Trump Bump Stalls Amid Bullion, Brexit, Banks, Bonds, Brazil, & Black Gold

Tyler Durden's picture

Today's trading brought to you by the letter "B" and not by the number 20,000...

 

"B" is for Breaking narratives.. as the reflation trade rolls over...

"B" is for Brexit talk from Theresa May sparked the biggest surge in cable since 1993, smashing back above 1.2400...

 

"B" is for Banks stumbled most since the election...(despite great earnings from MS today)

 

"B" is for Brazil declined Saudi production cut request and hit oil prices...

 

"B" is for Bullion - soaring up 16 of the last 18 days (7 in a row), touching $1220 today...

 

"B" is for Bonds which saw yields plunge today.... (yields down 4bps to 7bps across the curve today)

 

Not surprising given the record short position...

 

And "B" is for Blood on the streets in FX land...

*  *  *

Year-to-date, gold is the biggest winner and The Dow back unchanged...

 

Small Caps end the day in the red for 2017...

 

Banks led markets lower...

 

And Banks and Energy stocks are the year's biggest losers...

 

VIX somehow manage to end with an 11 handle...

 

All the majors rallied against the greenback today but it was cable that outperformed...

 

Since The Fed hiked rates, bonds have rallied... "policy error"?

 

Are stocks ready to drop back to reality?

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Kaiser Sousa's picture

nice ramp yet again beginning with the last hour of "trading" on the Dow Jones Propaganda Index on ABSOLUTELY NO POSITIVE MACRO-ECONOMIC DATA OR NEWS WHATSOFUCKING EVER...

of course brought to u courtesty of glue factory stawks like WalMart, Nike, McDonalds, Proctor & Shambles...

total bullshit...

DEATH TO THE MONEYCHANGERS.

Citizen_x's picture

 

Hey...the mayor is back

GGuy's picture

B is for BITCHES, bitchez!

AlexCharting's picture

Finally! He seems to get spooked if THE MARKET IS RIGGED posts before him. 

Raffie's picture

Never a dull moment in the markets now days.

Look at them chart lines. They ALL OVER THE PLACE.

Higher Highs and Lower Lows.

GGuy's picture
GGuy (not verified) Raffie Jan 17, 2017 6:36 PM

Did you check out the Ichimoku Cloud, or the Aroon Oscillator for $SLV Today?

RawPawg's picture

today's number

17+(handle)

btw...missed seeing ya around

i loves the Master Sousa

Kaiser Sousa's picture

been awhile RP...

whole lot of this and that goin on around the homested but coming under control...

the metals r moving alright but nowhere near where theyre headed...

aint nothin changin round here...

still stackin...

cheers.

RawPawg's picture

just wanted you to know

Yous a Hero to many(including moi)

you deff been a Voice,that i listen too

Take Care,Bro

zagzigga's picture

I think they are going to keep the markets propped until inauguration to keep up the illusion of Obama handing over a sound economy to Trump. The action in the stock market for the past 1 year or so is utter bs and seems like very clear intervention by the PPT. Let's see if they pull the plug after Trump takes over.

Kaiser Sousa's picture

"The action in the stock market for the past 8 years or so is utter bs and seems like very clear intervention by the PPT."

fixed it 4ya...


Rainman's picture

Last I heard there is no reliable antidote for hopium poisoning.

adr's picture

Today is the kind of day when you laugh and stick your hands in the air with the double middle finger salute.

Fuck y'all and fuck it all.

There is no controlling the market anymore, just watching it kill itself.

misterb4096's picture

You forgot Bitcoin (up 10%)...

U4 eee aaa's picture

You beat me by this much :)

U4 eee aaa's picture

B is for Bitcoin which popped $60 on Trump talking down the US$

flaminratzazz's picture

More destructive than bombs, money has become the weapon of choice for the global elite, for the hidden hand of finance can plunder and conquer entire nations, assimilate whole cultures, exploit resources and rape the earth while forcing billions into poverty, all with the surprising stealth of pen-strokes and business contracts

DingleBarryObummer's picture

^^ The best poem I've heard in ages.

Archibald Buttle's picture

well said, sir. and a good reminder that when it comes time for pitchforks, we best remember our torches as well.

King Tut's picture
King Tut (not verified) Jan 17, 2017 5:31 PM

Trump's isolationist talk sounds more like King Dollar to me

NoWayJose's picture

Trump's policies DO support a stronger dollar.

Yellen and the Fed policies DO support a stronger dollar.

While I think the dollar is overvalued, it won't likely tank unless the policies change.

Furthermore - the Dollar will usually get stronger when global markets dip. And I think they will dip.

That's 3 solid reasons to argue that the dollar won't dip too much further.

And we still have the honor of being the cleanest dirty shirt in a sea of failing currencies!

SomethingSomethingDarkSide's picture

But everyone is short treasuries and vix, ie long the dollar.  Contrarian investing would say maybe bet against.  Cynical investing tells me the algos are going to smash the overstacked positions for some hft gainz.  I am betting against the dollar, fed is vocally backing off 3 hikes, brainard says!

Dark Daze's picture
Dark Daze (not verified) King Tut Jan 17, 2017 10:34 PM

Maybe, but I doubt it, at aleast in the short term. They would have to soak up over 16 Trillion in currency, or unleash hell.

Nobody For President's picture

Tedious and terribly tiresome, trendy, tawdry, trading allieteration.

TWO days, 19 hours, 18 minutes.

https://countingdownto.com/countdown/obama-out-of-office-20-january-2017...

Rebel yell's picture

I'm confused. I thought that we were on the letter b.

Rebel yell's picture

Beautiful Tyler! You're hysterical!!! AAA + + + ! ! ! Wall Street lost to Sesame Street.

swizzlefoot's picture

B for Bitcoin

there is this misconception you need to buy and hold bitcoin in cold storage (yes, do this if you have a low risk tolerace, and frankly with 60%+ of your crypto portfoilo). you want to capitalize, it's ABC, like every market,. buy low, sell high, rinse repeat, @ the end of the day, C.R.E.A.M

RonnieM's picture
RonnieM (not verified) Jan 17, 2017 6:32 PM

We love Zerohedge in London. My whole investment firm is on here. I think they are the crude ones.

But we also see the repetitious articles that seem to gloat some sort of market esoterics; yet they are never precise and when they are predictive they fail.

 

Our firm uses one analyst who guess what? Proves their past calls by showing a variety of time stamped charts on theory blog and Facebook pages.

Unfortunately they are not taking new subscribers. But .This proves that there are some truly good analysts.

www.shepwave.com/blogs

Check these gold and index charts. 

https://t.co/f3mU9N8rc4         is the link I got for their charts.  Good stuff

NugginFuts's picture

So you're saying you have a firm full of analysts that can't think for themselves, and yet we should trust your spam-riddled recommendation?

Please, if you can't interpret your own data you should find a new job. Preferibly not in the spam industry. 

AliSONY's picture
AliSONY (not verified) NugginFuts Jan 17, 2017 7:35 PM

I think most advisers use other analysts.  In his defense.

LowerSlowerDelaware_LSD's picture
LowerSlowerDelaware_LSD (not verified) AliSONY Jan 17, 2017 11:47 PM

This mom’s basement dwelling, failed trader, now spammer, registered the following spam accounts to promote their scam. Please don't give him the satisfaction of seeing his site hit counter go up from ZH clicks. He's not very bright, but eventually he’ll go away if his spam scam doesn't bring income from ZH. The spam accounts are: AliSONY, Babs.St.Louis, Billy G, Chi Juan, Dr.Carl, ErikE, FemDayTrader, FRLEPU, Irvingm, jasony, John Beau, KC Spike, MadhyaBharatx, MexInvest, MikeM54, Mon T, P Christmas Carole, Penny Trader, Pinky and the Brain, PUNE,  RonnnieM, RoBERTAZ, Sonya B59, Stan Your Man, StevieTexie, Van G, Virginia Wooolf, wisetrader224, and xantippa

Stan Your Man's picture

These people cannot obvioulsly even read a chart. 

 

Actually they are probably broke because they have been short the markets for five years in a row.  now THAT I THINK IS FUNNY.   They lose all their money and want to criticie legitimate traders and analysts who are making money.

 

ShepWave 

ShepWave Pre-Market / Intra Day Update for Wednesday Published.
by ShepWave.com
Posted: 1/17/2017 21:47 EST

 

Again, YOU CAN'T MAKE THIS STUFF UP!

The markets continue to be highly predictable and profitable.

If you took Friday's trade please read the notes and analysis carefully in this update. You are in the money. It is never a good idea to give back profits. Please read the notes carefully.

We are entering into a volatile time period coming up. Be objective and be flexible, and most importantly:  TURN OFF THE CNBC!

Log In at www.shepwave.com for Wednesday's Pre-Market / Intra Day ShepWave Update.

Click Here  and Click Here to see recent time stamped charts with markets calls. These are periodically changed to show the wide range of vehicles that ShepWave covers. 



We have had some new traders and investors ask about a trial for ShepWave.

 

For the next couple of days ShepWave is offering a One Month Subscription for $49. This will end soon.

 

Log In at www.shepwave.com to Subscribe and to see ShepWave Updates.

 

$129 One Year ShepWave Subscription Special.

ShepWave $129 One Year Subscription special for our valued customers will end soon. Thanks to all of our regular customers of over 13 years. This special offer is being extended to any new subscribers as well, for a short time only. [To current up-to-date subscribers, the one year will automatically be added to your expiration date.]

13 year anniversary

LowerSlowerDelaware_LSD's picture
LowerSlowerDelaware_LSD (not verified) Stan Your Man Jan 17, 2017 11:47 PM

Oh, look... the VERY same aliases (see the full list, below) are posting to themselves again.  It couldn't possibly be ONE person living in his mom's basement, trying to scam people for $39/month, could it?

This mom’s basement dwelling, failed trader, now spammer, registered the following spam accounts to promote their scam. Please don't give him the satisfaction of seeing his site hit counter go up from ZH clicks. He's not very bright, but eventually he’ll go away if his spam scam doesn't bring income from ZH. The spam accounts are: AliSONY, Babs.St.Louis, Billy G, Chi Juan, Dr.Carl, ErikE, FemDayTrader, FRLEPU, Irvingm, jasony, John Beau, KC Spike, MadhyaBharatx, MexInvest, MikeM54, Mon T, P Christmas Carole, Penny Trader, Pinky and the Brain, PUNE,  RonnnieM, RoBERTAZ, Sonya B59, Stan Your Man, StevieTexie, Van G, Virginia Wooolf, wisetrader224, and xantippa

SILVERGEDDON's picture

Ronnie, go suck off a bunch of your firm homies so's you can afford to pay for advertizing. 

Pimping your shit here is losing you more street credit than you will ever have in this lifetime, you shriveled little cretin gobspot on left over bangers and mash.

British colloquialisms  in order to ensure your understanding, you smarmy Limey bastard. 

AlexCharting's picture

Your crappy archaic website speaks volumes about your abilities... 

Stan Your Man's picture

I checked them out. Their time stamped charts PROVE they are making correct calls.

ShepWave 

ShepWave Pre-Market / Intra Day Update for Wednesday Published.
by ShepWave.com
Posted: 1/17/2017 21:47 EST

 

Again, YOU CAN'T MAKE THIS STUFF UP!

The markets continue to be highly predictable and profitable.

If you took Friday's trade please read the notes and analysis carefully in this update. You are in the money. It is never a good idea to give back profits. Please read the notes carefully.

We are entering into a volatile time period coming up. Be objective and be flexible, and most importantly:  TURN OFF THE CNBC!

Log In at www.shepwave.com for Wednesday's Pre-Market / Intra Day ShepWave Update.

Click Here  and Click Here to see recent time stamped charts with markets calls. These are periodically changed to show the wide range of vehicles that ShepWave covers. 



We have had some new traders and investors ask about a trial for ShepWave.

 

For the next couple of days ShepWave is offering a One Month Subscription for $49. This will end soon.

 

Log In at www.shepwave.com to Subscribe and to see ShepWave Updates.

 

$129 One Year ShepWave Subscription Special.

ShepWave $129 One Year Subscription special for our valued customers will end soon. Thanks to all of our regular customers of over 13 years. This special offer is being extended to any new subscribers as well, for a short time only. [To current up-to-date subscribers, the one year will automatically be added to your expiration date.]

13 year anniversary 

LowerSlowerDelaware_LSD's picture
LowerSlowerDelaware_LSD (not verified) Stan Your Man Jan 17, 2017 11:44 PM

So, you're saying that you checked yourself out. Spammer.

Why does it pay better to spam the crap out of ZH than trading with your "highly predictable and profitable" calls?

Dark Daze's picture
Dark Daze (not verified) RonnieM Jan 17, 2017 10:32 PM

They are 'never precise' because it is nearly impossible to predict the actions of predators, so we are all busy making sure we have 360 degree protection.

It will blow, it has to. There is no justification for the position of the US dollar or the US stock market, at this point.

Stan Your Man's picture

Can you READ?  See the time stamped charts. CANT LIE IN A TIME STAMP CHARTS. RONNIE IS RIGHT

 

ShepWave 

ShepWave Pre-Market / Intra Day Update for Wednesday Published.
by ShepWave.com
Posted: 1/17/2017 21:47 EST

 

Again, YOU CAN'T MAKE THIS STUFF UP!

The markets continue to be highly predictable and profitable.

If you took Friday's trade please read the notes and analysis carefully in this update. You are in the money. It is never a good idea to give back profits. Please read the notes carefully.

We are entering into a volatile time period coming up. Be objective and be flexible, and most importantly:  TURN OFF THE CNBC!

Log In at www.shepwave.com for Wednesday's Pre-Market / Intra Day ShepWave Update.

Click Here  and Click Here to see recent time stamped charts with markets calls. These are periodically changed to show the wide range of vehicles that ShepWave covers. 



We have had some new traders and investors ask about a trial for ShepWave.

 

For the next couple of days ShepWave is offering a One Month Subscription for $49. This will end soon.

 

Log In at www.shepwave.com to Subscribe and to see ShepWave Updates.

 

$129 One Year ShepWave Subscription Special.

ShepWave $129 One Year Subscription special for our valued customers will end soon. Thanks to all of our regular customers of over 13 years. This special offer is being extended to any new subscribers as well, for a short time only. [To current up-to-date subscribers, the one year will automatically be added to your expiration date.]

13 year anniversary

LowerSlowerDelaware_LSD's picture
LowerSlowerDelaware_LSD (not verified) Stan Your Man Jan 17, 2017 11:48 PM

This mom’s basement dwelling, failed trader, now spammer, registered the following spam accounts to promote their scam. Please don't give him the satisfaction of seeing his site hit counter go up from ZH clicks. He's not very bright, but eventually he’ll go away if his spam scam doesn't bring income from ZH. The spam accounts are: AliSONY, Babs.St.Louis, Billy G, Chi Juan, Dr.Carl, ErikE, FemDayTrader, FRLEPU, Irvingm, jasony, John Beau, KC Spike, MadhyaBharatx, MexInvest, MikeM54, Mon T, P Christmas Carole, Penny Trader, Pinky and the Brain, PUNE,  RonnnieM, RoBERTAZ, Sonya B59, Stan Your Man, StevieTexie, Van G, Virginia Wooolf, wisetrader224, and xantippa

RonnieM's picture
RonnieM (not verified) Dark Daze Jan 17, 2017 11:38 PM

So you obviously did not see the charts . Another ignorant comment based on a lack of research

 

LowerSlowerDelaware_LSD's picture
LowerSlowerDelaware_LSD (not verified) RonnieM Jan 17, 2017 11:50 PM

So obviously you make more money spamming than using your own "charts."

NEVER TRUST A DISHONEST SPAMMER.  Lets talk about that, shepwave.

Stan Your Man's picture

Excellent analysis for sure Anohte good call on Friday that made me good money today

 

This is from their blog today,

 

www.shepwave.com/blogs

 

ShepWave 

ShepWave Pre-Market / Intra Day Update for Wednesday Published.
by ShepWave.com
Posted: 1/17/2017 21:47 EST

 

Again, YOU CAN'T MAKE THIS STUFF UP!

The markets continue to be highly predictable and profitable.

If you took Friday's trade please read the notes and analysis carefully in this update. You are in the money. It is never a good idea to give back profits. Please read the notes carefully.

We are entering into a volatile time period coming up. Be objective and be flexible, and most importantly:  TURN OFF THE CNBC!

Log In at www.shepwave.com for Wednesday's Pre-Market / Intra Day ShepWave Update.

Click Here  and Click Here to see recent time stamped charts with markets calls. These are periodically changed to show the wide range of vehicles that ShepWave covers. 



We have had some new traders and investors ask about a trial for ShepWave.

 

For the next couple of days ShepWave is offering a One Month Subscription for $49. This will end soon.

 

Log In at www.shepwave.com to Subscribe and to see ShepWave Updates.

 

$129 One Year ShepWave Subscription Special.

ShepWave $129 One Year Subscription special for our valued customers will end soon. Thanks to all of our regular customers of over 13 years. This special offer is being extended to any new subscribers as well, for a short time only. [To current up-to-date subscribers, the one year will automatically be added to your expiration date.]

13 year anniversary

LowerSlowerDelaware_LSD's picture
LowerSlowerDelaware_LSD (not verified) Stan Your Man Jan 17, 2017 11:50 PM

This mom’s basement dwelling, failed trader, now spammer, registered the following spam accounts to promote their scam. Please don't give him the satisfaction of seeing his site hit counter go up from ZH clicks. He's not very bright, but eventually he’ll go away if his spam scam doesn't bring income from ZH. The spam accounts are: AliSONY, Babs.St.Louis, Billy G, Chi Juan, Dr.Carl, ErikE, FemDayTrader, FRLEPU, Irvingm, jasony, John Beau, KC Spike, MadhyaBharatx, MexInvest, MikeM54, Mon T, P Christmas Carole, Penny Trader, Pinky and the Brain, PUNE,  RonnnieM, RoBERTAZ, Sonya B59, Stan Your Man, StevieTexie, Van G, Virginia Wooolf, wisetrader224, and xantippa

Yen Cross's picture

 I'm so perturbed...

  Usually, I'd stack my $usd short trade 

  Usually- the Truth prevails.