Stocks, Dollar Extend "Not-The-End-Of-The-World" Gains; Bitcoin, Apple Drop

Just keep buying iPhones 'Murica...

 

Nasdaq underperformed intraday thanks to APPL's disappointing move, but ripped back into the close - S&P, Dow, and Nasdaq at record highs, (even with Dow hit by MCD and AAPL)

 

AAPL and NASDAQ completely decoupled after the iPhone launch ended...

 

VIX held below 11 today...

 

But one look at NASDAQ VIX shows you all you need to know about today's farce...

 

Another double short-squeeze for stocks (and fade)...

 

Financials extended their gains, as Utes slipped...

 

Thelast 3 days have been the best for financials since the election - ripping from the 200DMA to the 50DMA...

 

AAPL Shares tumbled after iPhone X was unveiled with a failed facial recognition demo and late ship date...

 

FANG Stocks ended the day unchanged, fading after AAPL's event began...

 

Treasury yields rose once again, making it back to the pre-H-Bomb test levels

 

10Y yields are back at Harevy/Missiles-over-Japan levels...after a weak auction today

 

Are bond yields playing catch up to stocks?

 

The Dollar Index extended its post-NOT-the-end-of-the-world gains...

 

USDJPY continues to surge (Yen weaker)... (note Cable strengthened today on surging inflation)

 

WTI and RBOB both bounced on the day ahead of tonight's API data...

 

Gold bounced as Bitcoin was battered after JPM's Dimon's comments...

Comments

D.r. Funk Tue, 09/12/2017 - 16:04 Permalink

People, can we get real for a moment? Fundamentally there SHOULD be a crash, or correction. But the honest truth is that the game has now changed.Due to unprecedented amounts of newly created money going directly into the stock market, around $200+ Billion per month, there will be no crash or correction. The game has changed. Now it is all about BAITING bears (shorters) in order to make EASY money off THEM in the form of new all time highs.It's the same thing day in day out, week in, week out, month in month out, year in year out. No matter who is President. Let the market drop a few points, then it comes up higher. This has nothing to do with people buying and selling stocks, earnings, or valuations anymore. The Central Banks OWN all of the stocks and acquiring more ever day.The President's Working Group on Financial Markets can make the S&P 500 go to 4000 TOMORROW if they wanted to, no questions asked. This is not a real “market”, it's not true. It's complete fiction and fabrication. They control all the money and are literally making the stock market go up and down each day to BAIT MORE SHORTERS.This is all about making a fool of YOU. The realistic, pessimistic trader looking to make big bank on the “next big crash.” It's time to realize you're wrong and that this crash is not coming.I lost some money shorting the last few years, but now I see the writing on the wall. The S&P 500 is going to new ALL TIME HIGHS no matter what. I predict a price target of 3000 by the end of year, and 4500 by Q1 2019. If there is inflationary pressure on the dollar then we can likely expect S&P 500 6000 by Q1 2020.The time is now to go long, so now I am ALL IN. 3x Leveraged Long S&P 500. I'm up about $47,000 on the year and will be quitting my job soon. If I could use higher leverage I would, because up is literally the only direction for Stocks moving forward.Do not bet against Janet Yellen, Donald Trump, Gary Cohn, Mario Draghi and Kuroda who ALL want the Stock Market to go up and up. You think you're better than them? You're not. They have unlimited bullets.Get ready for the James Comey nothing burger tomorrow, followed by a YUGE surge in the S&P 500! And while we're at it, another SURGE on Friday (probably after another terrorist attack which will BAIT more shorters). The insiders always make it so they can enjoy stress free weekends in the Hamptons.

D.r. Funk D.r. Funk Tue, 09/12/2017 - 16:13 Permalink

Are you gonna start discussing with me, how "much you agree" or how you "agree but" or I "really make sense". Even though I pasted, or acct compromised, or received or spent time on a crafted agenda dissemination.I've been on Zh for 7 years, and now I'm using language in agreement and in alliance with globalists, shadow wall st, cb overlords and banksters.If I was just trying to trade out of having to work, why would I need SUCH the extent, of display of convincing, of rhetoric.

In reply to by D.r. Funk

D.r. Funk Clock Crasher Tue, 09/12/2017 - 16:20 Permalink

I respect you CCI oppose you theoretically, temperamentally, and "vehemently"I respect you a lot. But 23k is Bfucking S. You're not getting it.I do believe they are using every negative big headline as an index surge Excuse. Fairly and generally apparent. Your statement is such bs though and indicative of the fully usurped and controlled fake united states financial system and stock market

In reply to by Clock Crasher

Clock Crasher D.r. Funk Tue, 09/12/2017 - 16:42 Permalink

23,000 is only 4.5% away.  If we only get one 1% gap and run every other week we can get 23,000 without effort before year end. I dream of equities implosion but I have capitulated. October 2014 fake crash bear trapAugust 2015 fake crash bear trapJan-Feb 2016 fake crash bear trapand now 1.5 years without any crash real or imaginedThe next fake crash bear trap will be bid with printed moneyNo one wants to take responsibility and no one goes to jailHyperinflation on deckI am routing for all the bears out there I hope they make 10x on their shorts but I've got to go with the facts at the moment.Edit:  I used to read bullish replies here and think "these guys don't know what they are talking about.  Can't they see this market is in a bubble and is overdue to implode any minute now?"  The whole time holding onto my shorts thinking that I only had to sweat out six months, a year and half tops before a top would be put in before I could sleep good at night.I was looking at the market with negative emotion towards the prior busts and floor to ceiling criminality believing God would deliver us from evil by purging the market and all of its conspirators.  But the people I used to think were insane were right all along. It's a bitter red pill. 

In reply to by D.r. Funk

Clock Crasher Tue, 09/12/2017 - 16:11 Permalink

Ok ZH, we have an important anniversry coming up very soon. The Silver Gold ratio will be completing its 3rd year in the 70's and beginning its fourth year there. Any ideas? 

Clock Crasher Clock Crasher Tue, 09/12/2017 - 16:19 Permalink

Technically it crossed over 70:1 for the first time since 2011 peak on September 29th 2014.  didn't close above 70 on that day so we will celebrate on the first trading day of October which falls on Monday October 2nd.I've been watching this ratio like a hawk for ...well years (hahaha)That big precious miners push was all about GSR compression.I am ready to wait another year.  I'd rather NOT but... you know.. Fiat Ponzi Insurgency Regime.

In reply to by Clock Crasher

c2nnib2l Tue, 09/12/2017 - 16:12 Permalink

that's the last time I'm shorting nasdaq honestly 3 weeks for the fucks sake 3 weeks and it hardly fucking moved it's forbiden from going down no matter what the fuck is going on it's just always coming back up 

D.r. Funk c2nnib2l Tue, 09/12/2017 - 16:28 Permalink

Exactly what the programmers want you to feel. It's very intended. It's very capitulation designed. And of course, your comment represents... drumroll... capitulation. It's clear there's a design to the perpetual increases. It's clear.exactly why some of us are ADDING. NOT exiting. not doing what they want us to do. [if nothing else]

In reply to by c2nnib2l

adolphz Tue, 09/12/2017 - 16:21 Permalink

Sense a litt6more and more sarcasm from Zerohedge.com,Eventually their bug of doom and gloom will work. Until then I think me and the rest of the traders here will stick to making money with SHEP WAVE signals.

adolphz Tue, 09/12/2017 - 16:21 Permalink

Sense a litt6more and more sarcasm from Zerohedge.com,Eventually their bug of doom and gloom will work. Until then I think me and the rest of the traders here will stick to making money with SHEP WAVE signals.

gdpetti adolphz Tue, 09/12/2017 - 16:39 Permalink

The 'doom and gloom' is for reality check... and the charts for positioning... meanwhile, BTFD, right! Like the cypto's, you can trade them all you want... but reality says they are fake, like every other fiat... only worse, because they pretend to be not state supported, implying the state/SDR setup can eliminate them for their own global version quite easily whenever they want... just post a litttle more factoids about criminals using them.. India's example was another test.So, trade as you please, just know the music will stop... but it might be longer than the data indicates, as the data is heavily manipulated by the oligarchs running this puppet show... and remember that the markets follow the 'smart money' which has been exiting their positions for quite a while... as their large positions take months to exit... or longer.... which is where some of these timing of past events charts are beneficial... not for short term timing, but the long term reversal already engineered into the script.As for the sarcasm? Hard to avoid that when you realize WTF is really going on, right? It helps eliminate the excessively depressing reality that most haven't yet wakened up to see... if they did, there would be no market.

In reply to by adolphz