The Fed should NEVER allow the market to be RED. They are asleep at the switch this morning. At least they are holding up their TBTF bank stocks.
Here comes the daily "Europe's Closed" drop off a cliff. The Federal Reserve's target for the VIX is zero. No red days will be allowed in their stock market now that they have become more powerful than any government on earth.
And there is no end in sight. Nasdaq 5000 should be be crossed within a week or so and Nasdaq 10,000 is just around the corner. The Fed has figured out how to make its stock market always go up, and 100 PEs have become 'normal' for tech stocks. "Non-GAAP ex-"Items" " 'earnings' have created an entire new set of magic 'earnings' numbers that look nothing like old-fashioned 'earnings' numbers did. Now you can lose money hand-over-fist but report "Non-GAAP ex-"items" " huge positive numbers.
back-to-school q. Goldman has you shorts trapped and will not let you out easily with their infinite supply of free Fed money.
The "Bernax" are jumping on the bandwagon. Tomorrow Draghi will pump the market to new all-time highs and Goldman will squeeze ULTA even harder.
Guaranteed ETF, backstopped by the taxpayers. Largest holdings are all the TBTF banks that own the Federal Reserve and, get this, are "regulated" by the very same Federal Reserve that they own. Buy the only ETF that owns its regulator.
Draghi's weekly "talk-pump" results in stronger short squeezes every week. Soon Draghi will be "talk-pumping" the Dow 1,000 points each week.
Watch and Learn. Goldman wanted even more shorts to load up to create the mother of short squeezes. Upgrades and Downgrades may have meant something in the 20th century but in the New Paradigm they are tools for brokerages to fool retail investors and greedy traders.
Insiders, institutions, big holders unloading. Day traders that bought are ALL getting killed. Shorts are making a fortune on 10 years' worth of SQNM Pop-&-Drops. It's even easier to make money shorting SQNM on EVERY pop than to make easy money buying a TBTF Bernanke bank stock
SQNM is the Anti-AAPL of the stock market. Guaranteed money loser every week, every month, every year.
Nothing can stop the New Paradigm stock market, led by AAPL. I only wish that AAPL was a Dow stock so we could hit Dow 30,000 by the end of the year and 40,000 by March.
that another Central Bank CZAR speaks on Friday to drive the Nasdaq over 5,000. The Federal Reserve TBTF bank tracking stock, FAS, leaps straight up every day. It's better than holding a dot-com stock in 1999.
It's nice to see that it was blown through after the 4th attempt.
One of the very few 'total collapse' stocks in the middle of by far the biggest Superbubble in history. Down almost 20% in 1 1/2 market days while even the weakest of the Superbubble stocks can't drop more than 4% without a V-shaped short squeeze.
No doubt Draghi will say a magic word that willl double the size of the Superdebt Superbubble Supersqueeze.
Dow up 1,000 easily on Thursday. Banksters up at least 10%.
Win-win, all the time!
Nothing can stop TBTF. Blue skies forever! The Central Bank that they own is their 'regulator', full 100% guaranteed taxpayer backing, Buffy ordering Obama, and Schumer running interference. It just doesn't get any better than this!