Dow Dumps 450 Points (Back Below 17,000) As Crude Oil Crashes Into Red
Dispppointing drops in China and US Manufacturing PMIs, combined with a record glut, appears to have trumped Mid-East tensions and sent WTI plunging back into the red. This has triggered another round of selling in US equities, sending The Dow down 450 points and back to a "16" handle...
"Un-Growth" trumps "War Premium"
and sends The Dow crashing...
(4 votes)
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No worries, Old Yeller is calling.
Silver is first to get whacked....onto Gold, then we will bring the markets back to green...
signed...PPT
http://www.smh.com.au/business/sydney-home-prices-have-biggest-quarterly...
"No one saw this coming."
The Dow could have a good 15 minutes later today but that's as long as it can hold an erection. Janet is all out of viagra. She used her last pill when she said she would raise rates.
Has everyone noticed the Fed failed to raise rates. How is that for shooting credibility in the foot?
Fuck this shit. I have learned my lesson. This market will ramp at around 3:30 pm and close green for the day. The FEDERAL RESERVE is in control of this market. Nothing will stop this market from correcting. This market will finish in the green at the end of 2016.
The Dow was negative in 2015. The Fed said they would hike rates 25 bps yet the rate has stayed unchanged. Sure they can ramp for a half an hour or so but the return on their easing methods is diminishing. If they do another outright QE - publically I will add since the PPT operate daily through the POMO desk, as does the Treasury by way of ESF - they might be able to bounce equity again, but the cost will be staggering - putting pressure on the dollar - and everyone will know this is only way of buying time.
Remember, buy the fucking dip. Don't overthink it, just buy the dip.
Yep, Janet's so-called "rate rise" was just knock-off Cialis from India.
Fool me 27 times, shame on me. BTFD!
Not me of course. I wouldn't participate in this shambugaloo bullshit!
Fuck the PTT
You can plunge protect some people sometimes, but you cannot plunge protect all the people all of the time
Went to the garage slver up .35, came back in it had dropped 2% to up .10
Started laughing .... PPT showed up for work for sure LOL
Time for the deer pic?
The numbers are red
The sky is blue
The old PPT will rescue you.
Fuck the FED.
17,800 by Thursday. Friday max
I'm assuming a /sarc would invert my up/down vote ratio. lol
The yoyo markets will be walking the dog this year, do they walk that far back? I don't think so, not till they have a reason to get the Fed into the QE mindset again, liquidity is vapourizing, volatility increasing.
The stockmarket usually plays the first day of the as a marker for the remaining year's trade, tack a zero onto the % move today, and you'll see the year lows. So the theory goes, if the Fed is to roll out QE this year they will need to be given a reason, that's the message being put out today unless there's some movement up from these lows.
"...Paging Dennis Gartman.....Dennis Gartman to the Red Courtesy Phone...."
LOL Yea we seen this show before.
Flip your VIX bets at 11:29:59 for the slow all day melt up. sell at 3:15 and just call it a night
Think today is different for some reason? then just have tight stops.
YAWN YAWN YAWN
China down 7%, DAX down 4.5%, Nikkei down 3%, US equity down 2.5% to 3%, oil just flash crashed, and you want the 3:30 ramp.
Don't get greedy Janet. The markets are fragile.
when these mini drops occur I always play "We Can Be Together" by Jefferson Airplane, crank it up as loud as can be so the neighbors can hear my favorite line: "Tear down the walls motherfucker". Reminds me of the old days.
my peronsal fav: www.youtube.com/watch?v=A_sY2rjxq6M
Wow that oil crash. Reminds me what the banks do to silver on a weekly basis.
Didn't Greg Mannarino say "January Effect"?
https://www.youtube.com/watch?v=cW3IAtGezcQ
Blaming China is BS.
Nobody is blaming china. They are simply the canary in the coal mine. As the world's manufacturer, they show demand is crashing glabally.
Hahahahahahahahahaha - best fun I've had in a long time!
2016, the year of DOWn syndrome?
Bring the fire, BTChez.
Who wants to bet on a volumeless 60 degree levitation later today?
The dollar index is so out of whack the charts look like a spazoid's EEG.
They traded over 600,000 contracts at 10:30-11:00 to undo what silver had done.
These rats behind the curtain are a boil on the ass of society. A huge and angry one.
Bullish ! I'm going to buy me some more FANGS !!!
FANTA FEVER
triple leverage the FANG index... YOLO
Drop your cocks and grab your socks kids, we're goin' for a ride.
HAPPY NEW YEAR EVERYONE...
The first Monday of 2016!
This year is gonna Rock in a hell of a lotta ways.
What's all the hub-bub? The way the stocks are rigged, it can drop 2 thousand points in one day, then by the next 2 days it's up 3 thousand. And then all the girls and cross dressers at CNBC shout for joy as to what was all the crying about. There is SO MUCH money in it, primarily from the Feds, that it can never crash big time. And I'm sure the Feds still send money to their boys in Goldman Sachs so they won't lose any money, using that money to play the markets. It's all a racket. Even Al Capone, back in the day, trie to steer people away from the markets before the big crash, telling them, "It's a racket!" Go figure that one out!
Unless they WANT the markets to crash to bring about greater fascism. Why do people discount the reality that the Fed works for international banks and does not give a shit about this country?
I see Janet walking to the podium
"Come fly with me" playing in the back ground
So funny. Last night I was going to comment down 500 by noon Green to close. But whatever will be will be just another day in paradise lost and we're all stuck in the middle of it.
I can see a green closing, I have seen it before.
Sell in 2015, and come back in...
?
2033
Comment B
QE. It's what's for breakfast.
here comes the push to go green.
WELCOME TO 2016 MOTHERFUCKERZ.......YEAR OF HELL.
I knew this year was gonna suck....
This year is starting out awesome. Gold and silver ramp over night, world equity starts off in the red, the Fed hasn't been able to hike rates yet even though they said they could. The system needs all this to cleanse itself.
The fiat ponzi system needs to be washed out. If that means gold revalues to $50k or stocks dump into dust something needs to be cleared out. Too many stupid people go about their business not caring that the Fed and their charter banks (JPM/GS/etc) have the world by the balls. This system needs to die for the good of humanity.
A lot of volatility in the USD will most likely be heading our way. I could easily see a risk off situation with the JPY rallying to the 105-110 level in the coming weeks.
Chris
Outdoor Advertising Ontario
Buying some SPY calls for a day trade... wish me luck.
You're going to need it. BTD may not work today. This is a new chapter in the story, not necessarily the same rules as past 3 months.
On zero volume.
Within VWAP.