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Keyword: ppt

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  • Highlights From G-7 Statement Which Basically Says That The Plunge Protection Team Just Went Global

    08/07/2011 7:04:28 PM PDT · by dollarbull · 21 replies
    zerohedge ^ | 8/7/11 | tyler durden
    Highlights from the just released G-7 statement: G7 Says Will Take Every Action to Stabilize Financial Markets G7 says it will commit to secure liquidity in market G7 will cooperate closely on currency market actions G7 says it will be in close contact next few weeks G7 says disorderly moves in markets hurt economy G7 says currency rates should be decided by markets But the winning bullet point of the year is... G7 says currency rates should be decided by markets
  • Cazenove Strategist Says It's The Plunge Protection Team Driving The U.S. Equity Markets

    09/27/2010 7:23:08 AM PDT · by blam · 9 replies
    The Business Insider ^ | 9-27-2010 | Gregory White
    Cazenove Strategist Says It's The Plunge Protection Team Driving The U.S. Equity Markets Gregory White Sep. 27, 2010, 10:03 AM Cazenove's Robin Griffiths spoke to CNBC this morning (via ZeroHedge) on what's driving the current equity growth in the U.S. market. 0:30 Permanent Open Market Operations, or POMO, has the Fed buying treasuries from the banks, and then those banks act by putting money back into the market. 0:50 The money turns algorithms up, they enter the market, human investment managers don't enter the market, only the algorithms. Real investors don't want to buy in. 1:15 The equity markets are...
  • This Market Is Ready To Fall Like 2008 And It's Only The Plunge Protection Team Saving Us!

    07/08/2010 11:06:58 AM PDT · by blam · 15 replies
    The Business Insider ^ | 7-8-2010 | Gregory White
    This Market Is Ready To Fall Like 2008 And It's Only The Plunge Protection Team Saving Us! Gregory White Jul. 8, 2010, 12:17 PM Damon Vickers of Nine Points Capital spoke to CNBC this morning about his belief that we're heading towards another downturn the size of 2008, and that the plunge protection team is what is saving us. 1:15 Real estate is going to be going down for many years, and the savings rate is of concern. The public cannot sell real estate because the market is bad, but they can sell stocks. 2:25 Financial service stocks are a...
  • CNBC Guest Says Absent Plunge Protection Team Stepping In, Market Would Fall; Wien, Kernan Disgusted

    07/08/2010 8:51:43 AM PDT · by TigerLikesRooster · 88 replies · 2+ views
    Zero Hedge ^ | 07/08/10 | Tyler Durden
    CNBC Guest Says Absent Plunge Protection Team Stepping In, Market Would Fall; Wien, Kernan Disgusted Submitted by Tyler Durden on 07/08/2010 08:44 -0500 A highly amusing exchange occurred earlier on CNBC when guest Damon Vickers of Nine Points Capital had an unexpected moment of truthiness and turned some heads when he said that "unless the plunge protection team comes in over the next couple of days, the markets are looking very dicey here." When a disgusted Joe Kernan asks if Vickers was making a joke about the PPT, the response is "absolutely not - it's common knowledge that the government...
  • Rally Fizzles, Bulls Blowing It In Final Hour Of The Day (PPT Battles Bears To Finish)

    06/09/2010 12:22:56 PM PDT · by blam · 9 replies · 32+ views
    The Business Insider ^ | 6-9-2010 | Gregory White
    Rally Fizzles, Bulls Blowing It In Final Hour Of The Day Gregory White Jun. 9, 2010, 3:02 PM Update 3:15: Losses for BP (14 year low, according to CNBC) and Anadarko picking up as the day goes on: BP down 15.05% Anadarko down 9.86% What was once a rally is now toast with all indices having moved significantly lower in the last few hours. DOW up .09% NASDAQ up 0.25% S&P 500 up .08% To give you a little perspective, here's the DOW showing the gains we've lost on the day:[snip]
  • Markets TANK In Final Moments Of The Day: Here's What You Need To Know

    05/26/2010 1:21:20 PM PDT · by blam · 50 replies · 2,113+ views
    The Business Insider ^ | 5-26-2010 | Joe Weisenthal
    Markets TANK In Final Moments Of The Day: Here's What You Need To Know Joe Weisenthal May 26, 2010, 4:00 PM After surging by as much as 2% at one point, markets collapsed in the final moments of the day, a session that will prove very dispiriting for the bulls. But first, the scoreboard: Dow: -70 (below 10,000!) S&P 500: -6.2 NASDAQ: -15.07 And now, the key stories. * Once again, the see-saw market is the story of the day. Stocks were up very big early, following a good overnight session, and then collapsed in the final hour. * The...
  • Wall Street pares losses on materials and retail (Dow to finish above 10000 today, how convenient!)

    05/25/2010 12:50:20 PM PDT · by frogjerk · 17 replies · 1,095+ views
    NEW YORK (Reuters) - Stocks sharply cut losses on Tuesday as shares of basic materials and retail-related companies advanced. The Dow Jones industrial average (DJI:^DJI - News) dropped 112.53 points, or 1.12 percent, to 9,954.04. The Standard & Poor's 500 Index (^SPX - News) fell 9.46 points, or 0.88 percent, to 1,064.19. The Nasdaq Composite Index (Nasdaq:^IXIC - News) lost 22.70 points, or 1.03 percent, to 2,190.85. Indexes opened down nearly 3 percent.
  • Wall Street falls on Europe and financial reform worries

    05/21/2010 6:57:36 AM PDT · by Mad Dawgg · 17 replies · 1,155+ views
    Yahoo Finance/Reuters ^ | Friday May 21, 2010, 9:44 am | Editing by Jeffrey Benkoe
    NEW YORK (Reuters) - Stocks fell at the open on Friday, extending Thursday's steep declines, as concerns over the euro-zone debt crisis and U.S. financial reform fractured investor confidence in risky assets
  • US STOCKS SNAPSHOT-S&P futures breach market plunge low

    05/21/2010 6:50:51 AM PDT · by Mad Dawgg · 5 replies · 1,266+ views
    REUTERS ^ | May 21 2010 | Rodrigo Campos Editing by Padraic Cassidy)
    NEW YORK, May 21 (Reuters) - S&P 500 index June futures contracts SPc1 fell on Friday below 1,060, the lowest level hit during the still unexplained market plunge on May 6, which some analysts see as technical support level.
  • Stocks tumble on worries about European growth

    05/14/2010 11:59:52 AM PDT · by Mad Dawgg · 33 replies · 1,845+ views
    AP ^ | May 14th 2010 | STEPHEN BERNARD and IEVA M. AUGSTUMS
    NEW YORK – Stocks dropped again Friday after concerns grew that the deep spending cuts under Europe's bailout plan could slow a global recovery. The euro dropped to a 19-month low. The Dow Jones industrial average fell 215 points in afternoon trading following a slide of more than 3 percent in European markets. Investors seeking safety piled into Treasurys, the dollar and gold, which hit another record. Crude oil sank 4 percent, and an indicator of stock market volatility jumped. Currency traders have been moving out of the euro throughout the week because of concerns that cost-cutting measures in countries...
  • Former Plunge Protection Team Member: Governments Are Going to Tax Everything That Doesn't Move

    05/14/2010 6:33:25 AM PDT · by TigerLikesRooster · 22 replies · 660+ views
    Former Plunge Protection Team Member: Governments Are Going to Tax Everything That Doesn't Move I previously posted a short profile on Philippa Malmgren and the remarkable list of clients she has gained since leaving government. There is no question that word is out among insiders that she is an up and coming player. Today, she provided a briefing to financial executives in Australia. Paul Benson was there and provides notes on her latest thinking: /snip . * More strikes are likely as workers battle to have their incomes keep pace with inflation. * China is especially afraid of inflation as...
  • 8 Theories For Why The Stock Market Plunged Almost 1,000 Points In A Matter Of Minutes

    05/07/2010 6:05:18 AM PDT · by blam · 38 replies · 1,816+ views
    The Business Insider ^ | 5-7-2010 | Michael Snyder
    8 Theories For Why The Stock Market Plunged Almost 1,000 Points In A Matter Of MinutesMichael Snyder May. 7, 2010, 7:06 AM In one of the most dizzying half-hours in stock market history, the Dow plunged nearly 1,000 points on Thursday, May 6th before bouncing back to close down 347.80 points. This represented the biggest intraday decline since 1987. But what made this crash so absolutely shocking is that it happened in the course of less than an hour. Between 2 p.m. and 3 p.m. the Dow lost over 700 points before dramatically bouncing back about 600 points. Two of...
  • Stock Market Panic Dow Crash 1000 Points Before Fed Steps in to Buy

    05/06/2010 4:23:24 PM PDT · by blam · 77 replies · 2,128+ views
    The Market Oracle ^ | 5-6-2010 | Nadeem Walayat
    Stock Market Panic Dow Crash 1000 Points Before Fed Steps in to Buy Stock-Markets / Financial Crash May 06, 2010 - 02:56 PM By: Nadeem Walayat The sovereign debt crisis shock waves emanating out of Greece triggered a stock market Free fall crash today as the Dow sliced through support after support to all the way below Dow 10k, hitting a low of 9,872 before the Fed as part of the Plunge Protection Team (PPT) stepped in to halt the panic selling and triggering an equally phenomenal a 700 point reversal less than half an hour from today's close. The...
  • PBT "Palestinian" Bogus Terminology - PPT "Palestinian" Propaganda Terminology

    02/07/2010 8:43:11 AM PST · by PRePublic · 4 replies · 207+ views
    PBT Palestinian Bogus Terminology Or PPT Palestinian Propaganda TerminologyThe "Palestinian propaganda" greased by Arab oil & boosted up by terrorizing the west, has been "busy" for decades by producing phrases, terms in order to slur the democratic 'Jewish' state, ranging from plain ridiculous to simply outrageous lies. The first more noticeable attempt was (in the 1970's) by the Arab Muslim infested anti-Jewish bigotry was to coin [instead of the outside world declaring the truth about this intolerant society, about: racism of Arabism or the bigotry of Islamism] the outrageous phrase: Zionism - racism. Using its oil & market power insinuating to...
  • TrimTabs suggests government manipulated stocks

    01/06/2010 7:30:13 AM PST · by george76 · 9 replies · 737+ views
    MarketWatch ^ | Jan. 5, 2010, | Nick Godt
    Analysts say government's financial rescues have fueled conspiracy theories. The unusual circumstances that led the U.S. market to rally powerfully in 2009 might be explained by secret government moves to buy stocks, according to Charles Biderman, the founder and chief executive of TrimTabs, a research firm that tracks liquidity flows in the market. "We cannot identify the source of the new money that pushed stock prices up so far so fast," Biderman said . The source of approximately $600 billion net new cash necessary to lift the market's overall capitalization by $6 trillion last year could not be identified by...
  • Time to open the books on the Plunge Protection Team

    01/06/2010 7:01:20 PM PST · by Bull Man · 8 replies · 563+ views
    social security institute ^ | Jan 1, 2010 | Dr. Larry Hunter
    Rumors are rampant that the Fed and Treasury Department in league with large Wall Street firms are operating through the so-called Plunge Protection Team (PPT) to the stock market artificially. Fears are pervasive that if the pumping stops, the market will crash. Any truth to the rumors? Who knows? Only government insiders know because they refuse to open the books to public scrutiny. Whether or not the PPT is pumping the stock market by buying shares with new money created out of thin air by the Fed, the rumors are extensive enough and widely enough believed by market participants that...
  • What did Hank know and when did he know it?

    09/22/2009 6:21:11 PM PDT · by BGHater · 10 replies · 1,460+ views
    NY Post ^ | 22 Sep 2009 | John Crudele
    HANK Paulson has admitted that he kept in touch with "market participants" on Wall Street when he was Treasury secretary. But did the former head of Goldman Sachs use his government position to enrich his friends during one of the most tumultuous times in US financial history? Paulson's phone logs, which I obtained after a Freedom of Information Act request, show that the Treasury chief kept in frequent touch with a virtual Who's Who of Wall Street's power players. But a half-hour block of time could prove to be the most intriguing bit of non-information in his schedule. Let me...
  • The Coming Consequences of Banking Fraud

    09/11/2009 12:38:00 PM PDT · by BGHater · 13 replies · 962+ views
    Seeking Alpha ^ | 10 Sep 2009 | J.S. Kime
    The Double Dip Recession, or the “W” shaped recovery that a minority of economists, such as Joseph Stiglitz, is now stating as a strong possible outcome of this current rally, should not be discussed in the realm of economics but rather in the more apropos realm of financial fraud. The fact that the upleg of the “W” shaped recovery that is occurring now will inevitably crumble in spectacular fashion will not be a result of any free market principle, but rather the direct consequence of a fraudulent scheme executed by an elite global financial oligarchy, otherwise known as Central Banks....
  • Goldman Code Theft BOMBSHELL?

    07/08/2009 1:06:48 PM PDT · by crosstimbers · 46 replies · 1,749+ views
    The Market-Ticker ^ | July 8, 2009 | Karl Denninger
    FLASH** Goldman Code Theft BOMBSHELL? Something really ugly popped up on Daily Kos yesterday late in the afternoon..... ...GS, through access to the system as a result of their special gov't perks, was/is able to read the data on trades before it's committed, and place their own buys or sells accordingly in that brief moment, thus allowing them to essentially steal buttloads of money every day from the rest of the punters world. Two things come out of this: 1. If true, this should be highly illegal, and would, in any sane country result in something like what happened to...
  • Goldman Code Theft BOMBSHELL?

    07/08/2009 1:16:21 PM PDT · by hripka · 7 replies · 730+ views
    The Market Ticker ^ | July 07, 2009 | Karl Denninger
    Something really ugly popped up on Daily Kos yesterday late in the afternoon..... ...GS, through access to the system as a result of their special gov't perks, was/is able to read the data on trades before it's committed, and place their own buys or sells accordingly in that brief moment, thus allowing them to essentially steal buttloads of money every day from the rest of the punters world. Two things come out of this: 1. If true, this should be highly illegal, and would, in any sane country result in something like what happened to Arthur Andersen... (2. ... is...
  • Federal U.S. Debt Has Ballooned to Over $100 Trillion! 18 comments

    05/27/2009 10:26:46 AM PDT · by TenthAmendmentChampion · 18 replies · 796+ views
    Seeking Alpha ^ | May 27, 2009 | J. S. Kim
    Currently, the US federal debt stands at more than $100 trillion. According to the recent US stock market rally, the fact that the US government is not only bankrupt but has put every four-person family in America on the hook for more than $1.45 million does not merit concern. ... Despite the recent stock market rally, the fundamentals of the US economy are downright scary. According to the figures released by the US government, as of May 25, 2009, the US federal debt stood at $11.3 trillion, about $37,000 for every man, woman and child in the US (we’ll get...
  • Steep Sell-Off Continues; Dow Below 6500; S&P, Nasdaq Down 2%

    03/06/2009 12:18:43 PM PST · by Red Steel · 32 replies · 1,244+ views
    Yahoo finance ^ | March 6, 2009
    Stocks fell to further 12-year lows on Friday as a bearish brokerage view on Apple Inc prompted a sell-off in technology shares and overhanging fears about the banking system's future weighed. A 6 percent slide in Apple shares helped drag the Nasdaq to a 6-year intraday low, while the broad S&P 500 was on track for its worst week since October.
  • Plunge Protection Team (PPT) at Work?

    02/20/2009 11:23:43 AM PST · by central_va · 24 replies · 1,048+ views
  • Stock Market Turns, Now Positive

    10/10/2008 12:38:19 PM PDT · by Chet 99 · 116 replies · 4,860+ views
  • RIGGING STOCK MARKETS IS EVEN OK ABROAD

    02/15/2008 1:00:54 PM PST · by oblomov · 7 replies · 79+ views
    NY Post ^ | 14 Feb 2008 | John Crudele
    February 14, 2008 -- IF you still don't believe me that the US government has an organization called the Plunge Protection Team that intervenes in the stock market, consider this: * A former Federal Reserve official proposed just such a market-rigging operation decades ago. * US Treasury Secretary, Hank Paulson, publicly brags that he has revitalized a group that some - including me - thinks is capable of rigging the market. * Paulson has admitted on TV that he regularly discusses financial trouble spots with "market participants," perhaps even at the Wall Street firm he once headed. * A former...
  • Bush convenes Plunge Protection Team

    01/23/2008 7:20:33 PM PST · by AndyJackson · 73 replies · 116+ views
    Telegraph ^ | Ambrose Evans-Pritchard
    Bears beware. The New Deal of 2008 is in the works. The US Treasury is about to shower households with rebate cheques to head off a full-blown slump, and save the Bush presidency. On Friday, Mr Bush convened the so-called Plunge Protection Team for its first known meeting in the Oval Office. The black arts unit - officially the President's Working Group on Financial Markets - was created after the 1987 crash. It appears to have powers to support the markets in a crisis with a host of instruments, mostly by through buying futures contracts on the stock indexes (DOW,...
  • Bush convenes Plunge Protection Team

    01/08/2008 11:12:01 AM PST · by Travis McGee · 116 replies · 150+ views
    Telegraph.co.uk ^ | Jan. 8, 2008 | Ambrose Evans-Pritchard
    Bush convenes Plunge Protection Team By Ambrose Evans-Pritchard, International Business Editor Bears beware. The New Deal of 2008 is in the works. The US Treasury is about to shower households with rebate cheques to head off a full-blown slump, and save the Bush presidency. On Friday, Mr Bush convened the so-called Plunge Protection Team for its first known meeting in the Oval Office. The black arts unit - officially the President's Working Group on Financial Markets - was created after the 1987 crash. It appears to have powers to support the markets in a crisis with a host of instruments,...
  • Is The PPT An 'Urban Myth'?

    04/08/2003 11:23:36 AM PDT · by sourcery · 22 replies · 263+ views
    Safe Haven ^ | April 8, 2003 | Nelson Hultberg
    I have the utmost respect for John Mauldin of FrontlineThought.com. His grasp of investment-financial affairs is encyclopedic, and the service he offers to the public is superlative. I read him with great pleasure every week. But I definitely must take issue with his recent essay on the existence of the Plunge Protection Team in which he declares the PPT to be impossible -- in his words an "urban myth." I believe Mr. Mauldin has bought into the warped vision of CNBC's Art Cashin, and in so doing has come to a very wrong conclusion about the reality of the PPT....
  • Gold drops $6.10/oz.:Plunge Protection Team At Work

    06/05/2002 3:41:22 PM PDT · by shrinkermd · 20 replies · 213+ views
    Today, the gold market saw the price correction that many analysts, especially those with bearish biases, have been predicting since gold crossed $290. Actually, the drop started last night in the ACCESS, an electronic system operated by NYMEX where gold trades along with the Asian and the Australian markets. (ACCESS lets the New York houses keep a piece of the 24-hour gold market. NYMEX owns ACCESS, and also COMEX. ACCESS it closes 20 minutes before the outcry COMEX opens, where the exchange members make their really big money.) Anyway, shortly after ACCESS opened, some 700,000 to 800,000 ounces were dumped....
  • Plunge protection and rallying shares

    03/18/2003 11:34:04 AM PST · by sourcery · 23 replies · 188+ views
    This is London | Evening Standard ^ | 18 Mar 2003 | Anthony Hilton
    STOCK markets rallied last week because it looked as if war with Iraq was going to be postponed. Yesterday the markets rallied because it looked like the war was about to begin. The two reasons contradict each other. The explanations do not make sense unless the markets are being rigged. And who might want to do that? Well the US government would. The last thing President George W Bush needs is for his invasion of Iraq to set off a stock market crash, a collapse in the price of the dollar, a rush into gold or a spike in the...
  • The Plunge Protection Team

    04/05/2003 1:53:16 PM PST · by sourcery · 38 replies · 865+ views
    Safe Haven | Frontline Thoughts ^ | April 5, 2003 | John Mauldin
    I have had so many letters of late asking me what I think of and/or know about the existent of the so-called Plunge Protection Team, that mysterious group of government officials who secretly prop up the stock market when it drops too much, that I am going to jump in where wiser minds would just leave the subject alone. It will offer a good opportunity for you to understand concepts of arbitrage and how the markets really work. Plus, if you can prove me wrong, I will show you how to get a quick $100,000. Following the stock market crash...
  • The Wrinkled Whores of Wall Street

    04/23/2003 9:27:13 AM PDT · by Cicero · 35 replies · 154+ views
    World Net Daily ^ | April 21, 2003 | Vox Day
    The wrinkled whores of Wall Street Posted: April 21, 20031:00 a.m. Eastern © 2003 WorldNetDaily.com At times, one is forced to wonder if the financial media operates on some sort of Orwellian contrarian basis, wherein every word's meaning is wholly inverted. After all, the "inevitable" post-war rally left the Dow 183 points lower than it was when the pre-war rally ended, and the "lackluster trading" that was sure to characterize the lead-in to the three-day Easter Weekend somehow managed to pump the NASDAQ up 5 percent on "light" volume that was 18 percent higher than the monthly average. There's a reason...
  • The Working Group on Financial Markets at Work

    03/14/2003 7:29:23 AM PST · by hripka · 2 replies · 522+ views
    My Home Lender email newsletter | March 14, 2003 | Roger Arnold
    The Working Group on Financial Markets at Work I'm Glad to see a recovery this week in equities world wide and the corresponding reduction in Gold and increasing treasury yields. I however do not believe there is any fundamental reason to believe that this is anything other than a near term turning point in the market. I also do not believe that this was driven by market fundamentals. On Tuesday evening, about 2 hours after the Japanese markets opened I sent out 2 e-mails to money mangers with whom I correspond: First e-mail : Watch for an increase in Gold...
  • Goodbye, shorts . . .

    08/14/2002 9:06:53 PM PDT · by arete · 21 replies · 247+ views
    Capitalstool.com ^ | 8/14/02 | Mark
    No doubt that today caused some severe migraines for the short-sellers. So we’ll stick to business. The Plunge Protection Team pulled out its OEX guns again today to once again “save” the market. After what looked like another day of severe weakness, the afternoon intervention triggered another short-circuit in the black box programs, sending them spiraling out of control issuing “buy at any cost” signals. That basically sent the market into a full-fledged derivatives panic, which took us past the 911 number on higher volume, and put is within a few points of the 925 area to resume the “three...