05/23/2014 Live Update

[Al_Dente]

T2104

[gappy]

[quote="TumblingDice"]Today's VIX behavior is pretty telling IMHO.

Maybe I'm completely wrong but this smells like the MM's trying to lower premiums for puts by having a coordinated attack on the VIX. The last time the VIX was so pounded and then quickly brought back up again, not in concert with equity market action was May 12th if I'm not mistaken.


http://pebblewriter.com/propping-up-the-markets/

Capture.PNG

Add vix to the manipulations.

[fehro]

The attachment 523new hoome sales green_png.png is no longer available

not sure if you knew.. but if you click the release data.. you have the option to see a chart. fwiw. http://www.investing.com/economic-calendar/

[gappy]

5 minute.

Capture.PNG

[Al_Dente]

TNA blew through the double top, filled the gap, now back-testing it

[Al_Dente]

523new hoome sales green_png.png

not sure if you knew.. but if you click the release data.. you have the option to see a chart. fwiw. http://www.investing.com/economic-calendar/

[Out of Bounds]

I didn't know that, Fehro

[merryme]

$VIX is at a "spread triple bottom" on P&F chart. This is weekly. Very solid looking but that doesn't mean it can't breakdown.

vix05232014.doc

(50 KiB) Downloaded 106 times

[gappy]

Today's VIX behavior is pretty telling IMHO.

Maybe I'm completely wrong but this smells like the MM's trying to lower premiums for puts by having a coordinated attack on the VIX. The last time the VIX was so pounded and then quickly brought back up again, not in concert with equity market action was May 12th if I'm not mistaken.


http://pebblewriter.com/propping-up-the-markets/

Capture.PNG

Add vix to the manipulations.

Exhibit A.

Capture.PNG

Not only do they destroy a free market, they toot the horn.http://www.stlouisfed.org/newsroom/disp ... ticle=2205

[TumblingDice]

Today's VIX behavior is pretty telling IMHO.

Maybe I'm completely wrong but this smells like the MM's trying to lower premiums for puts by having a coordinated attack on the VIX. The last time the VIX was so pounded and then quickly brought back up again, not in concert with equity market action was May 12th if I'm not mistaken.


http://pebblewriter.com/propping-up-the-markets/

Capture.PNG

Add vix to the manipulations.

Yup. The other factors can turn around at any time. The USD/JPY can break the critical 102 level, TNX can break 2.75%, XLF can start outperforming and actually making highs. But, until they do, I'll give the short side time. Rallies should be kicked off with rising volume and long white candles larger in magnitude than the red candles that got us to the bottoms.

All my instincts say one more big dip and then a rally.

[1der]

gappy:
quote:" Not only do they destroy a free market,.... "

There hasn't been a free market in the US to destroy. It is just a different level of manipulation.

A FREE market exists in Somalia. imho, there has not been a "free" market in North America since shortly after Columbus landed.

[gappy]

Today's VIX behavior is pretty telling IMHO.

Maybe I'm completely wrong but this smells like the MM's trying to lower premiums for puts by having a coordinated attack on the VIX. The last time the VIX was so pounded and then quickly brought back up again, not in concert with equity market action was May 12th if I'm not mistaken.


http://pebblewriter.com/propping-up-the-markets/

Capture.PNG

Add vix to the manipulations.

Yup. The other factors can turn around at any time. The USD/JPY can break the critical 102 level, TNX can break 2.75%, XLF can start outperforming and actually making highs. But, until they do, I'll give the short side time. Rallies should be kicked off with rising volume and long white candles larger in magnitude than the red candles that got us to the bottoms.

All my instincts say one more big dip and then a rally.

A problem with rigging stuff is the law of diminishing returns. See declining rate of USD as world currency of settlement. And top line gains from corporate buy backs and labor cost reduction. The worlds biggest economy built on paper shuffles and disinformation. Won't last.

[Al_Dente]

TA Alerts

[gappy]

gappy:
quote:" Not only do they destroy a free market,.... "

There hasn't been a free market in the US to destroy. It is just a different level of manipulation.

A FREE market exists in Somalia. imho, there has not been a "free" market in North America since shortly after Columbus landed.

Touche! I stand corrected.

[gappy]

Capture.PNG

[fehro]

Index Dailies.. TRANSport..new all time highs again... RUT pops above 20d, 200d.

[gappy]

Capture.PNG

So they say this.

Capture.PNG

[gappy]

Crawling up the 50.

Capture.PNG

[fehro]

Crawling up the 50.

The attachment Capture.PNG is no longer available

or under a trend depending your prespective! ... SPX 60m

[uempel]

"A FREE market exists in Somalia ...."

Apparently "buying shares" in Mogadishu consisted of investing in a group of pirates - much like in the Caribbean 250 years ago. Note that the article is 3 years old, so things might have changed for the better:

http://online.wsj.com/news/articles/SB1 ... 3910765818