Presented without commentary...
Equities (blue) relative to Gold, Treasury yields (red), and USD (green)...
and in CONTEXT, things are just as 'interesting'...
Chart: Bloomberg and Capital Context
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FUCK YOU Bernanke !!!
Suck my cock with your Bernanke put.
u on viagra too?
Bernanke sex tools. ... uhhh... I mean Fed tools... he's a tool.
Nothing is, but what is not.
He's all form in zero substance.
Hot air will rise until it doesn't!
help me i've got a boner and it wwill not go down!
They have a career for you over at TSA.
Those TSA fuckers are coming to MY country!
Imagine if British coppers turned up in the good ole US of A and started throwing down. How'd y'all like them apples?
i'm sending janet napolitano right over!
Find that recording of Marissa Mayer laughing. Gauranteed!
VIX expiry today....wanna talk about manipulated markets like LIBOR....look no further.
Classic CEO laugh right? What?
Got to love the JCP boner moment today.
If I had a big enough dildo, and a place to kneel, I could fuck the world.
The market is very attentive to the words of Bernanke. Be seen whether shares have the same effect.
that looks about right. kool-aid for everyone, er, I mean money for everyone
and by 'everyone' you are only referring to banksters of course
only the people that matter...
peak earnings season bullshit......today is all IBM, CAT etc and large caps moving the dow and ES.....INTC announces crappy earnings and guidance and shazam! stock is euphoric!
Obviously on Viagra
at least we know where the algos have been told to put their free money from the Fed.
Can anyone else hear the 'click, click, click' of the roller coaster, or was that just me loading my guns?
That's just Ben playing Russian Roulette with the economy. No worries.
Anyone have an extra bullet to help even up the odds? Maybe Ben can play with an oozi.
just give him a stick of dynomite and a match.
I got an extra five he can borrow...
but I want the "winning" bullet back after they dig it out of his cold, dead skull.
Should go a bomb on eBay :O)
It's just them buying, so they'll let us know when they'll happily sell it back to us all on the back end. God's work, remember?
Hhhmmm. There is a trade in there somewhere. Implied value 1350?
Bizzarro market - it is all the techs that are driving the market, lead by INTC, which lowered guidance tomorrow, guidance which most think is still too optimistic. Go figure.
And AAPL down on the day as well with analysts thinking they may actually be soft on earnings and guidance. If that were to happen, then you'd see a market drop faster than you could imagine.
It would just trigger another melt up.
Having the 10y treasury yield on that top chart makes no sense. It should be inverse (assuming negative correlation as they both skyrocket) treasury prices and on a percentage chart. The scale is messed up using nominal S&P against bps on bond IRs.
edit: I compared SBF to the S&P it does look like equities started to outstrip the inverse bond fund late last week. The flight to bonds (as t-bonds have outperformed in july) may have been misinterpretted as a flight to safety instead of what it was, a flight from the euro. Now equities are playing catchup.
Stocks up, the recovery is finally here!!!! Time to load up my leased Escalade up with 65" plasmas.
Let's everyone go looting!!
That's how Compton, CA plans to repay its creditors.
YOU SHAVE YOUR ASS!
No one has seen the Caddy Shack pool scene?
"Time to load up my leased Escalade up with 65" plasmas."
I for one plan on buying the TV from Cowboy Stadium.
Might need 65 Escalades to load that plasma...
"A plasma in every pot Bitchez" Obama '12
Look at the S&P running...wow. I mean those suckers in bonds today are really feeling it. I mean look at the LQD....that is some....wait a minute....what?
It's quite obvious that the bernak has made every market worthless for a return BUT the stock market. They have set shit up so the best return is buying and selling stocks. Period. Therefore, unless the world is destroyed by a comet or earthquake, don't look for a market crash anytime soon. The masters have seen the that.
crack up boom.....
I don't think so jtmo. Credit is on fire. They are flipping bonds like miami condo's in 2004.
You're right. Bernanke thinks he has us all figured out. Half of us will take his free money and buy Treasuries, the risk averse half, that will keep debt servicing costs down. The other half, the risk takers, will take the free money and jack the shit out of equities. That helps his bankster buddies who all got in at the bottom when he phoned them and told them his big QE idea, and the sheeple see Dow +++ every night on TV and flip back to American Idol.
So, let me get this straight --the same genius Bernanke who didn't see the Great Recession coming, or subprime contagion, or the futility of his QEs, is now to be relied on to suspend this
market in mid air, with no net.....?
I'll take the other side of that bet. Thank you!
Seems even ZHs are signing on to the consensus view that you should never fade Maestro, Jr! I love the contrarian comfort of that.
So, let me get this straight...the same genius Bernanke who didn't see the recession coming, or subprime contagiion, and the futility of his QEs is now to be relied on to suspend this
I'll take the other side of that bet.... And, it's nice to be on the opposite side of that current consensus view (even here at ZH, it seems! -- which is a change).....
That gives me contrarian comfort, to boot.
this makes the fraud of the internet stock boom/bubble/bust look like preschool childs play. I hope Ben is happy chasing away every trader on the planet. Then you can have what you call a "market" and stick it. F#@k you ben.
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