Tuesday, December 8, 2015

No Bid Market: Fool Me Three Times. Shame On Me

ZH: Nov. 8, 2015
Institutions Dump Stocks For Fifth Straight Week

DotCom bubble
Housing bubble
Wall Street bailout/printing money bubble

The definition of an Idiocracy is a society that is incapable of learning. A society of dedicated morons who only trust proven psychopaths again, and again, and again... 

This lesson is going to bury dumbfuckistan once and for all...  

Price / volume:

Wall Street: "'Tis the season for the reason..."

"Stocks closed out the first week of December with a bang, with the S&P 500 and Dow Jones industrial average each seeing their best day [Friday] in almost three months [Flat on the week, not mentioned]"

"Keep in mind, it's a battle of season over reason...The opposing force that we have here which didn't keep markets down on Friday, clearly, is this ongoing erosion in the macro backdrop [aka. 'Economy']"

"over time, stocks go up three out of four times in December over the last 65 years. I'll take those odds."

"Heads, big bonus. Tails, clients are fucked. I'll take those odds."

When. Not if. 
"One day the negative feedback loop on the real economy will halt the ascent of stock and bond prices, and investors will look around like Wile E. Coyote wondering how far is down,”"