Here Is Why The Futures Are Down

Tyler Durden's picture

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.
Cassandra Syndrome's picture

<------- Bloomberg Headline this evening "Stocks Advance as fears on Eurozone crisis ease"

<------- Bloomberg Headline this evening "Stocks tumble as Eurozone crisis worsens"

NewThor's picture

Economic collapse or whatever.

my future is up, up, up and away!

God bless everyone.

Except those evil banker fuckers.

Strike those demons down.

whirlybird rules's picture

If you think Bloomberg sucks, check out the EU/ECB Press Room, uh, I mean Reuters!  E.g., Monday's European opening headline, "Stocks Rising, Euro Stable on G-20 Assurances" (?!?!?!?)

Check out Dylan Ratigan's interview yesterday on MSNBC w William Black et al.  -  there is hope!

DeadFred's picture

Bloomberg's writers are so lazy they've been recycling those same headlines for months. I propose some news ones that are different and a bit more honest.

"Stocks tumble because we're screwed"

Stocks advanced because we're pretending we're not screwed"

RobotTrader's picture

Yep, and at the first whiff of trouble, people are dumping commodities and piling right back into paper.

augie's picture

I cherrish these insights robo... CHERISH them. 

TheFourthStooge-ing's picture

Yep, and at the first whiff of trouble, people are dumping commodities and piling right back into paper.

I agree with your assessment that such people are frantic, shortsighted fools.


Bastiat009's picture

They may be "frantic, shortsighted fools," but facts are commodities are being sold off as soon as trouble arises. It may not make sense, but it's happening.

tmosley's picture

I disagree with the assessment that these are "people" dumping (paper) commodities and moving into other forms of paper.

NewThor's picture

Don't let the kids get your down, RT.

You're the special sauce antagonist that makes this place fun.


PS. can u keep a secret? I know you're one of the Tylers. 

HelluvaEngineer's picture

The original Tyler doing Robo commentary was better than this one.

jdelano's picture

jesus.  can't believe I didn't figure that out for myself.  

Mentaliusanything's picture

Robo you got a camera in my shitter. I use only AAA rated paper on my Ass

Ricky Bobby's picture

Robo – here is how paper works. Initially there is a premium for the virtual money paper offers because it does not suffer from the physical erosion of real world forces –Theft, debasement, wear, clipping, counterfeiting ….  The essential ingredient for this to work successfully is confidence and integrity. Wisselbank was formed in 1609 as a 100%  deposit based bank under the idea of free coinage [accept any coin]. They would issue bank money for storing the coins and their notes did have a premium . For awhile the Netherlands economy prospered in good part because of the integrety of the structure. But of course Bankers being Bankers they soon started fucking with the system to make their vig and more, and you know how the story unfolds.


Well the concept was simple and brilliant but subject to so much political intrigue. The sociopaths just can’t keep their paws off it. The derivatives of derivatives of derivatives of the parper empire are so tilted, corrupt, convoluted, and ripe for reset I don’t understand how you can adhere to the status quo. Why don’t you get out on a limb and be creative, join with the forces demanding a system of integrety, because in the end the greatest number of humans will benefit from such  a system.

Fips_OnTheSpot's picture

I wonder what "catchy" headline bloomberg will feed the algos.. the one for CITI was already awesome

Ronaldo's picture

They are taking a beating.  Guess this is what the top of the range looks like, bad news to move things back down again.

Bastiat009's picture

Does anybody know why gold is crashing again and if gold will go under $1000/oz when the eurozone collapses?

I have yet to read a story about the gold crash in relation to the euro crash, and how that will impact trades worldwide.

What will happen to GM and Toyota and BMW and Mercedes are 50% cheaper? What will happen to Tiffany's when Cartier is 50% cheaper? ... 

JohnG's picture

Gold is crashing because of the 10K or so /GCZ1 sold on the last 20 minutes or so.  Doubt it goes below 1200 but it of course could.

JohnG's picture

Make that 20K or so....MASSIVE.

Bastiat009's picture

Let me rephrase my question: why would you dump GCZ1 before the market opens, without wanting a good price for it? Is it because people don't care about losing money? 

JohnG's picture

To cover older, more expensive shorts, lower.

msmith's picture

The ES, TNX, and CL have likely put in an important top yesterday.  Intermarket analysis tells us that big moves are likely ahead with risk off being the theme.