Don't be so sure Bernanke is naive.... he can't be so blind as to not see how much he's widened the wealth gap. The problem here is that evil runs the world. When the hard-working masses finally get wind of this, there will be change, and it will end in the bloodshed of the offspring of the superwealthy... all these financial manipulators are doing is facilitating the demise of a once-great nation.
Supply and demand is not taught in statistics, it is taught in ECONOMICS.... and there is no way to model supply and demand in the stock market, as has been proven mathematically many times over. To make matters worse, how do you model "supply" of stock when just a handful of entities can call forth virtually unlimited numbers of shares within any given time frame, using derivatives like options? You can't.
All that was proven (again) today is that there was currently an excess of bearish bets by traders.... now those poor folks were forced to cover, and in a few days, you will get your actual sell-off... still a longer-term bull market, which when it crashes in a couple years, will mark the end of this US stock market forever.... well, until the currency is replaced and a "new" stock market is devised (because human greed will outlive the Universe itself).
Reminds me of an article I read about a famous options traders who sold puts for many years and made a ridiculous amount of money--only to lose it all AND THEN SOME in a matter of days. What are you going to do when you wake up 1 day and Dow futures are down 2000 points? Ridiculous? Watch and learn.
Sometime between 3/14 and 8/14 the final top will have to come.... for now, I think the trend is still UP--WAY WAY UP, a small short-term sell-off (coming up soon) notwithstanding.
It is every bit as unfathomable to deny the anthropomorphic contribution to global warming given the overwhelming supporting evidence as it is to deny evolution. The deniers of global warming are actually the ones who are being duped by conspirators, not the other way around. I just saw another fake BBC "documentary" that is full of bogus scientific "testimony" that rejects global warming (every single one of these "scientists'" arguments and sound-bytes can be easily debunked with a moderate amount of research, where almost all those providing testimony basically said they were wrong or their words were taken out of context).
Now, that said, it is not fair to attribute every single weather anomaly to GW because that only feeds the illiterate deniers' conspiracy claims.
They broke my year ago target of 1776 on the S&P... there is nothing that will keep it under 2000. Of course, it is all a giant hoax, designed to sucker in fools... ride this thing up as I think we are getting close to the "euphoric stage"--either this ride crashes in late 1st QTR 2014, or....
the other option is for this "bull market" to carry on for several more years. To do that, it would need to recharge itself first by dropping to S&P 1600. It is obvious this Fed does not care about inflation so once the money velocity picks up, a surge in inflation will mark the last hoorah for the US$
this is a really insightful argument.... it's like living in a town with no affordable apartments, except that ONE apartment sitting on top of a burning tower! YES, let's all go live there because they are such a great deal!!!
I don't understand why you care? Do you believe that shorts in this market are limiting your profits, as a permalong? Do you not realize that the only "fundamentals" at work here is the very presence of shorts, where the QE peddlers and Market Manipulators jack up stock prices just to burn them? without shorts, the S&P will be back under 800, and it'll happen very rapidly.
Forgot to add that it is a GREAT SIGN for those wanting to short to see so many believers in this market at a time when they should be running for the exits.
It is not the traders, it is the Fed and the Market Cartel working behind the scenes. I see more and more are believing that this is a true market, when in reality, it is EXACTLY THE OPPOSITE. Completely rigged, and the evidence is overwhelming.