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What's Wrong With This Picture?
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some stocks have NO volume.
If you own a stock that isn't being traded...what is it really worth?
Why, it's worth what ever you want it to be; in a fair and far off land full of sunshine and beautiful trees, with the sound of music in the air.
Hey look the FASB arrived. sarcasm.
the correlation snapped last april. S&P "should be" near 620 right now:
http://finance.yahoo.com/echarts?s=%5ETNX+Interactive#chart7:symbol=^tnx;range=5y;compare=^gspc;indicator=volume;charttype=line;crosshair=on;ohlcvalues=0;logscale=off;source=undefined
Now that TPTB no longer feel the need to maintain even the slightest pretense that the market is unmanipulated, it's really untied their hands as to how they can push things.
Its like my baseball card collection....I can ramp up my prices on cards worth maybe $5 at most to $100...I can mark it all up in the columns....but it doesnt matter, no ones buying.
Yet, they have to push harder to move an object the same distance, because the pretense is gone. Less effect when people see through the manipulation.
Will we see more and more desparate blatant pushes until one push goes too far and off the cliff?
Yes. Next question?
Yes, everything is much nicer now, in the "post reality" world.
What's wrong with this picture?
There's no color, like green is for go and red is for stop.
At least it has arrows.
Big Ben's wet dream chart....
While I still like the US debt ceiling vs. gold price chart, I think I have to go with this one for "Chart of the Year"
Now, if only the masses could understand what they're looking at....
I think the real question is "who is buying shares and treasuries anyway?"
Where do you think all the Eurozone lifeboats are landing?
don't fail to understand the captive nature of the stock market investors who come to market looking for investment paper. since a great many of those are public unions they are funded by taxpayer money, or more appropratiately fiat currency out of thin air. the destruction of the private economy has made Wall St almost entirely dependent on these source. the more government spends the more investment income from wages and income generated by their spending. in the private economy model, for every dollar of new spending (credit) you create jobs, and new tax revenue. in the public service economy model you levitate assets without increasing the money supply, consumers leverage the new equity and that in turn increases demand and new spending. technically you have no inflation, you can endlessly raise asset values as long as the consumer can draw on those assets, the ReFi housing ATM for instance. this is why they are trying to reinflate the housing bubble. all assets move together, which is why obama is happy to see crude at $100, and gold, and housing and stock prices too. this is why the GOP will probably not get near the WH, they want to cut government spending.
"this is why the GOP will probably not get near the WH, they want to cut government spending."
You seriously still think there is a difference between the two parties? How quaint.
Kinda like thinkin' there's more than one Central Bank.
point agreed W Bush outspent just about everybody, and Romney is no different, i guess it comes down to what you mean by the GOP, or the austerity, small government section of the GOP. if they were to shrink government it would be a disaster for Bernankes policies. the pension funds are probably all that's holding us this market domestically. the Fed now owns more treasuries than China.
"all assets move together"
Really?
"GOP want to cut government spending"
Realllly?
a subset of the all-in-one market, see Bob Prechter for this.
Remember 1) Money DOES grow on trees and trees do grow to the sky
and 2) these trees grow in orchards, where they are carefully cultivated [there is no need for empirical data, or fertilizer] 3) the GOP, or at least half of the GOP wants to chop down the orchard, but they are never allowed near the levers of power, but are allowed to filibuster in Congress all they want, to no avail. that's it in a nutshell.
Some fuzzy recollection from back in the daze asserts that Union's were GASB, like credit unions or municipal funds or school districts.
Meaning the only paper was A grade fixed incomes. Speculating further, fund treasurers could only shop fixed incomes. Rules required they buy and sell through a pool of dealers. Over night rates back then were 5-6 percent. The riskiest collateral was limited to 80% insured principal products. They were allowed to mark "held to maturity" paper at book value, Available for Sale paper had to be booked at market and required a ticket from their regulator (if the ginkgo be working correctly).
Did not know union investment managers could work an equity portfolio. Splains a bunch if that be the case.
Maybe thats why GM, who had a union rep chaired next to a Pfizer CEO on the board, paid out, the year before the collapse 17 Million for Viagra scripts. If union suits want a chair on the board they should shop for funding and start their own business. When worker reps and management reps swap spit - the business gets screwed.
But, then there was that time at a seminar in San Diego when a broker fessed up the reason he was stashing and hidey holing a couple of thousand in 100 dollar bills between pages of a mag he picked up and to be returned to a spot on the floor outside a prospects or client's room door, jus down the hall, was the institution's portfolio managers share of some haircut tranacted or near being transacted.
One broker said a prospect promised an open line for man on man sex.
Saw a haircut play out once. traders buying cheap junk fraudulent paper purchased (at sham wow discounts) into their private account, then, some how, managed, with a few unethical brokers, and at a mighty tasty premium the brokerage's inventory. The brokers had client confirms for the poison paper ready to settle before the chain of transactions even occurred. Pretty sure some VP's / marketing direct signature was needed to complete the haircut.
Now thats change we can believe in - ya know dey do dat shit all da time. And it be all mum when the client and his attorneys expose de plot can't be damaging or scaring off clients over an easily settled 20 Million Buck haircut.
Luckily - the crew in the division buying time from moi to were insanely ethical - even heard a broker tell a client he did not want to buy a fat margin stand for sure that some other broker dealer had been sham wowing the client. It turn out that guy began selling "seed" door to door when but a babe in the woods - he didn't thank about commissions - his reward - honest to god - was that his client trusted him - it never be about the money - the reward was the client's trust. Believe it or not swear to buddah on a stack of tikis dat be true. That guy rolled in 12,000$/ Hr while he slept easy. Honesty do pay. Ain't no other way Jose!
Union investment managers trading equities - no wonder the rank and file always be pissed off!
The Bernank-a-rate shot it with a 12 ga full of QE.
Mom! The meatloaf!
this time it sure will be a heck of a DIFFERENCE!!! Just wait and see! From the side lines!:))
Either way, liking my oil puts and will buy the VIX under 15.00. Fucking bring it, "different" indeed. There is a PM trade in there somewhere.
I see some guy reclining in a dental chair preparing for an extraction
I see a guy lying face-down with his butt up, waiting for an injection! Screwed again.
Uh, this time is different, because the watermelon is sitting on a table?
It has been so long since we have had a significant upward move in interest rates that most of the active traders around now are not prepared to deal with it. Just wait. At some point ....every body wants out. Every one will be running for the doors at the same time. Oh there will be gnashing of the teeth! I do believe I will live to see it. "Every thing swings like a pendulem do..." ( Roger Miller )
I have been thinking over night, about how many systems around the western world have become like a credit card balance that is due for payment. There is not enough money for the payment available so the debtor borrows enough cash against the card to make the payment. How long can that go on. Not long.
Only as long as people accept fiat and do what the banker's puppets tell them to.
That is a good point, but I believe there is an another answer; As long as interest rates remain low, no one takes alarm. When interest rates do rise, and the cost of the carry begins to ramp up....Look out!
It apprears that it can go on for as long as the game makers say it can.
It will go on until a minorty with money realizes they are about to get smoked and abort the system like the Reserve fund breaking the buck.
Thank you. Now I know exactly who coined the phrase, "math is overrated."
A government that can front run it's own markets doesn't need to print.
It actually looks like three curves in a family. It would be interesting to see if the three data cohorts have some normalizing function or coefficient.
“A government monopoly on the issuance of money is purely central control over the economy…
“Currency is sound only when it is recognized through the actions of the market , without coercion… If you can be forced to accept the government’s increasingly devalued dollar, there is no limit to how far the government will go to debauch the currency. Anyone who attempts to create a market based currency – meaning a currency with real value as determined by markets – threatens to embarrass the federal government and expose the folly of our fiat monetary system. So the government destroys competition through its usual tools of arrest, confiscation, and incarceration.
“Restoring sound money will restrict the ability of the government to reduce the citizenry’s purchasing power and burden future generations with debt.” – Ron Paul
Now, says The End of the American Dream: “According to CNBC, the Federal Reserve ‘is planning on monitoring what you say about it on social media platforms like Twitter and Facebook…' Considering the fact that the Fed is setting up a system that would identify ‘key bloggers’ and monitor ‘billions of conversations’ on the Internet, it seems more likely that they are primarily interested in identifying critics of the Federal Reserve.”
The American Dream article - The FBI, the CIA, Homeland Security, the Federal Reserve and Potential Employers Are All Monitoring You on Facebook and Twitter – is on LewRockwell.com today.
http://lewrockwell.com/rep3/your-private-dossier-for-all-to-see.html
"Well, apparently the Department of Homeland Security is actually setting up fake accounts and using them to monitor social media networks for information. The following is from a recent Daily Mail article....
That same article detailed what some of those "sensitive words" are a few paragraphs later....
The arrow will point the other way once the S&P reaches 900
That is an awesome chart. It should be titled "Who Ironed the 10 YR TSY" Courtsey of big Ben Bernanke and the Federal Reserve Bank.
Thats not flying .......Thats falling ....with style.
---"Woody" sage of wisdom for the ages.
Rorschach image of a man in a dentist chair undergoing root canal...
nothing is wrong w/ the pic, except the S&P is in nominal dollars, of course, thereby giving the regression too much inflationary aggression
^this
I hope to speak for most if not all members Tyler, by saying, "A big thank you" for your efforts.
Yeah!...MY MAIN MAN!!
So if they have excessive ability to move the markets/prices now that means when it snaps they will have no ability to move the market\prices.
Man is this going to get ugly.
Note to Self: Don't trust Central Bankers with Porn Beards
Bahhhhhhhhhhhhhh.............bah........ba..b...............Dead silence.
Chart = one thousand dart throwing monkeys?
Chart = rifle scope in need of adjustment?
Unemployment Dirty Tricks- Temp Agencies
Zena & Rochelle discuss the dirty tricks Temp Agencies use to keep workers from getting their rightful unemployment benefits. The lay-off, rehire, then fire technique.
http://www.youtube.com/watch?v=KyOZwL4f6Pw&feature=related
How long can this realistically continue? Can central bankers really hold at these levels for another 8 or 9 months?
I'd also like to know the answer to that.
Well since there aren't any real people in the market, it can probably go on forever.
Maybe someday in the far distant future intelligent life will visit our planet. It will mostly be a charred and irradiated ball of glass and rock with one remaining computer still pumping AAPL.
Paper and confidence: break one and you´ll crash the other one. Not far away
No ...
... but they don't intend to hold at these levels. The only prayer Ben Bernanke has of not eventually being charged with "debasing the currency" is Obambi getting re-elected. To get Obambi re-elected, they need a new crisis. A new crisis can be used as a reason for new QE.
Always remember, this is a race to see which country can devalue their currency the fastest and export inflation to beggar their neighbors. The USD has to drop 75% from where it stands today for there to be ANY way the U.S. sovereign debt can be paid off.
barliman
Hey, barilman, you are spot on. I have resolutely reasoned that the US will never make it to the next election and last week said TSHTF between the 19th and 25th of March, though I may be off by a week (it could be this week) and that could mean everything.
I'm trying hard to visualize what the end-game looks like, and so far I see a 1000 or maybe even 2000 drop on the Dow, but everyone keeps going to work though a lot more people are worrying about their pensions.
After that, I don't see much, yet, but I'm working on it. After all, I'm only a proven clairvoyant, not a medium.
Keep posting comments. You're on the right track. The low volume is the catalyst for full descent into the abyss, AFAIK.
Perfect long term double top cross asset class. Bernanke playing king canute... #FAIL...
Fed's ability to game the system is growing and growing. They will soon be totally addicted.
System Addicts even.
http://www.youtube.com/watch?v=3e9L7nidYSA&list=FLMgXOebxWPM0BjkzB0__-1A...
And here comes the 3:20 PPT, right on time as usual. It's always on time because the FED wants you to know and see what they are doing.
Well, FAZ and TZA leveraged EFT shorts are looking good - the ramp is green - maybe not what the PPT had in mind...Looks like my stops are gonna hold for the day...
Big finance is lookin' real red all day today, only BK and UBS are doing half-way well.
I've lost more than I made on FAZ, and you should read this: http://www.zerohedge.com/news/how-faz-mobile-promises-lose-996-your-mone...
I'm in UVXY right now. We'll see what happens.
Get that cheap credit while you can.
don't want no credit, 'cept for being human. Paid it all off and cruising. Best feeling; but worried those $100's aren't gonna be worth too much this time next year.
Put your savings in Silver; than you have nothing to worry about.
The yellow dot is where the CBs started pissing themselves!
What's Wrong With This Picture?
Nothing. It shows that everything is under control. For now. Except oil prices. And food prices. And the deficit. And unemployment. And real wages. And housing......
In Casino terms, the credit market is the lever of the one arm bandit, the spinning reels are stocks. All they care about is some 'sucker' pulls the lever and the reels spin.
Alll of the fundamental "analysts" like Janujah, Rosenberg (terminally wrong) and the rest should learn the Gaming industry model , much more relevant. Next week... Black Jack !
Hey Hey - Ah Tyler or anybody:
Anyone besides me notice that FinViz 'News - Blogs' has dropped Zero Hedge, at least for today?
WTF is up?
Everything
So, massive printing ongoing...Cant help wondering, if we are hitting a high inflation scenario, shouldnt I just borrow as much as possible and let the money stealers pay off my debt?
no sarc
" What's right with it"? That would be the correct question.
It looks like a wet dream I had ! I was flossing my teeth in Heidi Fleiss' bush and Sandra Fluke was sucking my cuke ! Monedas 2012 Comedy Jihad Modern Chart Art
And your average Joe American says.....................huh....duhhhhhhhhhhh.....let's go eat at McDonald's
And THAT'S why this BULLSHIT works.
Time for oil and food prices to catch up with all the fiat thrown at the markets. Oh, it's the inflationary freight train with it's horn blarring in the tunnel.
Bloomberg TV this morning rather nonchalently stated that
1. The Fed has been buying 90%+ of long bonds, and
2. They can't stop.
SO that's it. End of capitalizm has already occurred.
M1 chart
http://fiatsfire.blogspot.com/2012/03/return-to-sender-monday-nearing-3-...
Wanna see how well central planning works (1st hand) ?
Walk up to an ant hill and take over.
WD 40 and a lighter brings back childhood ant hill invasions.
O/T, while Cramer hypothecates "AAPL PE ratios", perhaps he should explore ( Market share/cannibalization) and bring the CEO of Samsung on his Cartoon of a show! Perhaps Cramer should discuss ZIRP and Markets of scale. Eg; Wall Mart and Profit Margins.
Does Cramer think the slave factories in china are going to lower wages?
It has been a long day.
what is the 5 years and the 3 months? is each blue dot and green dot represent a month ago?
I get everything else.
iFucked. The new app. that everyone can use; it always gives the right answer.
What's Wrong With This Picture?
Everything!!!
I think the trick here is to HAVE ALREADY USED the cheap credit to get your asset base in order. Time....will....run.....out.
What's wrong with this picture? Everything. (Because it's what you get when you leave reality behind; which is never a good idea, because Reality is a Bitch and never forgets a name or a date).
When society has grown this large and the most important thing is the rigged casino and only .25% of the population is able to be self-suffient outside of the flashing lights and statistical bullshit......then that society is fucked. What will ever happen without our "precious" stock market? Trillions thrown into the Universes biggest black hole and it never ends. Greed and digital zeros that you can't even put a finger on are likely to lead to the complete destruction of the planet. The elite are so disconnected and fucking stupid that in the end they will be forced to live in a cave as the entire Earth is radiated. BUT........they will have 1,000 years of meal rations and every ounce of gold burried with them. If any of us are left, and while we'd have much bigger concerns, if by chance the entrance to said shit pit is discovered forget about opening it and getting revenge. Just block the entrance. You deserve yourselves and your big pile of yellow shit.
Don't forget to catch that " Marionette", Pisani tonight. He feels large after handling a " 400Toz" of XAU today.
I have a GOLD toed boot for HIM ( Pisani)!
everything that can go wrong
Doom's Day is finally here.
The dots are too close to play connect-the-dots
Where is William Sharpe when you need him?
He was blown up in a horrible bus accident. Oh you said Sharpe. My bad I thought you said Shatner.
I see a potentially massive compression trade: when the distortion introduced by the FED's debt monetization and interest rate inhibition games collapse the values of equity and credit will seek each other with great fervor and violence.
Properly timing the collapse of the FED induced equity/credit spread distortion so as to profit from it is the issue...
...this time is different
...because
it's the end of the world
...Bitchez
http://www.youtube.com/watch?v=YztzJcBktc8&feature=related
It is different this time Tyler... Peak resources against exponental population growth...
Oh, and I found the real TD: http://www.youtube.com/watch?v=Q4Tzpjddwv4
I see gold and silver in this picture.
Just showed the 3 charts to an economist friend of mine from South America, some selections from his response:
"wtf"
"are you fucking kidding me"
"that's insane"
"i have a hard time believing this but if those charts are true, it's pretty fucking worrying"
"lol, you niggas going bankrupt XD"
"enjoy your hyperinflation"
"hope you like indexed menus at mcdonalds"
"well, fuck the dollar"
"enjoy cleaning your ass with 100 dollar bills"
"i can't wait till it all goes to shit"
I am hoping USA can keep its shit together for just one more month...
let's all pray for you too, mark zuckerboy
qe effect is indeed there.
http://www.jinrongbaike.com/
http://www.cnhedge.com/
That chart resembles an artistic arrangement of rabbit turds, next to the rabbit hole.
three things i see in this chart.
Short term = gold mania
Medium term = hyperinflation and the end of keynesianism
long term. = The fed being used as a monetary museum and educational center for school children, dedicated to US congressman Ron Paul
would you ever matter about out economy?please
https://www.youtube.com/watch?v=ghzEKngrXCw&feature=fvst
I don't get it. Yields widening (capital moving out of bonds), while the S&P is going up. Risk on, wax off. What's the big deal?
Edit: Looked more closely at the graph. Given the 0.01 R-squared, why bother with a best-fit line? An r-squared of this magnitude don't mean dick. Also, what's the adjusted r-squared?
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