Breuphoria - Stocks Explode Higher On Biggest Short Squeeze In 7 Years

Tyler Durden's picture

We hope this helps...


Quite a week!!!

  • S&P +3.3% - best week since Oct 2014 Bullard Bounce
  • "Most Shorted" stocks =10.1% in last 4 days - biggest squeeze since May 2009
  • Financials +3% - best week in 3 months
  • 30Y Treasury yield to record low - best week in 3 months
  • Silver +11.25% - best week since Aug 2013
  • Gold up 5 weeks in a row
  • Oil +3.2% - best week in six weeks
  • Copper +5.5% - best week in 3 months

Since Brexit, bonds and bullion remain best and stocks tried their best to scramble back to unch...


The Dow has been the best post-Brexit performer... gettuing with 9 Dow points of the pre-Brexit close...


S&P at 2,100 and Dow at 18,000 were as crucial as getting green to Brexit...



On a yuuge short squeeze...(biggest weekly rise in "Most Shorted" in 4 months)


BUT the last 4 days' 10.1% surge is the biggest since May 2009!


On no volume...


It's been quite a few weeks for VIX... its biggest drop in history this week


While financials had a great week, they are still down over 2% from Brexit...


And the curve just keeps running away from them...


Treasury yields have tumbled since Brexit, reaccelerating lower today...


To record lows for 10Y and 30Y...


As 2s30s curve crahses to its lowest since Jan 2008 - when the last recession was underway...


FX markets were choppy but volatility dropped as The USD Index slid 4 days in row...


Commodities all rose on the week but Crude remain slower post-Brexit as Silver explodes...


Crude rallied thgrough the NYMEX close for the 10th day of the last 11 and extended on...


Silver is up 14% in the last 6 days post-Brexit... pushing for $20... the biggest surge since August 2013...


Charts: Bloomberg

Bonus Chart: What Happens Next?

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brada1013567's picture

Nothing like an oil ramp to get things going

TradingIsLifeBrah's picture
TradingIsLifeBrah (not verified) brada1013567 Jul 1, 2016 3:13 PM

I always prefer Petroleum jelly first

The Saint's picture
The Saint (not verified) TradingIsLifeBrah Jul 1, 2016 3:54 PM

Off topic UPDATE: Hillary meets with the FBI Saturday.

Save_America1st's picture

Lemme guess...

Gartman went massively bearish (again) sometime around Tuesday and shorted everything after the Brexit only to be dead wrong (again) and was "caught off gaurd" (again) by the bankster manipulated plunge protection mania over the last few days; thus was late to the party (yet again) having to cover YUUUUGE losses (yet againer).  Now he's "bullish" again and prepared to go long next week when yet again he'll be dead fucking wrong.

Does that about sum it up?

Silver fucking ROCKED IT today, bitchez.  Obviously, thanks to the Cartel Monkeys allowing the vacuum-tube algo-bots to run wild with it.  It's nice to see, but I liked stacking around that 14/15 level for a while. Maybe this was a head-fake 4th of July "Freedom" present from the Cartel so they can hammer the piss outta PM's next week???  Who fuckin' knows...

Hope everyone waited to stack phyzz this week.  Let's see how this plays out.  Either the Monkeys come on strong Tuesday and pull the rug out from under this leg up, or they lose control and then silver slingshots towards 24 or so.  This isn't necessarily a bad spot to buy a little more though.  If it's allowed to jump up to 24 I think they will then drive it back down to 19 or 20 again.  And then buy more.  But I have a feeling premiums won't be so nice after this.  We'll see supply shortages and premium spikes fer sher. 

Buy a little on the way up and wait for a big dip after that and then BTFD after they crush it.  Either way just cost-average as usual and don't forget the extra butter on the popcorn for the big show!

Happy 4th of July..bitchez ;-)

And try not blow anything off, cause a 5000 acre fire or lose a fuckin' eye over the weekend, okay???  Let's all come back on Tuesday with all our digits still attached. ;-)

Countrybunkererd's picture

what a convenient time.  Here we are now, entertain us!!!!  look at all the pretty flashes of light!  WOW!  I felt that boom on my chest!!!

What a crock of shit... the people or the hildabeast, you decide.  Both?


As if anyone here didn't expect this market on this particular weekend.  Stay Safe and have a great weekend!  Don't forget to exhale during your shot if you encounter a tererrisss!

dogfish's picture

And the house rakes up the chips again.

nibiru's picture

Nothing like stacking my gold and seeing it glitter at the end of the bloodbath time for banks.


Pleasure to watch. Both. Especially that China is definitely watching all this and runs to the bank with both gold and silver


Keltner Channel Surf's picture

“I Taught You Babe**”         from    "I Got You Babe"           by Sonny & Cher

**As sung by Stanley Fischer and Janet Yellen

{Yellen}  They say we're dumb and we don't know, we won't find out until we leave Zero
{Fischer}  Well I suspect all that's true, 'cause you taught me, and baby I taught you

{Janet & Stanley}  Babe, I taught you babe, I taught you babe
{Janet}  They say that doves can’t pay the rent, ‘cause nothing’s earned, the money’s all been printed
{Stan}  I guess so, but we don’t have any pot, so I’ll check to see what other drugs we’ve got

Babe, I taught you babe, I taught you babe

{Stan}   I felt empowered back last spring, I got you to bear tapering
{Janet}  And now I’m sad, market was down, but if I get scared, QE’s always around

{Janet}  Don't let them say “too low too long” 'cause I don't care, with ZIRP I can't go wrong
{Stan}   Then merge your dovish plan with mine, there ain’t no hill the S&P can’t climb

Babe, I taught you babe, I taught you babe

{Stan}    I taught you to blunt demand        {Janet}    I let our balance sheet expand
{Stan}    I got you to talk for me                {Janet}    I got all the hawks with me
{Stan}    I taught you to diss the Right        {Janet}    I taught you to hold rates tight
{Stan}    I got ZIRP, I won't let go              {Janet}    I taught you to love Zero

I taught you babe ...

Winston Churchill's picture

Somebody has a lot of spare time.
I'm looking for some frozen sperm from RedRum's bloodline.
I can pay $1 per hour surfing the internet.Interested ?

Keltner Channel Surf's picture

That's 'cause you assume that, like you, that it takes eight weeks for others to come up with a clever line.

Actually, it was originally posted in the fall of 2015, since then I've had a very refreshing nap.

Keltner Channel Surf's picture

Well, when you're a "no talent wannabe" you gotta conserve energy whenever you can.  Enjoy your holiday, next week should be interesting.

N0TaREALmerican's picture
N0TaREALmerican (not verified) Keltner Channel Surf Jul 1, 2016 3:13 PM


Traderone's picture

Always nice when the 'thinking mans' writer gets a comment in before the two comedians.

bnkrs vs Humanity's picture
bnkrs vs Humanity (not verified) Traderone Jul 1, 2016 3:27 PM

Traderone = real bitch made.

now why don't you go ahead and take one up your ass like you're used to bitch.

Kaiser Sousa's picture

now, now bro...


bnkrs vs Humanity's picture
bnkrs vs Humanity (not verified) Kaiser Sousa Jul 1, 2016 3:39 PM

i thought he stopped posting, i guess he just enjoy being called a bitch and that keeps him coming back.

Keltner Channel Surf's picture

Alright, that's enough!  If you 3 boyz can't get along sitting together on the same page, I'll be forced to have you, and the whole class, post in alphabetical order.

bnkrs vs Humanity's picture
bnkrs vs Humanity (not verified) Keltner Channel Surf Jul 1, 2016 3:48 PM

KCS = no talent wannabe attention whore.

now why don't you go ahead and keep paraphrasing people with real talent.

blue51's picture

Perspective and opinions are subjective, and I happen to appreciate KCS' posts.

Keltner Channel Surf's picture

Must be my 'fast' Time-Warner cable modem ... or at least that's what the commercial's say.  Plus, I learned to tell time at a very young age.

Countrybunkererd's picture



Have a good one KCS!  Enjoy the extra day!

Countrybunkererd's picture

wait does that make me one of the two comedians?

Keltner Channel Surf's picture

No, for that you'll need to provide a joke, or perhaps a limerick:

On Bloomberg Bullard's a smiler
Bats his eyelashes, such a beguiler
If you think he came clean
To you it must seem
That only one person is Tyler

Citizen_x's picture

It is a fight club, right ?
When we all aren't pissed off enough at this rigged, farce of
a free and open market. We will fight among ourselves to stay sharp and skilled.
Pay it no mind T-1. You know what you are doing; Don't quit because some disagree.
We all disagree, everyday.
Now, if you so desire, smack'em back to their Mickey D's french fryer.
They look wonderful in hair nets.

blue51's picture

KCS, I could smile all weekend, if I could be told , you have sent this to the FED's website , as well . Pure talent, Sir.

Keltner Channel Surf's picture

If I did, they'd pay me back by sending Bullard and Fischer out to blather on TV eight times a week, instead of just 2 or 3.  Better to let sleepwalking dogs lie.

bnkrs vs Humanity's picture
bnkrs vs Humanity (not verified) Jul 1, 2016 3:08 PM

         World financial market major players’ transcript: Q2.

Yellen: ughh--burp burp--our economy is improving---fart—but things are still pretty—burp-- fucked up abroad, and  ughh our inflation target remains elusive, ughh-- sooo federal rates will continue to be suppressed lower—burp fart yawnnnn.

G7: Let’s get them ready for the summer of chaos! Whoooooooo.

Obama: ugh folks don’t forget to make things spicy and entertaining, this is going to be the hottest summer ever. Ughh-- I tell you folks, the end of a republic has never looked better.

Rothschild: Shall we begin?

Sorros: Wait wait, allow me some time to position myself for a big juicy fat ass profit.

Britain: Fuck you Rothschild, eat shit and die bitch!

Carney: Easy there boy, don’t get too excited now; Roth the great still owns your lil punk ass.

Merkel: No one will take Europe from the fuehrer’s reign, never, neigh neigh neigh neigh neigh.

Draghi: I stand behind you brotha Merkel and I stand ready to stand behind Euro.

BBC: Reporting live from inside baphomet’s asshole; doom is coming doom is coming, I repeat doom is coming!!!

Maduro: You wanna talk about doom faggot? I show you doom. Hey Felipe tell hector I want all those cats and dogs in the pot immediately, it’s time to make some perogato soup.

Cameron: Well you know what mothafucka? Fuck all this doom porn bullshit, I quit bitch.

Retail investors: ohhh my fucking god doom is here, doom is here, I want my mommy I mean moneyyyy.

Kuroda: Jintao, what do we do now? What do we really fucking do now brotha? I heard doom is coming.

Cnbc: Fuck you talking about pussy? Just buy the god damn fucking dips you idiots, the stawks have bottomed.

Algos: buy buy buy buy buy buy-- moar moar moar moar –buy buy buy buy buy buy.



The Bell Rang's picture

Bite me...bite me  Coming down from here..............

Kaiser Sousa's picture

3 words...



ps: i lied.


debtor of last resort's picture

The only short in the current paradigm. I'd say; ban shortselling in all markets and get it over with.

Or: Mr. Yellen, show me some balls.

Squid Viscous's picture

Let me guess: "Bonds weren't buying it"

Jstanley011's picture

Or gold. Or especially silver, up 6% in a day....

skinwalker's picture

Why do people who do nothing but move money around have so much wealth and power? Why is doing something useless ranked so much higher than producing something useful? Why doesn't everybody get pissed off and burn wall street to the ground with the finance guys still inside?

Sometimes I think I'm the last man on earth with any sanity, so I come to the hedge to be around others of my kind.

Budnacho's picture

....and to be slowly added to all the Govt watch lists we are all on.....


Welcome Brother.....

TradingIsLifeBrah's picture
TradingIsLifeBrah (not verified) Jul 1, 2016 3:12 PM

I'm throwing a much bigger 4th of July party now that I have all these paper gains from US Equities.  Thanks Janets, Fireworks on me

Squid Viscous's picture

Fuck it, I'm going to Jew Land in East Hampstein tonight and getting one of those $12,000 bottles of bubbly

Countrybunkererd's picture

Not a bad idea.  We may not have anything to celebrate this time next year anyway.

thismarketisrigged's picture

nothing says buy stawks more than yields tumbling more and more by the day, as to where we r only a few pts away from an all time low.

nothing says buy stawks like an s&p cut on the outlook for u.s growth.


no one actually though they would let the ''market'' finish red today before ppl go on  there july 4th vacations. must have ppl talking about the wonderful stawk ''market'' at the bbqs this weekend.

Clap4Comments's picture

Fiat money is working so well, why not a fiat market?

RawPawg's picture


unloaded  about $600/700ish in fiat

Got Me:

25 oz Silver...check

Hi-Point 9mm Rifle...check

Red-Dot Scope for said Rifle...check

8 box's 9mm(50 rd's)...check

Gave Up:

Unloaded a fair amount of junk coinage...40% Kennedy's,A few Morgans,etc,etc

B'day,wife,and saved monies from cutting MIL's Grass

Y'all Have A Good,Safe,And Blessed 4th Weekend


skinwalker's picture

All good choices.


For those who don't like the hi-point, it goes bang when you tell it to, which is all I've ever asked of a gun. YMMV.

RawPawg's picture

Thank You for reaffirming my choice in make of gun,Hi-Points don't get the love they deserve

BTW..I failed to mention...i did all this transaction in ONE local gun/coin shop..another win-win

debtor of last resort's picture

It's not the paint that makes the warrior.

Countrybunkererd's picture

That SKS i had so long ago went bang when i told it to but was known to do that sometimes when not told to... killed a few that way, one not far removed from me.

Cheap *#*@&! junk...lethal as are most products seem to be from that place.

WmMcK's picture

Upvoted, but I like keeping the Morgans (and especially Peace Dollars).

RawPawg's picture

ain't gonna lie

i ws real stingy handing over the few(very few...2 at the most)Morgans.. I still Love the way that chicka looks on coinage

i had lotsa 40% Kennedy's to sweeten the deal...stilll got LOTS that came home with me

bugs_'s picture

best market gain since the end of the world.