Stock Buying-Panic Ensues As Fed's Bullard Says "Oil Has To Bottom Sometime"
Thanks to the following deep thought:
- BULLARD: HAVE TO HIT A BOTTOM ON OIL PRICES 'SOMETIME'
- BULLARD: WATER IS WET, SKY IS BLUE (just kidding)
... Oil prices are surging and that means buying panics unleashed in stocks...
This oil move has ripped The Dow 300 points higher:
Even as the Fed is folding, and exposing a lack of credibility and crushing the growth hope meme:
- BULLARD: QUITE BIT OF CORRELATION IN OTHER COMMOD, OIL PRICES
- BULLARD: MKTS TAKEN BY SURPRISE BY SPEED OF OIL PRICE DECLINES
- BULLARD: WOULDN'T EXPECT A LOT OF APPRECIATION IN US$ THIS YR
- BULLARD: ECB'S QE CAUSED LARGE MOVEMENTS IN '14 EXCH RATES
- BULLARD: US$ 'VERY SENSITIVE' TO MON POLICY IN OTHER ECONOMIES
And stocks love it because it means that credibility aside, more easing may be coming.
Here's the real reason we ramped... (and why it's likely to stall)
(9 votes)
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Wheels are reversing, their laser sights must be getting blocked by birds.
Can someone please explain the significance of the VWAP to me as it relates to price action?
Where is this blue sky you are referring to?
Yeah, Bullard's statement sure would make people change their minds about stocks... (so MSM).
Green and Red spikes. all in the same day... It's Algo Christmas... Somebody is making a lot of money this split nano second.
Im betting it will close red or flat this isn't last years market
Why didn't the circuit breakers break on the upside?
BULL MARKET....BULLARD...GET IT??? ;) BOW DOWN BEFORE THE MASTERS OF THE UNIVERSE!!! THE ZIONIST PSYCHO ILLUMINATI RUN THIS PLANET AND THIS GUY IS INSIDE THE BLACKMAIL RING!!!
Hey Bullard.....NOP...(negative oil prices)
every new fed chief gets a lot of scrutiny, and every fed chief has to prove themselves, through some policy decision. this is Janet Yellens moment. we all disagree with the fed, by its very existance it defies the free market in interest rates. everyone is sure the fed is painted into a corner, so they come out with a QE lite interest rate hike policy that isnt tied to data. there is something funny going on, which i am pretty sure puts the stake in the heart of the INDEPENDENT fed. that is the fed is providing 1/2T in funds in RRPO, they are not taking down reserves and they are paying interest to the Treasury. but if you thought the fed was independent you probably believe in santa claus, the fed is a subcabinet position to Treasury, and that interest payment is probably some half monetized or (off balance sheet) T bonds. they're not going to tell you. next year at this time Yellen will be on the cover of Time, at least as important as Merkel. at some point you have to stop down arrowing everything about the fed, and recognize when something less negative happens.
I choked on my burger when I read that summary: "seriously?"
I think someone is synch ppt buying with bulltard speaking. Just for laughs.
buyNowbuyNowbuyNowbuyNowbuyNowbuyNowbuyNowbuyNowbuyNowbuyNowbuyNowbuyNowbuyNowbuyNowbuyNowbuyNowbuyNowbuyNowbuyNowbuyNowbuy
buyNowbuyNowbuyNowbuyNowbuyNowbuyNowbuyNowbuyNowbuyNowbuyNowbuyNowbuyNowbuyNowbuyNowbuyNowbuyNowbuyNowbuyNowbuyNowbuyNowbuy
You fucking braindead RoboSheeple, JUST DO IT...
This is more fun than watching members of CONgress getting ass-raped one at a time by monkees high on crystal meth and Viagra... pass the popcorn please...
I just took a steaming dump and I *swear* it looks like old yellen doing samurai tongue with Ozombie...