Black Friday
Unleash hell...
And this...
Worst Start To A Year... Ever!
It's ugly in 'Murica...
Of course - it's not just US, China has collapsed this year...(Worst start to a year ever)
Japan was a shitshow..
And Europe is in a bear market having erased all of the Q€ gains... (Worst start to a year ever)
The day in stocks...
- *NASDAQ COMPOSITE INDEX SINKS 2.7% TO LOWEST IN 14 MONTHS
- *S&P 500 FALLS 2.2% TO LOWEST LEVEL SINCE AUG. 25
But that level was heavily defended...
The week in stocks... worst 3-week drop in S&P, Dow, Trannies, Small Caps, and Nasdaq since Aug 2011
2016 in stocks...
Since The Fed rate-hike in stocks...
Since The Fed across asset-classes...
Since the end of QE3 in stocks...
It's a bloodbath in FANGs and Biotechs...
FANTAsy stocks are really ugly year-to-date (cap-weighted FANGs are down 12% YTD, Biotechs -17%)
Surprise - Equity markets catch down to on balance volume...
Financials bloodbathery fell to catch down to credit...
On the week, credit remains the leader...
But credit signals more pain to come... in stocks...
Especially in the most credit-sensitive small caps...
And VIX...
With Energy credit risk at its highest on record...
Carnage Continues, Energy Yields Set Record High
(Bloomberg) -- WTI oil has dropped to a new 12y low, falling below $30/bbl, triggering a broad sell-off across asset classes, with equities dropping 2.6%, HY ETFs falling 1.6% (lowest levels since 9/09), HYCDX slipping 1.1% and cash bonds falling across sectors led by oil companies in the Energy sector.
The BofAML U.S. HY Energy index YTW set a new historical high last night closing at 17.43%, surpassing the 17.048% close on 12/5/2008 during the height of the financial crisis
As of Wednesday’s close, the BofAML U.S. HY Energy index option adjusted spread to Tsys closed at +1,501, eclipsing the previous wide level seen at the height of the crisis of +1,494 on 12/5/2008
Energy bonds were roiled led by Sanchez Energy which plummeted 32% intraday followed by EP Energy (-15%), Whiting Petroleum (-13%), and Oasis Petroleum (-11%)
As Energy, Materials, and Financials lead the collapse in stocks since The Fed rate-hike...
Treasury yields collapsed this week (with the curve flat)...
And the USD Index gave up some of its gains to end the week up 0.3%... USDJPY dropped 0.25% on the week
- *RUSSIAN RUBLE WEAKENS 2% TO 77.603 PER DOLLAR, RECORD-LOW CLOSE
Commodities were a mess with Gold and silver best (unch to modestly lower) while copper and crude were clubbed...
Crude closed below $30 for the first time since September 2003...
Charts: Bloomberg
Bonus Chart: Rate-Hike Odds have plunged...
Bonus Bonus Chart: Value is collapsing and Momentum remains high post-QE3 - we suspect that will revert... (h/t @groditi)
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I was told that stawks only ever go up in value. What's going on? Was I lied to???
Comrade putin & kim jun en is behind this surely
Any jumpers yet today?
Tyler should have put a clip of Old Yeller being put down...there wouldn't be a dry eye in the peanut gallery.
It's never to late to START STACKIN'
Bear market lower low target, and support, is at INDU 15,000, down a 1000 more, minus 6%:
http://bigcharts.marketwatch.com/quickchart/quickchart.asp?symb=DJIA&insttype=Index&freq=2&show=
Talk your way out of this next phase of the QE-ZIRP collapse Janet, and you 7 horsesh*t fed-mouthpiece, perception-management 'governors'.
Alexcojones
The question Alex is when will the Empire Strike Back?
20$ barrel good luck people! get yah prepper gear ready
or jump off the highest point scraper! SPLAT
COMING TO A THEATER NEAR u
Next stop: they're gonna target cash.
So ... find a perfect mattress to hide your dough. Buy a nice house in Middle America, rent it out and sell the security feed footage of the family within. Ten grand net over 20 years is a lot of gravy. Multiply that by multiple houses.
This is what the Dutch are doing if I'm not mistaken.
A good week for price discovery.
'Get on your red shoes. Let's dance' into a better place.
RIP David Bowie
https://www.youtube.com/watch?v=OyVjdQXNs9s
Today....was.....AWESOME! I haven't seen a bear mauling like this since watching the Revenant!
or that film by Werner Herzog
Want to see how much further down the 'flight-to-quality', 'stock refuge' indices INDU and SPX are going to go in the rest of this current bear market downleg? Look at the already 5% lower levels for several of these no-place-to-hide sectors, as examples:
RUT: http://bigcharts.marketwatch.com/quickchart/quickchart.asp?symb=rut&insttype=&freq=2&show=&time=12
NYA: http://bigcharts.marketwatch.com/quickchart/quickchart.asp?symb=nya&insttype=&freq=2&show=&time=12
VALUG: http://bigcharts.marketwatch.com/quickchart/quickchart.asp?symb=VALUG&insttype=&freq=2&show=&time=12
BKX: http://bigcharts.marketwatch.com/quickchart/quickchart.asp?symb=BKX&insttype=&freq=2&show=&time=12
The original plan was 'Creative Destruction' economics as mentioned by Alan Greenspan many times - This meant take physical control of the worlds resources through US military might and collapse the economy once this was in place = one world government and NWO. This obviously didn't work out well for the Zionist/US so now the current plan is to control the PRICE of the worlds resources. This won't work either and without a WAR the western financial system is stuck with unpayable massive debt - the ONLY option is to go bankrupt and massive social unrest will ensue - Russia and China have simply 'outplayed' them !
Long reminbi!
Where do you think you, me and the others fit-in:
Goodfellas Restaurant Scene https://www.youtube.com/watch?v=ZPtjyqgZAUkIt is even getting more complicated. Check out this 19 minute YouTube video summarizing and showing pictures of the Muslim invasion of Europe. They've got insurmountable problems. Looks like the whites are already outnumbered. I remember there was a Roman Senator who wanted Roman slaves to dress in different garb but the Roman Senate over ruled him because there were something like 5 slaves for every one Roman citizen and the Senate was afraid the slaves would reach that conclusion in a hurry when they saw everyone walking around Rome.
https://www.youtube.com/embed/44vzMNG2fZc
'We can be heroes if just for one day...'.
https://www.youtube.com/watch?v=bsYp9q3QNaQ
Take down that wall of lies. End the Fed!
With some humour and perseverance. David Bowie at his best in the link above. 'No one can help us.'
Just do it.
H1 H2 VISA BS Enough is is a nuff Gawd Damit. 7-10 years they take are jobs BS. time to evict them! Fuck are women adulterers like mofo... Wife back in india... kids
The "H - visas" have been a problem since at least 1995. The last year of almost full employment for US Tech and CompUter Graduates was 1998.
Allmost all the 5+ years of H visa temps brought to the US from 1995 to 2012/13, were converted to US Permanent Status Green Card IMMIGRANTS. Most have gotten their citizenship and retained their jobs in Hight Tech, - Information Technology, Engineering and Medical areas. Do the math.
Assuming on average 125,000 H visas per year from 1995 to 2015, totals 2,500,000 to 3,000,000 MILLION high tech jobs that DID NOT GO TO US CITIZENS IN High TECH MID LEVEL, OR ENTRY LEVER ENGINEERS.
SO WHERE DOES THE FAULIT LIE?
WITH THE US GOVERNMENT, THE BOUGHT AND PAID FOR POLITICIANS, OR THE 1000 TOP COMPANIES IN THE US WITH LARGE ENGINEERING AND INFORMATION TECHNOLOGY INFASTRUCTURES THAT PREFFER TO HIRE NON US CITIZENS ??????????????????????????????
Another ugly day, for sure. But another day when SPX dropped exactly to where expected and closed at or above the neckline of the big Head & Shoulders Pattern posted earlier in the week. The bullish case isn't seriously damaged until SPX closes below 1880.
http://pebblewriter.com/are-you-happy/
To see how it ties in with the patterns of the past 100 years, see: http://pebblewriter.com/the-century-in-review/
H Rap Brown (RIP) : "Burn, baby, Burn!!"
Dry powder loves OIL
Dry powder might love gold and silver more...
<-- Black Friday
<-- Black Monday
what day is going to be worse, Black Friday or Black Monday in just 3 days?
Black Holiday (multiple meanings)
<-- Black Friday
<-- Black Tuesday
How unAmerican of me, I forgot about Martin Luther King holliday on Monday
Short Squeeze Tuesday
The Fed decided that they wanted to cause a DEPRESSION when they put the rates up when everyone knows we are already in a RECESSION.
There must be a reason for this, but I surely cannot believe that sane people would wilfully do this to their own businesses and workers.
In conditions like this I hope you all have converted your "PET PAPER" & "PET DIGITS" into "PET ROCKS" which should hold their value during this coming FED CREATED DEPRESSION. _JOHNLGALT
This slightly edited post is from comments made several months ago.
These imbeci**s obviously don’t know sh** from cl*y. The last time the markets gave the FED data signals the ass fell out of the markets and they S*** themselves.
When the FED raises interest rates it will strengthen the already strong DOLLAR and strangle your exports, thus contracting your economy and sending it into a DEPRESSION. The U.S. has wonderful (read awesome) numbers, What is the score now, About 60% on food stamps, (whatever that is). My sympathies to all of you in the U.S.A. who believed in the “DREAM” of home ownership and independence.
To anyone who would like to get out of this World Wide Paper Ponzi Scheme (WWPPS) there must be a precious metals store nearby.
This (WWPPS) World Wide Paper Ponzi Scheme will only work well for "THEM" if the Mushrooms (people) of the world are kept in the dark and fed bullsh*t. "THEY" can't have the Mushrooms waking up and getting out of the Scheme and getting into "PET ROCKS". _JOHNLGALT.
I will have no sympathy for the people I've tried to explain this to, WTSHTF
There is a choice of keeping your life’s labour in airy fairy paper (“PET PAPER”) in which most of the thieves have told you they want to steal (through inflation) at least 2% of your wealth from you.
– If there is deflation you get to keep most of your work (value), If there is the thieves inflation, they get to skim the 2% or whatever off the top, DO NOT FORGET THAT “THEY” CAN TURN ON THE SPIGGOTS TO 10% OR 20% OR WHATEVER and just steal that amount of your life’s work from you.
Or you can convert your excess labour into HARD OBJECTS,
LAND, (can be taxed),
BUILDINGS, (can be taxed),
CARS, (can be taxed and subject to depreciated value),
ART OBJECTS, (subject to personal preferences),
BUSINESSES, (usually valued in “PET PAPER”) are subject to the honesty of management, ETC.) YEAH, RIGHT. We know all about that don’t we?
Getting back to the difference between “PET ROCKS” and “PET PAPER” and now – wait for it – “PET DIGITALS”. I nearly p****d myself when I heard you can give up your life’s work to (invest) in “PET DIGITALS” HEH, HEH, HEH. _YEAH RIGHT.
Give me a break. Do you think I’m a complete F*** W***.
As far as investing in “PET ROCKS” or “PET PAPER” or “PET DIGITALS”, maybe you should ask the Indians, Chinese, Russians, Germans (sorry you can have your GOLD back in ??? years) _because I am not licensed to give investment advice. Best to you all, and more PET ROCKS please. _JOHNLGALT
Wall Street and Intelligence firms that review all these comments (we know you do). What do you say when a bona fide prophet of the Lord tells you that calamity is coming to this nation? That when calamity strikes (and it will as soon as I leave my home to begin designating places of refuge for fellow believers here in America) your material posessions will be utterly useless? Your money will be useless, your plans will be useless and absolutely nothing can stop it. Not your military, not your intelligence agencies, not even with all your wealth will you be able to avoid the sudden and sheer destruction that will come here. There will be fighting in the streets, riots, starvation and much much more! But there will also be revival - a great revival and many will come to know the Lord during this period. Doubt this? Then here, take a look at this emprical proof here: http://goo.gl/HVJ4Jj There is proof on this page! Read it! No other has been able to show you this proof until now, but now you know! Time is very short - it will begin this year in fact. The Lord has shown me. For those that believe the Lord and desire to seek refuge, then listen to this recording and carefully follow its instructions! http://www.churchfreedom.org/places-of-refuge-where-to-go-during-the-season-of-calamity/
I might call in sick on monday...partly for the entertainment value but also to see if I'll still have a job on tuesday.
...think I still have some popcorn around.
wait, can you go long popcorn?
and booze? and those fences they put up to keep people from taking headers off buildings?
"what do we do now boss?"
"oh... fuck it Morty...sell."
Chopper Dollars From The Sky
" IT WAS LIKE THE SOUND OF A MILLION BIZ JETS SPOOLING UP AT ONCE,and headed east!"
My apologies to Obi won Kenobi.....
This won't stop until we put all Jews and their gentile enablers inside the oven.
"While the sell-off on Friday may have felt very sudden, Jim Cramer has seen the market going down for a very long time."
This-from the CNBC website. Cramer for President!!!
I'm kind of bummed out that gold didn't do better today. They kept it under $1,100. When the stock market similarly tanked in August 2011, gold rose great, reaching its over $1,900 peak in September. Not sure why it is different now or rather, today.
Sir John...hold on at all cost. Sell your pick up truck, he'll the wife and kids too...don't play into their hands and sell in desperation. That is the plan, how do you think they'really going to get their hands on enough gold to cover what they owe to so many countries that have come knocking...
I will sell everything else before the pms...gold, silver, lead and brass
"We had to pull it."
I did see a dozen deer in the headlights this evening leaving the woods with my bow. First thought was could it be Black Friday? I got until Sunday for last day of season to put another one in the freezer. High temp
Sunday of 3 degrees. I hope to gitter done tomorrow . 3 degrees and wind in a tree stand gives a whole new definition to blue balls. Good weekend to all. As mama used to say, "this too shall pass."
i think this is sorta comical
So you are saying that free money and living beyond one's means via ever increasing debt are not the path to global prosperity? And purposefully inflating asset values beyond their reasonable fundamental value could actually end badly?
So weird.
Get your shit in order! Be ready for bounced pay checks and late paychecks.
Store up some food, water and booze while you still can.
And as I always do. I recommend buying a piece of land and building a small off the grid cabin on it. Learn about compost toilets and off the grid water supplies and outdoor wood fired ovens.
Form cabin nets with friends and help each other out.
Always be ready. But if you dont lose everything in this mess and dont need to move into it full time, at least you will have a cool place to get away from it all.
Learn about compost toilets
A 3' post hole monthly ... cost of a post hole digger.
More like Red Friday.
It is not all bad...if you had listened to the shoeshine person...he would have told you to short the market back on Thanksgiving. So for all the bulls out there...thanks4giving cause I am receiving...
Days like this I like to watch a cable business news channel...open the lock box and smile at the sight of the shiny stuff...then field strip my rifle, give her a nice rub down, then sit back with a big buttery bowl of pop corn.
Extended bank holiday? Go ahead fuckers, shoot to kill all moneychangers.
Personally I don't care 1 iota about the banks. I leave just enough of my check in them to pay the bills electronically and a day later it's gone.
Everything else is hidden and under my control. Banks? huh! They are nothing to me but a way to pay the bills electronically.
And if they f%$k around and give me that, "I own you BS" I just wont deal with them at all. I will find anorther way.
Everything is nothing. Someone else is in your house and you are no longer here.
Sad days. It could have been different.
Yawn. Wake me up when we crack Dow 10,000.
I love chart porn in the morning! Gets me hard.