SweetDoug
SweetDoug's picture

'
'
'
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We're gonna find Durden with a bullet in his cake-hole some morning…

•?•
V-V

Mon, 01/04/2016 - 15:57 | 6996794 Sorry_about_Dresden
Sorry_about_Dresden's picture

Is it any surprise this occurs as the London markets close????

Kevin Henry doesn't have the juice to fight traders in London so he waits until 11 a.m. to release the PPT!

Right?

Nothing is fair in love, war, and (un)free markets!

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