One thing I do want to add. Intermittent reports sometimes show some improvement, yet all my data shows that the "Overall" direction is trending lower.
There have always been "KEY" factors to tell the direction of a market. Things to monitor? (1). One is the top building and transportation metals like Aluminum and Copper should appreciate. (2). Precious Metals like Gold, Silver, and Platinum will also go up. (3). Food commodities, Machinery, and Fertilizer companies stocks should trend higher. (4). Stocks dealing with enhancing technology should also rise. (5) DOW stocks usually take the lead in going higher out of all the index's. (6) And last, but not least is Housing, Employment, and Wage growth. According to resent reports "ALL" are leveling off and trending lower.
Does anyone doubt manipulation? Just look at AAPL and BABA earnings comparison. AAPL EPS =14 cents, and BABA +6 cents. Both also beat revenue numbers. Apple had mixed guidance message and BABA presented an "ALL ROSY" picture. WHAT A JOKE!!!
The billionaire boys club probably picked BABA out of a hat to pump-up and help spur the market. One way to do this is give good guidance in a market that until "NOW" has reported a slowing in there economy. I believe this is a clear attempt at spurring a slowing market with information that is debatable.
So they may have lied on guidance...May have?...right!!!...So what's new? Apple is 4X bigger and 10X better company and there stock went down. Can you really trust analysts that are paid monkey's? My opinion is they will say whatever they are paid to say. So what is the definition of "Manipulation" again?
Could it be a last minute options swing? That doesn't sound that logical with all the upgrades, but most upgrades come from paid monkeys...Anyone have a guess?
My God its almost everyday it trades!!! It was +40 cents and at close it drops to +23 only. I am out on Friday. Someone/probably IM folks are bailing on POT and MOS...but MOS is always big drop at close!!!
What a piece of #$%$!!! Market has done nothing but talk about the negative issues in the stock market including inflation, interest rate hikes, REIT's losing value, bonds trading at dangerous levels, yet the VIX is still at 14 and change. This ETN is the most pathetic instrument that is suppose to mirror volatility. The only thing it mirror's is VIX figures that make no sense!!!
Who in there right mind would take on a company like AAPL with a large buy back program and $194,000,000,000 in cash?...Unless they made a deal...right? Apple has the resources in there front pocket to kill any short move in there stock...right? It just looks so obvious!!! Somethings just not right!!!