Ok, I held back this afternoon, with regard to my true feelings towards Janet Yellen.
But now it is time to let this geriatric woman, this misanthropic hog, know exactly how I feel.
It’s bad enough that this bastard of a stock market is manipulated from the top down. All of the traditional correlations, based upon LOGIC, have been distorted by the perverts at the Fed. I’ve grown to accept them and even embrace them, interpreting their words and actions as a ‘green signal’ to speculate, open up personal harems, and behave in gluttonous ways–at all times. Now this lady, this Brooklyn troll, tells me that ‘social media and small capped biotech stocks’ are no good?!
WHAT THE FUCK!
Are you serious? Since when is it the Fed’s business to tell me what sectors of the market to avoid? Say for example, I listened to Ms. Yellen and sold short YELP, based upon her analysis. Let’s say, for example, I sold short a small capped biotech stock named Seattle Genetics, SGEN, thinking the Fed knows all.
What if YAHOO took some of their ‘fuck you’ Alibaba money and made a hostile bid for YELP at $100 and on the very same day Pfizer acquired SGEN for $98 per share, backed by the Baker Brothers? Would I be entitled to file a lawsuit against the Fed, or are they protected by the ‘newsletter act’? Any attorneys out there?
If the good Dr. Benjamin Bernanke were still at the helm, none of this would be happening. He’s not a stupid man, unlike Janet. She is a very stupid man, indeud.
https://www.youtube.com/watch?v=RW3Y4OuTPHQ
If you enjoy the content at iBankCoin, please follow us on Twitter
pretty, pretty crazy, yeah
I don’t get why this piece of intervention is what upsets you. Seems relatively benign compared to the other steps taken.
fuck you
Well said, Doctor
TWJP- it’s different because she just took it from the unspoken to blatant open admission.
Oooh i love it when you get angry. “This misanthropic hog” is a fine piece of writing.
I agree with you….wtf are they doing commenting on what sectors they find overvalued? How do they know? I think they are just trying to talk the market down a bit so they can keep heating up the underlying economy, or at least keep trying to.
Why are they trying to talk down the market when they always try to prop it up?
my best guess is that they know they are providing too much accommodation for too long. The last two times they stopped it was premature and the market and economy tanked. I think this time they have decided to “overshoot the runway,” and one of the things they can do to somewhat limit the potential fallout is try to talk down some of the overheated areas.
Everyone pretty much knows QE should be over and they should already be either seriously talking up or actually raising rates. They are terrified to taper and move up the dot plot at the same time, so she comes out and jawbones instead.
We all know they her words will not stop the social media juggernaut. It will collapse on its own when shit gets real. When there are real capital fears or meaningful investment alternatives.
Grandma don’t scare nobody.
Huggie, Fed has been tapering for a while, and rates have been going down? Everyone expected rates to go up with tapering. 10 year began the year at 3%, and now it’s at 2.56%.
Yeah, its hard to make sense of anything. Bonds are pricing in deflation, market surveys and employment show an economy heating up. Commodities are in decline, gold doesnt know what to do.
Grandma Yellen is talking down the market, meanwhile earnings are rising.
No one understands what is happening.
Your guess, itself, doesn’t fully make sense though. Implies they weren’t astute enough to recognize overheating, until now, while, they have talked-down bubble&elevated level concern.
FLY is right, odd contradiction
For rates, staying low, I would not ignore Belgium. Who the hell it is who knows. but not conspiracy. ‘Belgium’ is buying the equivalent tapering amt
It is a coded message to the illuminati to finish selling and now time to get short.
Seriously Bluestar? Seriously!
Did you really think I was serious? Lighten up Francis! By the way The Fly is part of the illuminati hence the capstone symbol on his logo.
(what he said) ^^
Not seriously but
The little puzzle pieces are interesting. Follows Bis (the Fed’s parent/guardian) saying equities were “too euphoric”
The ‘problem’ comes from they are the ones pumping things. (i believe directly) At the same time saying is excessive
reason to be skeptical? (rhetorical)
While Greenspan didn’t call out a specific sector by name, it was pretty clear what he was talking about (tech) when he brought up irrational exuberance. Tech stocks ripped up another 300%+ after he said that circa 96′, albeit with bouts of 15%-20% declines in between (Feb-April 97′, Oct-Dec 97′, July-Oct 98′)
Seemed a bit odd that she came out with these remarks today, rather than when many of the stocks in reference were ~40-50% higher a few months ago.
Those sectors had vulnerable chart setups. She was shaking out weak hands so the big players can load up.
She said it right at a major inflection point for the RUT too. Sneaky bitch. Odd that the inflection point led to this. Did she choose to do this because of that? Or did people somehow know? I say that for the small caps. Otherwise, other ones are beaten down too. Very odd. I think it’s a head fake. Stocks to the moon muthafucka.
Yup. I agree. She was sitting there, knitting, watching charts, and says to herself “hehe, if $IWM loses $114 those trader folk are going to freak out”. That it!
I mentioned in my own post recently, (a part of) free-market capitalism has been removed via stock market manipulation.
So today’s dictation wouldn’t surprise me. They’ve already been “dictating” to you in some ways. Just not with words.
What IS occuring, (most) Americans will realize (and regret), down the road
Fly, love the musac!
Every new Fed chair faces a crisis or MAJOR sell off in their first year.
Greenspan – 1987
Bernanke – 2007 (when the crisis started)
Yellen’s is coming this Fall – be prepared – the Bull will then gore its way upward in Nov/Dec
How many of the thousand “gurus” you listen to told you this? Stop regurgitating crap. Of course the market falls every once in a while. And you’re backing it up by giving us a sample size of 2?
This market is going to spite this old hag, her and her false teeth and RIP TITS (albeit saggy tits) to the upside right into her chicken gobbler neck and jaw.
This “person” if actually a human and not a troll who eats flesh when you aren’t looking…. waters Venus flytraps as part of her “garden” containing rocks, weeds and beats. In her last life she was Smeagol coddling “her precious” whilst living in darkness as a hermit.
In her current life, she was given an ipad by her grandchildren who says she smells old, because they wanted to remain in her good graces… As such she became addicted to candy crush and after being stuck on level 300 and using the federal reserves capital to buy her 10,000 extra moves to no avail, she declared scale media the bain of her existence and a tool of Satan and she strikes down with vengeance until KING goes bankrupt and has no more money to invent impossible levels she cannot beat. Damn you candy crush!!!! She says as she throws her porrige against the wall!!!
Yellen’s outfit looked very clockwork orangesque today, maybe she is a space alien from the future.
That was an Orc commander outfit worthy of Sauron’s elite killing squad.
social media* and porridge, but Autocorrect is a tool of Internet stocks and Satan!!!
I saw this similarity in the above video… Maybe someone else did as well? http://imgur.com/PuQkIkr
Good one Unc!
Thanks, budh. Maybe grandma’s more of a Mickey, though. She’s got Dr Fly chasing chickens for his own good… http://imgur.com/DZouqLz
haha. I can’t get past the teeth though. So for me I always think Smeagol or Wendy from Breaking Bad.
http://www.georgerose.com/data/photos/9_1Comedian_Rodney_Dangerfield_1987.JPG
Ha ha! Hattery – that works too!
I’m sure Ms. Yellin has the appropriate securities license to be making investment recommendations.
Holiday trading of crude is almost over. Energy was also not named as a set of steak knives by grandma. Buy the dip seems reasonable.
Maybe someone has his/her claws in Yellen. The puppet master if you will, with her as the puppet. Everyone has a price in Washington.
Interesting futures
Fly
If you recall, Greenspan did this with tech stocks suggesting valuations were stretched… in 1996ish I think.
And we all know what happened after that. Unless they drastically change policy direction in a way that surprises the market these stocks will go higher.
I like the idea that the Fed is now commenting on market sector specifics . And when you look at social media and small biotech many of these will/are destined for failure .
small caps no looky too good
the russell is up huggie
lol. not anymore
Lol up again
The Drama is just too much to bear. (Bare) Bear? Whatevz.
the truth is fed is expanding into new territory, and stronger than ever.
I do recall the President telling us to buy stocks in March of ’09. He was right on the money.
Question for OA if I may: At what point does the IWM get tired of trying to break out of this range and collapse into a 10-15%ish decline? Seems like we are just met with selling pressure time after time. To use an old psychology term “learned helplessness” in getting past resistance. If it continues to be a market of stocks we may be able to get by, but once it becomes a stocks market and the Russell gets “exhausted” how will we know? Hopefully the ? makes sense..
Ms. Yellen: “those who attempt predict the future solely based on the past will get their balls crushed”